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AAPX vs. NVDL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between AAPX and NVDL is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.6

Performance

AAPX vs. NVDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Apple Daily Target ETF (AAPX) and GraniteShares 2x Long NVDA Daily ETF (NVDL). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
-2.39%
93.24%
AAPX
NVDL

Key characteristics

Sharpe Ratio

AAPX:

0.43

NVDL:

0.06

Sortino Ratio

AAPX:

1.04

NVDL:

0.95

Omega Ratio

AAPX:

1.15

NVDL:

1.12

Calmar Ratio

AAPX:

0.48

NVDL:

0.10

Martin Ratio

AAPX:

1.57

NVDL:

0.23

Ulcer Index

AAPX:

17.98%

NVDL:

30.79%

Daily Std Dev

AAPX:

65.05%

NVDL:

119.27%

Max Drawdown

AAPX:

-58.55%

NVDL:

-67.55%

Current Drawdown

AAPX:

-41.91%

NVDL:

-60.80%

Returns By Period

In the year-to-date period, AAPX achieves a -37.70% return, which is significantly higher than NVDL's -49.66% return.


AAPX

YTD

-37.70%

1M

-18.48%

6M

-27.69%

1Y

23.37%

5Y*

N/A

10Y*

N/A

NVDL

YTD

-49.66%

1M

-27.82%

6M

-56.11%

1Y

6.94%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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AAPX vs. NVDL - Expense Ratio Comparison

AAPX has a 1.05% expense ratio, which is lower than NVDL's 1.15% expense ratio.


Expense ratio chart for NVDL: current value is 1.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NVDL: 1.15%
Expense ratio chart for AAPX: current value is 1.05%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
AAPX: 1.05%

Risk-Adjusted Performance

AAPX vs. NVDL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAPX
The Risk-Adjusted Performance Rank of AAPX is 6161
Overall Rank
The Sharpe Ratio Rank of AAPX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of AAPX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of AAPX is 6969
Omega Ratio Rank
The Calmar Ratio Rank of AAPX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of AAPX is 5353
Martin Ratio Rank

NVDL
The Risk-Adjusted Performance Rank of NVDL is 4343
Overall Rank
The Sharpe Ratio Rank of NVDL is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDL is 6666
Sortino Ratio Rank
The Omega Ratio Rank of NVDL is 6161
Omega Ratio Rank
The Calmar Ratio Rank of NVDL is 3333
Calmar Ratio Rank
The Martin Ratio Rank of NVDL is 2929
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

AAPX vs. NVDL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Apple Daily Target ETF (AAPX) and GraniteShares 2x Long NVDA Daily ETF (NVDL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The chart of Sharpe ratio for AAPX, currently valued at 0.43, compared to the broader market-1.000.001.002.003.004.00
AAPX: 0.43
NVDL: 0.06
The chart of Sortino ratio for AAPX, currently valued at 1.04, compared to the broader market-2.000.002.004.006.008.00
AAPX: 1.04
NVDL: 0.95
The chart of Omega ratio for AAPX, currently valued at 1.15, compared to the broader market0.501.001.502.00
AAPX: 1.15
NVDL: 1.12
The chart of Calmar ratio for AAPX, currently valued at 0.48, compared to the broader market0.002.004.006.008.0010.0012.00
AAPX: 0.48
NVDL: 0.10
The chart of Martin ratio for AAPX, currently valued at 1.57, compared to the broader market0.0020.0040.0060.00
AAPX: 1.57
NVDL: 0.23

The current AAPX Sharpe Ratio is 0.43, which is higher than the NVDL Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of AAPX and NVDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00Jan 19Jan 26Feb 02Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.43
0.06
AAPX
NVDL

Dividends

AAPX vs. NVDL - Dividend Comparison

AAPX's dividend yield for the trailing twelve months is around 34.44%, while NVDL has not paid dividends to shareholders.


TTM20242023
AAPX
T-Rex 2X Long Apple Daily Target ETF
34.44%21.46%0.00%
NVDL
GraniteShares 2x Long NVDA Daily ETF
0.00%0.00%11.29%

Drawdowns

AAPX vs. NVDL - Drawdown Comparison

The maximum AAPX drawdown since its inception was -58.55%, smaller than the maximum NVDL drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for AAPX and NVDL. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-41.91%
-60.80%
AAPX
NVDL

Volatility

AAPX vs. NVDL - Volatility Comparison

The current volatility for T-Rex 2X Long Apple Daily Target ETF (AAPX) is 44.37%, while GraniteShares 2x Long NVDA Daily ETF (NVDL) has a volatility of 49.22%. This indicates that AAPX experiences smaller price fluctuations and is considered to be less risky than NVDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
44.37%
49.22%
AAPX
NVDL