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T-REX 2X Long NVIDIA Daily Target ETF (NVDX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

ETF Info

CUSIP
26923N819
Issuer
REX
Inception Date
Oct 19, 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


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has returned -18.63% so far this year and 84.61% over the past 12 months.


T-REX 2X Long NVIDIA Daily Target ETF

1D
11.17%
1M
-5.43%
YTD
-18.63%
6M
-24.71%
1Y
84.61%
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 Oct 19, 2023, NVDX's average daily return is +0.50%, while the average monthly return is +9.01%. At this rate, your investment would double in approximately 0.7 years.

Historically, 57% of months were positive and 43% were negative. The best month was Feb 2024 with a return of +60.0%, while the worst month was Mar 2025 at -27.6%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.

On a daily basis, NVDX closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +36.3%, while the worst single day was Jan 27, 2025 at -33.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20263.33%-16.73%-5.43%-18.63%
2025-26.43%4.47%-27.60%-7.06%49.38%34.77%24.05%-5.81%12.16%14.82%-25.54%8.23%26.24%
202451.03%59.96%26.28%-12.33%55.96%22.61%-14.55%-1.94%-0.28%16.64%5.77%-8.20%384.03%
2023-7.15%29.80%10.06%32.65%

Benchmark Metrics

T-REX 2X Long NVIDIA Daily Target ETF has an annualized alpha of 58.47%, beta of 4.23, and R² of 0.46 versus S&P 500 Index. Calculated based on daily prices since October 20, 2023.

  • This ETF captured 732.59% of S&P 500 Index gains and 216.05% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • R² of 0.46 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
58.47%
Beta
4.23
0.46
Upside Capture
732.59%
Downside Capture
216.05%

Expense Ratio

NVDX has a high expense ratio of 1.05%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

NVDX ranks 60 for risk / return — better than 60% 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.


NVDX Risk / Return Rank: 6060
Overall Rank
NVDX Sharpe Ratio Rank: 5656
Sharpe Ratio Rank
NVDX Sortino Ratio Rank: 7070
Sortino Ratio Rank
NVDX Omega Ratio Rank: 5959
Omega Ratio Rank
NVDX Calmar Ratio Rank: 7070
Calmar Ratio Rank
NVDX Martin Ratio Rank: 4545
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 T-REX 2X Long NVIDIA Daily Target ETF (NVDX) and compare them to a chosen benchmark (S&P 500 Index).


NVDXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.03

0.90

+0.14

Sortino ratio

Return per unit of downside risk

1.81

1.39

+0.43

Omega ratio

Gain probability vs. loss probability

1.23

1.21

+0.02

Calmar ratio

Return relative to maximum drawdown

1.86

1.40

+0.46

Martin ratio

Return relative to average drawdown

4.48

6.61

-2.12

Explore NVDX risk-adjusted metrics in detail

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

Dividends

Dividend History

T-REX 2X Long NVIDIA Daily Target ETF provided a 4.12% dividend yield over the last twelve months, with an annual payout of $0.57 per share.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%$0.00$0.50$1.00$1.50$2.0020242025
Dividends
Dividend Yield
PeriodTTM20252024
Dividend$0.57$0.57$2.17

Dividend yield

4.12%3.35%15.48%

Monthly Dividends

The table displays the monthly dividend distributions for T-REX 2X Long NVIDIA Daily Target 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$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.57$0.57
2024$2.17$2.17

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the T-REX 2X Long NVIDIA Daily Target 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 T-REX 2X Long NVIDIA Daily Target ETF was 68.19%, occurring on Apr 4, 2025. Recovery took 79 trading sessions.

The current T-REX 2X Long NVIDIA Daily Target ETF drawdown is 37.47%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-68.19%Jun 20, 2024199Apr 4, 202579Jul 30, 2025278
-43.76%Oct 30, 2025103Mar 30, 2026
-37.65%Mar 26, 202418Apr 19, 202424May 23, 202442
-19.4%Nov 21, 20239Dec 4, 202323Jan 8, 202432
-18.07%Aug 13, 202517Sep 5, 202517Sep 30, 202534

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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