FDRX vs. NVTX

Last updated Jun 5, 2026

FDRX (Founder-Led 2X Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. FDRX is passively managed, while NVTX is actively managed. At a 0.40 correlation, their price movements are largely independent. FDRX charges 1.08%/yr vs 1.30%/yr for NVTX.

Performance

FDRX vs. NVTX - Performance Comparison

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

Returns By Period

FDRX

• 1D: 1.80%
• 1M: 19.35%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -0.92%
• 1M: 141.56%
• YTD: 701.89%
• 6M: 336.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDRX vs. NVTX - Yearly Performance Comparison

	2026 (YTD)
FDRX Founder-Led 2X Daily ETF	-2.60%
NVTX Tradr 2X Long NVTS Daily ETF	329.93%

Correlation

The correlation between FDRX 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 Jan 16, 2026	0.40

Return for Risk

FDRX vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Founder-Led 2X Daily ETF (FDRX) 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

	FDRX	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.12	5.10	-5.22

Drawdowns

FDRX vs. NVTX - Drawdown Comparison

The maximum FDRX drawdown since its inception was -38.44%, smaller than the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for FDRX and NVTX.

Drawdown Indicators

	FDRX	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-38.44%	-89.20%	+50.76%
Current Drawdown Current decline from peak	-6.56%	-11.61%	+5.05%
Average Drawdown Average peak-to-trough decline	-18.80%	-60.59%	+41.79%

Volatility

Volatility by Period

	FDRX	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	57.69%	266.18%	-208.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.69%	266.18%	-208.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	57.69%	266.18%	-208.49%

FDRX vs. NVTX - Expense Ratio Comparison

FDRX has a 1.08% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

FDRX vs. NVTX - Dividend Comparison

FDRX has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 2.13%.

Position	TTM	2025
FDRX Founder-Led 2X Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	2.13%	17.05%

Frequently Asked Questions

Can I hold both FDRX and NVTX in my portfolio?

FDRX 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, FDRX or NVTX?

On fees, FDRX is cheaper at 1.08% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDRX or NVTX?

FDRX is cheaper with a 1.08% expense ratio, compared with 1.30% for NVTX.

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

NVTX has the higher dividend yield at 2.13%, compared with 0.00% for FDRX.

What is the main difference between FDRX and NVTX?

They also come from different issuers: Corgi Strategies and Tradr. Their fees differ too: 1.08% for FDRX and 1.30% for NVTX.