ETHU vs. NVDX
Compare and contrast key facts about Volatility Shares 2x Ether ETF (ETHU) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX).
ETHU and NVDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ETHU is an actively managed fund by Volatility Shares. It was launched on Nov 1, 2023. NVDX is an actively managed fund by REX Shares. It was launched on Oct 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ETHU or NVDX.
Correlation
The correlation between ETHU and NVDX is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ETHU vs. NVDX - Performance Comparison
Key characteristics
ETHU:
141.26%
NVDX:
112.99%
ETHU:
-88.48%
NVDX:
-57.25%
ETHU:
-87.41%
NVDX:
-55.82%
Returns By Period
In the year-to-date period, ETHU achieves a -74.09% return, which is significantly lower than NVDX's -42.86% return.
ETHU
-74.09%
-24.00%
-57.28%
N/A
N/A
N/A
NVDX
-42.86%
-10.11%
-32.31%
-7.69%
N/A
N/A
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ETHU vs. NVDX - Expense Ratio Comparison
ETHU has a 0.94% expense ratio, which is lower than NVDX's 1.05% expense ratio.
Risk-Adjusted Performance
ETHU vs. NVDX — Risk-Adjusted Performance Rank
ETHU
NVDX
ETHU vs. NVDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares 2x Ether ETF (ETHU) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX). 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.
Not enough dataDividends
ETHU vs. NVDX - Dividend Comparison
ETHU's dividend yield for the trailing twelve months is around 3.04%, less than NVDX's 27.10% yield.
| TTM | 2024 | |
|---|---|---|
ETHU Volatility Shares 2x Ether ETF | 3.04% | 0.42% |
NVDX T-REX 2X Long NVIDIA Daily Target ETF | 27.10% | 15.49% |
Drawdowns
ETHU vs. NVDX - Drawdown Comparison
The maximum ETHU drawdown since its inception was -88.48%, which is greater than NVDX's maximum drawdown of -57.25%. Use the drawdown chart below to compare losses from any high point for ETHU and NVDX. For additional features, visit the drawdowns tool.
Volatility
ETHU vs. NVDX - Volatility Comparison
Volatility Shares 2x Ether ETF (ETHU) has a higher volatility of 44.61% compared to T-REX 2X Long NVIDIA Daily Target ETF (NVDX) at 29.33%. This indicates that ETHU's price experiences larger fluctuations and is considered to be riskier than NVDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.