CRWU vs. NVDQ

Last updated Jul 11, 2026

CRWU (T-REX 2X Long CRWV Daily Target ETF) and NVDQ (T-Rex 2X Inverse NVIDIA Daily Target ETF) are both exchange-traded funds - CRWU is a Leveraged Equities fund actively managed by T-Rex, while NVDQ is a Inverse Equities fund actively managed by T-Rex. Both are actively managed. At a correlation of -0.46, they often move in opposite directions. CRWU charges 1.50%/yr vs 1.05%/yr for NVDQ.

Performance

CRWU vs. NVDQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long CRWV Daily Target ETF (CRWU) and T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CRWU achieves a -7.75% return, which is significantly higher than NVDQ's -36.85% return.

CRWU

• 1D: -2.11%
• 1M: -27.16%
• 6M: -25.28%
• YTD: -7.75%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDQ

• 1D: -7.98%
• 1M: -8.38%
• 6M: -37.88%
• YTD: -36.85%
• 1Y: -57.10%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRWU vs. NVDQ - Yearly Performance Comparison

	2026 (YTD)	2025
CRWU T-REX 2X Long CRWV Daily Target ETF	-7.75%	-77.60%
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF	-36.85%	-24.12%

Correlation

The correlation between CRWU and NVDQ is -0.46, 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 Jul 25, 2025	-0.46

Return for Risk

CRWU vs. NVDQ — Risk / Return Rank

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

CRWU

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

NVDQ

NVDQ Risk / Return Rank: 2
NVDQ Sharpe Ratio Rank: 3
NVDQ Sortino Ratio Rank: 3
NVDQ Omega Ratio Rank: 3
NVDQ Calmar Ratio Rank: 1
NVDQ Martin Ratio Rank: 1

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.

CRWU vs. NVDQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long CRWV Daily Target ETF (CRWU) and T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ). 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.

	CRWU	NVDQ	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.82	—
Sortino ratio: Return per unit of downside risk	—	-1.17	—
Omega ratio: Gain probability vs. loss probability	—	0.87	—
Calmar ratio: Return relative to maximum drawdown	—	-0.91	—
Martin ratio: Return relative to average drawdown	—	-1.60	—

Drawdowns

CRWU vs. NVDQ - Drawdown Comparison

The maximum CRWU drawdown since its inception was -89.37%, smaller than the maximum NVDQ drawdown of -99.45%. Use the drawdown chart below to compare losses from any high point for CRWU and NVDQ.

Drawdown Indicators

	CRWU	NVDQ	Difference
Max Drawdown Largest peak-to-trough decline	-89.37%	-99.45%	+10.08%
Max Drawdown (1Y) Largest decline over 1 year	—	-63.49%	—
Current Drawdown Current decline from peak	-86.23%	-99.36%	+13.13%
Average Drawdown Average peak-to-trough decline	-67.04%	-88.48%	+21.44%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	35.97%	—

Volatility

Volatility by Period

	CRWU	NVDQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	21.80%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.88%	—
Volatility (1Y) Calculated over the trailing 1-year period	189.23%	70.54%	+118.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	189.23%	94.96%	+94.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	189.23%	94.96%	+94.27%

CRWU vs. NVDQ - Expense Ratio Comparison

CRWU has a 1.50% expense ratio, which is higher than NVDQ's 1.05% expense ratio.

Dividends

CRWU vs. NVDQ - Dividend Comparison

CRWU's dividend yield for the trailing twelve months is around 9.23%, more than NVDQ's 0.41% yield.

Position	TTM	2025	2024	2023
CRWU T-REX 2X Long CRWV Daily Target ETF	9.23%	8.51%	0.00%	0.00%
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF	0.41%	0.26%	4.59%	11.60%

Frequently Asked Questions

Can I hold both CRWU and NVDQ in my portfolio?

CRWU and NVDQ have a correlation of -0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRWU or NVDQ?

On fees, NVDQ is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CRWU or NVDQ?

NVDQ is cheaper with a 1.05% expense ratio, compared with 1.50% for CRWU.

Which ETF pays a higher dividend yield, CRWU or NVDQ?

CRWU has the higher dividend yield at 9.23%, compared with 0.41% for NVDQ.

What is the main difference between CRWU and NVDQ?

CRWU is categorized as Leveraged Equities, while NVDQ is Inverse Equities. Their fees differ too: 1.50% for CRWU and 1.05% for NVDQ.