T-REX 2X Long NVIDIA Daily Target ETF (NVDX) Alternatives
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVDX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NVDX
NVDX charges 1.05% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among NVDX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | NVDX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | NVDX vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | NVDX vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | NVDX vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | NVDX vs TSLG |
Best Risk-Adjusted Alternatives to NVDX
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | NVDX vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | NVDX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | NVDX vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | NVDX vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | NVDX vs TSMX |
Top Performing NVDX Alternatives (YTD)
NVDX alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | NVDX vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | NVDX vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | NVDX vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | NVDX vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | NVDX vs DIG |
Lowest Volatility Alternatives to NVDX
NVDX alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | NVDX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | NVDX vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | NVDX vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | NVDX vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | NVDX vs XTJL |
Lowest Drawdown Alternatives to NVDX
NVDX alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | NVDX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | NVDX vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | NVDX vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | NVDX vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | NVDX vs XTJL |
Other ETFs from REX
Most popular REX ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| REX FANG & Innovation Equity Premium Income ETF | Technology Equities | 65 | -7.19% | Oct 11, 2023 | NVDX vs FEPI | |
| REX AI Equity Premium Income ETF | Derivative Income | 52 | -8.25% | Jun 3, 2024 | NVDX vs AIPI | |
| REX NVDA Growth & Income ETF | Derivative Income | — | -4.80% | May 27, 2025 | NVDX vs NVII | |
| REX TSLA Growth & Income ETF | Leveraged Equities, Derivative Income | — | -14.56% | Jun 4, 2025 | NVDX vs TSII | |
| REX Crypto Equity Premium Income ETF | Cryptocurrency | 33 | -5.89% | Dec 4, 2024 | NVDX vs CEPI | |
| T-REX 2X Long BMNR Daily Target ETF | Leveraged Equities | — | -63.08% | Sep 26, 2025 | NVDX vs BMNU | |
| T-REX 2X Long Bitcoin Daily Target ETF | Leveraged, Leveraged Cryptocurrency | 3 | -47.24% | Jul 9, 2024 | NVDX vs BTCL | |
| REX MSTR Growth & Income ETF | Leveraged Equities, Derivative Income | — | -16.31% | Jun 4, 2025 | NVDX vs MSII | |
| REX Drone ETF | Aerospace & Defense | — | 9.89% | Oct 29, 2025 | NVDX vs DRNZ | |
| T-REX 2X Inverse MSTR Daily Target ETF | Inverse Equities, Leveraged Equities | 20 | -27.23% | Sep 17, 2024 | NVDX vs MSTZ |
Often Compared With NVDX
What investors most often compare with NVDX, based on PortfoliosLab usage data.
Compare NVDX with Any Fund or Stock
Compare NVDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.