PortfoliosLab logoPortfoliosLab logo
Direxion Daily NVDA Bull 2X Shares ETF (NVDU)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

Issuer
Direxion
Inception Date
Sep 13, 2023
Leveraged
2x
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Growth

Share Price Chart


Loading graphics...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Direxion Daily NVDA Bull 2X Shares ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


Loading graphics...

S&P 500 Index

Returns By Period

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has returned -17.67% so far this year and 94.49% over the past 12 months.


Direxion Daily NVDA Bull 2X Shares ETF

1D
10.83%
1M
-5.33%
YTD
-17.67%
6M
-22.84%
1Y
94.49%
3Y*
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 13, 2023, NVDU's average daily return is +0.41%, while the average monthly return is +7.26%. At this rate, your investment would double in approximately 0.8 years.

Historically, 58% of months were positive and 42% were negative. The best month was May 2024 with a return of +56.6%, while the worst month was Mar 2025 at -27.1%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.

On a daily basis, NVDU closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +36.2%, while the worst single day was Jan 27, 2025 at -33.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.70%-16.14%-5.33%-17.67%
2025-25.95%4.76%-27.07%-6.96%50.48%35.37%25.00%-5.52%12.60%15.27%-25.38%8.97%33.65%
202437.17%43.42%20.53%-12.23%56.62%23.48%-14.83%-0.74%0.06%16.68%6.41%-7.92%289.29%
2023-6.91%-10.23%21.87%7.97%9.96%

Benchmark Metrics

Direxion Daily NVDA Bull 2X Shares ETF has an annualized alpha of 46.34%, beta of 4.07, and R² of 0.47 versus S&P 500 Index. Calculated based on daily prices since September 14, 2023.

  • This ETF captured 596.28% of S&P 500 Index gains and 205.22% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.47 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
46.34%
Beta
4.07
0.47
Upside Capture
596.28%
Downside Capture
205.22%

Expense Ratio

NVDU has a high expense ratio of 1.04%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

NVDU ranks 66 for risk / return — better than 66% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


NVDU Risk / Return Rank: 6666
Overall Rank
NVDU Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
NVDU Sortino Ratio Rank: 7474
Sortino Ratio Rank
NVDU Omega Ratio Rank: 6464
Omega Ratio Rank
NVDU Calmar Ratio Rank: 7878
Calmar Ratio Rank
NVDU Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and compare them to a chosen benchmark (S&P 500 Index).


NVDUBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.16

0.90

+0.26

Sortino ratio

Return per unit of downside risk

1.92

1.39

+0.53

Omega ratio

Gain probability vs. loss probability

1.24

1.21

+0.03

Calmar ratio

Return relative to maximum drawdown

2.16

1.40

+0.76

Martin ratio

Return relative to average drawdown

5.20

6.61

-1.40

Explore NVDU risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Direxion Daily NVDA Bull 2X Shares ETF provided a 7.04% dividend yield over the last twelve months, with an annual payout of $6.79 per share.


0.00%5.00%10.00%15.00%$0.00$5.00$10.00$15.00202320242025
Dividends
Dividend Yield
PeriodTTM202520242023
Dividend$6.79$6.68$15.77$0.18

Dividend yield

7.04%5.68%16.85%0.63%

Monthly Dividends

The table displays the monthly dividend distributions for Direxion Daily NVDA Bull 2X Shares ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.53$0.53
2025$0.00$0.00$0.42$0.00$0.00$0.61$0.00$0.00$0.50$0.00$0.00$5.16$6.68
2024$0.00$0.00$0.26$0.00$0.00$0.48$0.00$0.00$0.50$0.00$0.00$14.53$15.77
2023$0.18$0.18

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


Loading graphics...

Worst Drawdowns

The table below displays the maximum drawdowns of the Direxion Daily NVDA Bull 2X Shares ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Direxion Daily NVDA Bull 2X Shares ETF was 67.27%, occurring on Apr 4, 2025. Recovery took 75 trading sessions.

The current Direxion Daily NVDA Bull 2X Shares ETF drawdown is 36.02%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-67.27%Nov 8, 2024100Apr 4, 202575Jul 24, 2025175
-51.13%Jun 20, 202434Aug 7, 202465Nov 7, 202499
-42.27%Oct 30, 2025103Mar 30, 2026
-35.98%Mar 26, 202418Apr 19, 202424May 23, 202442
-21.21%Oct 13, 202310Oct 26, 202311Nov 10, 202321

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading graphics...