BOEU vs. NVTX
BOEU (Direxion Daily BA Bull 2X Shares) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. BOEU charges 0.97%/yr vs 1.30%/yr for NVTX.
Performance
BOEU vs. NVTX - Performance Comparison
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Returns By Period
In the year-to-date period, BOEU achieves a -9.32% return, which is significantly lower than NVTX's 130.55% return.
BOEU
- 1D
- -2.20%
- 1M
- -2.98%
- YTD
- -9.32%
- 6M
- -10.52%
- 1Y
- -2.84%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVTX
- 1D
- -7.33%
- 1M
- -74.59%
- YTD
- 130.55%
- 6M
- 98.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BOEU vs. NVTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BOEU Direxion Daily BA Bull 2X Shares | -9.32% | -17.28% |
NVTX Tradr 2X Long NVTS Daily ETF | 130.55% | -11.25% |
Correlation
The correlation between BOEU and NVTX is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025 | 0.17 |
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Return for Risk
BOEU vs. NVTX — Risk / Return Rank
BOEU
NVTX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BOEU vs. NVTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BA Bull 2X Shares (BOEU) and Tradr 2X Long NVTS Daily ETF (NVTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BOEU | NVTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.05 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | — | — |
| Martin ratioReturn relative to average drawdown | -0.12 | — | — |
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Drawdowns
BOEU vs. NVTX - Drawdown Comparison
The maximum BOEU drawdown since its inception was -46.03%, smaller than the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for BOEU and NVTX.
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Drawdown Indicators
| BOEU | NVTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.03% | -89.20% | +43.17% |
Max Drawdown (1Y)Largest decline over 1 year | -46.03% | — | — |
Current DrawdownCurrent decline from peak | -31.87% | -74.59% | +42.72% |
Average DrawdownAverage peak-to-trough decline | -17.63% | -60.03% | +42.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 23.28% | — | — |
Volatility
BOEU vs. NVTX - Volatility Comparison
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Volatility by Period
| BOEU | NVTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 21.63% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 46.88% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 64.40% | 267.00% | -202.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 62.50% | 267.00% | -204.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 62.50% | 267.00% | -204.50% |
BOEU vs. NVTX - Expense Ratio Comparison
BOEU has a 0.97% expense ratio, which is lower than NVTX's 1.30% expense ratio.
Dividends
BOEU vs. NVTX - Dividend Comparison
BOEU's dividend yield for the trailing twelve months is around 2.23%, less than NVTX's 7.39% yield.
| Position | TTM | 2025 |
|---|---|---|
BOEU Direxion Daily BA Bull 2X Shares | 2.23% | 1.44% |
NVTX Tradr 2X Long NVTS Daily ETF | 7.39% | 17.05% |
Frequently Asked Questions
BOEU and NVTX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BOEU is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BOEU is cheaper with a 0.97% expense ratio, compared with 1.30% for NVTX.
NVTX has the higher dividend yield at 7.39%, compared with 2.23% for BOEU.
They also come from different issuers: Direxion and Tradr. Their fees differ too: 0.97% for BOEU and 1.30% for NVTX.
Find the right allocation for BOEU and NVTX
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