BBAI vs. NVDX
BBAI (BigBear.ai Holdings, Inc.) is a stock, while NVDX (T-REX 2X Long NVIDIA Daily Target ETF) is Leveraged Equities fund actively managed by REX. Over the past year, BBAI returned 11.95% vs 63.72% for NVDX. At a 0.30 correlation, their price movements are largely independent.
Performance
BBAI vs. NVDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBAI achieves a -20.19% return, which is significantly lower than NVDX's 10.05% return.
BBAI
- 1D
- 2.62%
- 1M
- 3.11%
- YTD
- -20.19%
- 6M
- -34.30%
- 1Y
- 11.95%
- 3Y*
- 28.32%
- 5Y*
- —
- 10Y*
- —
NVDX
- 1D
- 3.29%
- 1M
- -8.23%
- YTD
- 10.05%
- 6M
- 9.02%
- 1Y
- 63.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BBAI vs. NVDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BBAI BigBear.ai Holdings, Inc. | -20.19% | 21.35% | 107.94% | 57.35% |
NVDX T-REX 2X Long NVIDIA Daily Target ETF | 10.05% | 26.24% | 384.03% | 28.06% |
Correlation
The correlation between BBAI and NVDX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.30 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBAI vs. NVDX — Risk / Return Rank
BBAI
NVDX
BBAI vs. NVDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BigBear.ai Holdings, Inc. (BBAI) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX). 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.
| BBAI | NVDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.80 | ||
| Sortino ratioReturn per unit of downside risk | -0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 1.19 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.18 | 1.46 | -1.28 |
| Martin ratioReturn relative to average drawdown | 0.31 | 3.29 | -2.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BBAI | NVDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.12 | 0.92 | -0.80 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 1.37 | -1.45 |
Drawdowns
BBAI vs. NVDX - Drawdown Comparison
The maximum BBAI drawdown since its inception was -95.01%, which is greater than NVDX's maximum drawdown of -68.19%. Use the drawdown chart below to compare losses from any high point for BBAI and NVDX.
Loading charts...
Drawdown Indicators
| BBAI | NVDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -95.01% | -68.19% | -26.82% |
Max Drawdown (1Y)Largest decline over 1 year | -65.88% | -43.76% | -22.12% |
Max Drawdown (3Y)Largest decline over 3 years | -75.56% | — | — |
Current DrawdownCurrent decline from peak | -66.04% | -23.35% | -42.69% |
Average DrawdownAverage peak-to-trough decline | -70.87% | -20.28% | -50.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.69% | 19.42% | +19.27% |
Volatility
BBAI vs. NVDX - Volatility Comparison
The current volatility for BigBear.ai Holdings, Inc. (BBAI) is 24.69%, while T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a volatility of 26.28%. This indicates that BBAI experiences smaller price fluctuations and is considered to be less risky than NVDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBAI | NVDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.69% | 26.28% | -1.59% |
Volatility (6M)Calculated over the trailing 6-month period | 56.30% | 52.61% | +3.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 97.07% | 69.59% | +27.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 174.91% | 95.73% | +79.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 174.91% | 95.73% | +79.18% |
Dividends
BBAI vs. NVDX - Dividend Comparison
BBAI has not paid dividends to shareholders, while NVDX's dividend yield for the trailing twelve months is around 3.04%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
BBAI BigBear.ai Holdings, Inc. | 0.00% | 0.00% | 0.00% |
NVDX T-REX 2X Long NVIDIA Daily Target ETF | 3.04% | 3.35% | 15.48% |
Frequently Asked Questions
BBAI and NVDX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDX has higher volatility (26.28%) compared to BBAI (24.69%). In terms of maximum drawdown, BBAI dropped -95.01% vs NVDX's -68.19%.
NVDX currently has the higher Sharpe Ratio (0.92 vs 0.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BBAI and NVDX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer