COIA vs. NVTX

Last updated Jun 24, 2026

COIA (ProShares Ultra COIN) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. COIA is passively managed, while NVTX is actively managed. At a 0.40 correlation, their price movements are largely independent. COIA charges 1.06%/yr vs 1.30%/yr for NVTX.

Performance

COIA vs. NVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, COIA achieves a -66.12% return, which is significantly lower than NVTX's 250.82% return.

COIA

• 1D: -8.21%
• 1M: -30.46%
• YTD: -66.12%
• 6M: -70.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -19.51%
• 1M: -54.78%
• YTD: 250.82%
• 6M: 201.42%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIA vs. NVTX - Yearly Performance Comparison

	2026 (YTD)	2025
COIA ProShares Ultra COIN	-66.12%	-58.83%
NVTX Tradr 2X Long NVTS Daily ETF	250.82%	-10.97%

Correlation

The correlation between COIA and NVTX is 0.40, 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 10, 2025	0.40

Return for Risk

COIA vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra COIN (COIA) 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.

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

Drawdowns

COIA vs. NVTX - Drawdown Comparison

The maximum COIA drawdown since its inception was -90.45%, roughly equal to the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for COIA and NVTX.

Drawdown Indicators

	COIA	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-90.45%	-89.20%	-1.25%
Current Drawdown Current decline from peak	-89.97%	-61.33%	-28.64%
Average Drawdown Average peak-to-trough decline	-63.40%	-59.89%	-3.51%

Volatility

Volatility by Period

	COIA	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	139.95%	265.87%	-125.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	139.95%	265.87%	-125.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	139.95%	265.87%	-125.92%

COIA vs. NVTX - Expense Ratio Comparison

COIA has a 1.06% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

COIA vs. NVTX - Dividend Comparison

COIA's dividend yield for the trailing twelve months is around 5.27%, more than NVTX's 4.86% yield.

Position	TTM	2025
COIA ProShares Ultra COIN	5.27%	1.10%
NVTX Tradr 2X Long NVTS Daily ETF	4.86%	17.05%

Frequently Asked Questions

Can I hold both COIA and NVTX in my portfolio?

COIA and NVTX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COIA or NVTX?

On fees, COIA is cheaper at 1.06% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COIA or NVTX?

COIA is cheaper with a 1.06% expense ratio, compared with 1.30% for NVTX.

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

COIA has the higher dividend yield at 5.27%, compared with 4.86% for NVTX.

What is the main difference between COIA and NVTX?

They also come from different issuers: ProShares and Tradr. Their fees differ too: 1.06% for COIA and 1.30% for NVTX.