OPEX vs RULE

Comparison between Tradr 2X Long OPEN Daily ETF (OPEX, ETF) and ADAPTIVE CORE ETF (RULE, ETF).

OPEX vs RULE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPEX(ETF)	RULE(ETF)
Net Assets	$16M	$16M
Expense Ratio	N/A	1.84%
Max Drawdown	87.46%	30.49%
Sharpe Ratio	-0.61	1.62
5Y Beta	6.10	0.94

Net Assets

OPEX

$16M

RULE

$16M

Expense Ratio

OPEX

N/A

RULE

1.84%

Max Drawdown

OPEX

87.46%

Winner

RULE

30.49%

Sharpe Ratio

OPEX

-0.61

Winner

RULE

1.62

5Y Beta

OPEX

6.10

Winner

RULE

0.94

OPEX vs RULE - Historical Returns

Returns include dividend reinvestment.

Period	OPEX	RULE
1 month	-18.25%	+6.49%
3 months	-31.28%	+34.24%
6 months	-70.21%	+41.84%
1 year	N/A	+46.54%
5 years(CAGR)	N/A	+6.05%
Max(CAGR)	-91.70%	+6.05%

OPEX

-18.25%

Winner

RULE

+6.49%

OPEX

-31.28%

Winner

RULE

+34.24%

OPEX

-70.21%

Winner

RULE

+41.84%

OPEX

N/A

RULE

+46.54%

5Y(CAGR)

OPEX

N/A

RULE

+6.05%

Max(CAGR)

OPEX

-91.70%

Winner

RULE

+6.05%

OPEX vs RULE - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	OPEX	RULE
2026	-63.75%	+38.48%
2025	-46.89%	+4.30%
2024	N/A	+9.36%
2023	N/A	+6.29%
2022	N/A	-22.80%
2021	N/A	+1.03%

OPEX vs RULE Drawdown Comparison

The maximum drawdown for OPEX was -87.46%, occurring on Jun 8, 2026. This drawdown has not yet recovered.

The maximum drawdown for RULE was -30.48%, occurring on Oct 27, 2023. Recovery took 1057 trading sessions.

The current OPEX drawdown is -86.93%. The current RULE drawdown is -3.27%.

Rank	OPEX	RULE
#1	-87.46% Nov 12, 2025 - Jun 8, 2026	-30.48% Nov 8, 2021 - Jan 27, 2026
#2	-38.06% Oct 27, 2025 - Nov 12, 2025	-12.65% Feb 25, 2026 - Apr 14, 2026
#3	N/A	-9.46% Jun 3, 2026 - Jun 10, 2026
#4	N/A	-6.61% May 14, 2026 - May 26, 2026
#5	N/A	-5.26% Jan 29, 2026 - Feb 25, 2026
#6	N/A	-1.95% Apr 27, 2026 - Apr 30, 2026
#7	N/A	-1.55% May 6, 2026 - May 8, 2026
#8	N/A	-1.46% May 11, 2026 - May 13, 2026
#9	N/A	-1.21% Apr 17, 2026 - Apr 22, 2026
#10	N/A	-1.03% Apr 14, 2026 - Apr 17, 2026
#11	N/A	-0.35% Nov 4, 2021 - Nov 8, 2021
#12	N/A	-0.29% May 26, 2026 - May 29, 2026
#13	N/A	-0.16% Apr 22, 2026 - Apr 24, 2026
#14	N/A	-0.15% May 1, 2026 - May 5, 2026

Correlation

Correlation between OPEX and RULE is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

-101