WX ranks 37th and FDRX 84th of 95 funds in the Leveraged Long (2x & Other) Category.
FDRX vs WX
WX −0.88pt a year
1.08%0.20%
FDRX 40.2×the volume
11.5K285
FDRX vs WX Performance
+11.2%−3.2%
- FDRX 1.08%
- WX 0.20%, better
- FDRX $1M
- WX $1M
- FDRX 1
- WX 1
- FDRX 11.5K sh, better
- WX 285 sh
- FDRX $21.19
- WX $22.96
ETF.net Grade
| Pillar | FDRX | WX |
|---|---|---|
| Cost | F19 | A100Higher |
| Mission | ||
| Risk | C41 | A71Higher |
| Tradability | C44Higher | D31 |
| Holdings | ||
| Durability | D29Higher | F23 |
Rank among Leveraged Long (2x & Other) funds
Same Category. FDRX and WX are both graded against the same 95 Leveraged Long (2x & Other) funds, so their Grades compare head to head.
Our read on each fund
FDRXD
WXC
In short
FDRX Most of the leverage aisle is Dow and Nasdaq wrappers. FDRX points the same daily-reset machinery at a founder-led stock index and doubles the day's move (2x, not 3x). A one-day tool with a niche theme bolted on.
Stated mandate
FDRX The Fund seeks daily results before fees and expenses equal to twice the Founder-Led Index’s daily performance for a single NAV day. It resets exposure daily and primarily uses derivatives such as total return swaps and futures.
Why people hold it
Worth knowing
FDRX vs WX Holdings
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
FDRX vs WX Cost
Overpaying FDRX vs WX
$15,819
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FDRX 1.08%
$19,974
WX 0.20%
$4,155
Cost over time
Year by year
| Year | FDRX | WX | Overpaying |
|---|---|---|---|
| 10 | $1,898 | $365 | $1,533 |
| 20 | $7,106 | $1,421 | $5,685 |
| 30 | $19,974 | $4,155 | $15,819 |
- 1.08%FDRX
- 0.20%WX, cheaper
- Middle half of Leveraged Long (2x & Other) funds
- Median 0.95%
WX cheapest of 95 funds
FDRX 81st cheapest of 95 funds
FDRX vs WX Dividends
- FDRX None
- WX None
Distribution history
FDRX vs WX Risk
Fall from peak · 5 years
Risk facts
- Market sensitivity
- FDRX 2.84WX 2.76
Popular comparisons
- 1.08% · 0.89%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.89%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 1.08% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 1.08% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.20% · 0.93%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.