CEPI vs. NVII

Last updated Jun 4, 2026

CEPI (REX Crypto Equity Premium Income ETF) and NVII (REX NVDA Growth & Income ETF) are both exchange-traded funds - CEPI is a Cryptocurrency fund actively managed by REX, while NVII is a Derivative Income fund actively managed by REX. Both are actively managed. Over the past year, CEPI returned 34.07% vs 62.33% for NVII. A 0.51 correlation means they provide meaningful diversification when combined. CEPI charges 0.85%/yr vs 0.99%/yr for NVII.

Performance

CEPI vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Crypto Equity Premium Income ETF (CEPI) and REX NVDA Growth & Income ETF (NVII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CEPI achieves a 20.71% return, which is significantly higher than NVII's 15.50% return.

CEPI

• 1D: -1.35%
• 1M: 7.21%
• YTD: 20.71%
• 6M: 18.40%
• 1Y: 34.07%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CEPI vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
CEPI REX Crypto Equity Premium Income ETF	20.71%	13.88%
NVII REX NVDA Growth & Income ETF	15.50%	48.28%

Correlation

The correlation between CEPI and NVII is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (All Time) Calculated using the full available price history since May 29, 2025	0.51

The correlation between CEPI and NVII has been stable across timeframes, ranging from 0.51 to 0.51 - a consistent structural relationship.

Return for Risk

CEPI vs. NVII — Risk / Return Rank

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

CEPI

CEPI Risk / Return Rank: 32
CEPI Sharpe Ratio Rank: 35
CEPI Sortino Ratio Rank: 33
CEPI Omega Ratio Rank: 36
CEPI Calmar Ratio Rank: 31
CEPI Martin Ratio Rank: 26

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CEPI vs. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX Crypto Equity Premium Income ETF (CEPI) and REX NVDA Growth & Income ETF (NVII). 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.

	CEPI	NVII	Difference
Sharpe ratio: Return per unit of total volatility	1.28	1.83	-0.54
Sortino ratio: Return per unit of downside risk	1.78	2.35	-0.57
Omega ratio: Gain probability vs. loss probability	1.24	1.30	-0.05
Calmar ratio: Return relative to maximum drawdown	1.52	3.39	-1.87
Martin ratio: Return relative to average drawdown	3.62	8.64	-5.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CEPI vs. NVII - Sharpe Ratio Comparison

The current CEPI Sharpe Ratio is 1.28, which is comparable to the NVII Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of CEPI and NVII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CEPI	NVII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.28	1.83	-0.54
Sharpe Ratio (All Time) Calculated using the full available price history	0.45	2.04	-1.59

Drawdowns

CEPI vs. NVII - Drawdown Comparison

The maximum CEPI drawdown since its inception was -29.48%, which is greater than NVII's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for CEPI and NVII.

Drawdown Indicators

	CEPI	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-29.48%	-18.47%	-11.01%
Max Drawdown (1Y) Largest decline over 1 year	-22.47%	-18.47%	-4.00%
Current Drawdown Current decline from peak	-2.08%	-8.54%	+6.46%
Average Drawdown Average peak-to-trough decline	-8.65%	-5.50%	-3.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.43%	7.24%	+2.19%

Volatility

CEPI vs. NVII - Volatility Comparison

The current volatility for REX Crypto Equity Premium Income ETF (CEPI) is 5.92%, while REX NVDA Growth & Income ETF (NVII) has a volatility of 12.22%. This indicates that CEPI experiences smaller price fluctuations and is considered to be less risky than NVII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CEPI	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	12.22%	-6.30%
Volatility (6M) Calculated over the trailing 6-month period	20.94%	25.24%	-4.30%
Volatility (1Y) Calculated over the trailing 1-year period	26.79%	34.40%	-7.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.57%	34.54%	-2.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.57%	34.54%	-2.97%

CEPI vs. NVII - Expense Ratio Comparison

CEPI has a 0.85% expense ratio, which is lower than NVII's 0.99% expense ratio.

Dividends

CEPI vs. NVII - Dividend Comparison

CEPI's dividend yield for the trailing twelve months is around 42.71%, less than NVII's 51.55% yield.

Position	TTM	2025
CEPI REX Crypto Equity Premium Income ETF	42.71%	50.78%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%

Frequently Asked Questions

Can I hold both CEPI and NVII in my portfolio?

CEPI and NVII have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CEPI or NVII?

NVII has higher volatility (12.22%) compared to CEPI (5.92%). In terms of maximum drawdown, CEPI dropped -29.48% vs NVII's -18.47%.

Which ETF is better, CEPI or NVII?

On 1-year performance, NVII leads with 62.33% vs 34.07% for CEPI. On fees, CEPI is cheaper at 0.85% per year. On volatility, CEPI has been the lower-risk option at 5.92%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CEPI or NVII?

Over the 1-year period, NVII has performed better with a 62.33% return vs 34.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CEPI or NVII?

CEPI is cheaper with a 0.85% expense ratio, compared with 0.99% for NVII.

Which ETF pays a higher dividend yield, CEPI or NVII?

NVII has the higher dividend yield at 51.55%, compared with 42.71% for CEPI.

What is the main difference between CEPI and NVII?

CEPI is categorized as Cryptocurrency, while NVII is Derivative Income. Their fees differ too: 0.85% for CEPI and 0.99% for NVII.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (1.83 vs 1.28), 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.