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 a closer substitute for your current allocation.
Cheapest Alternatives to NVDX
NVDX charges 1.05% annually. There are 252 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | NVDX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | NVDX vs IFED | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | NVDX vs BRKL | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | NVDX vs SPUU | |
| Leverage Shares 2X Long OKTA Daily ETF | 0.75% | 2.54M | Nov 2025 | NVDX vs OKTG |
Best Risk-Adjusted Alternatives to NVDX
NVDX has a PortfoliosLab risk / return rank of 12. There are 147 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | NVDX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | NVDX vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | NVDX vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | NVDX vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | NVDX vs QTAP |
Top Performing NVDX Alternatives (YTD)
NVDX is at -2.69% YTD. There are 174 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 615.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 615.57% | 101.24M | Feb 2025 | NVDX vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 372.51% | 3.86B | Oct 2024 | NVDX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 359.36% | 531.06M | Nov 2024 | NVDX vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 259.95% | 63.06M | Nov 2025 | NVDX vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 259.86% | 282.58M | Feb 2025 | NVDX vs INTW |
Lowest Volatility Alternatives to NVDX
NVDX has 72.80% 1-year volatility. There are 194 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.93% | 22.69M | Apr 2021 | NVDX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | NVDX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | NVDX vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.98% | 69.34M | Apr 2021 | NVDX vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.72% | 19.11M | Jul 2021 | NVDX vs QTJL |
Lowest Drawdown Alternatives to NVDX
NVDX has a 1-year max drawdown of -43.76%. There are 127 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | NVDX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | NVDX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | NVDX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | NVDX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | NVDX vs XDSQ |
Other ETFs from REX
The 10 most viewed REX ETFs shown here include FEPI, AIPI, NVII and span 7 categories. AUM among these funds goes as high as $651M.
Often Compared With NVDX
Investors most often compare NVDX with NVDL, NVDA, SOXL. These 19 comparison targets span 10 categories, 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.
Pair NVDX with funds that move differently
T-REX 2X Long NVIDIA Daily Target ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVDX.
Explore NVDX Diversifiers