CLSZ vs. NVTX

Last updated Jun 6, 2026

CLSZ (Tradr 2X Short CLSK Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both exchange-traded funds - CLSZ is a Inverse Equities fund tracking the CleanSpark, Inc. (CLSK), while NVTX is a Leveraged Equities fund actively managed by Tradr. CLSZ is passively managed, while NVTX is actively managed. At a correlation of -0.36, they often move in opposite directions. CLSZ charges 1.49%/yr vs 1.30%/yr for NVTX.

Performance

CLSZ vs. NVTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Short CLSK Daily ETF (CLSZ) and Tradr 2X Long NVTS Daily ETF (NVTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

CLSZ

• 1D: 13.82%
• 1M: -26.48%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -36.75%
• 1M: 69.29%
• YTD: 407.23%
• 6M: 174.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CLSZ vs. NVTX - Yearly Performance Comparison

	2026 (YTD)
CLSZ Tradr 2X Short CLSK Daily ETF	-78.94%
NVTX Tradr 2X Long NVTS Daily ETF	389.65%

Correlation

The correlation between CLSZ and NVTX is -0.36, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 20, 2026	-0.36

Return for Risk

CLSZ vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short CLSK Daily ETF (CLSZ) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	CLSZ	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	2.50	-3.17

Drawdowns

CLSZ vs. NVTX - Drawdown Comparison

The maximum CLSZ drawdown since its inception was -87.06%, roughly equal to the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for CLSZ and NVTX.

Drawdown Indicators

	CLSZ	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-87.06%	-89.20%	+2.14%
Current Drawdown Current decline from peak	-81.64%	-44.09%	-37.55%
Average Drawdown Average peak-to-trough decline	-44.24%	-60.50%	+16.26%

Volatility

Volatility by Period

	CLSZ	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	148.64%	269.33%	-120.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.64%	269.33%	-120.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.64%	269.33%	-120.69%

CLSZ vs. NVTX - Expense Ratio Comparison

CLSZ has a 1.49% expense ratio, which is higher than NVTX's 1.30% expense ratio.

Dividends

CLSZ vs. NVTX - Dividend Comparison

CLSZ has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 3.36%.

Position	TTM	2025
CLSZ Tradr 2X Short CLSK Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	3.36%	17.05%

Frequently Asked Questions

Can I hold both CLSZ and NVTX in my portfolio?

CLSZ and NVTX have a correlation of -0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CLSZ or NVTX?

On fees, NVTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CLSZ or NVTX?

NVTX is cheaper with a 1.30% expense ratio, compared with 1.49% for CLSZ.

Which ETF pays a higher dividend yield, CLSZ or NVTX?

NVTX has the higher dividend yield at 3.36%, compared with 0.00% for CLSZ.

What is the main difference between CLSZ and NVTX?

CLSZ is categorized as Inverse Equities, while NVTX is Leveraged Equities. Their fees differ too: 1.49% for CLSZ and 1.30% for NVTX.