PortfoliosLab logo
PortfoliosLab logo
Tools
Portfolios
Screeners
Discussions
GOOX vs. NVDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GOOX and NVDX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

GOOX vs. NVDX

Last updated Jun 3, 2025

Compare and contrast key facts about T-Rex 2X Long Alphabet Daily Target ETF (GOOX) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX).

GOOX and NVDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GOOX is an actively managed fund by T-Rex. It was launched on Jan 10, 2024. 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: GOOX or NVDX.

Performance

GOOX vs. NVDX - Performance Comparison

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

Loading data...

Key characteristics

Sharpe Ratio

GOOX:

-0.34

NVDX:

-0.06

Sortino Ratio

GOOX:

-0.18

NVDX:

0.65

Omega Ratio

GOOX:

0.98

NVDX:

1.08

Calmar Ratio

GOOX:

-0.47

NVDX:

-0.22

Martin Ratio

GOOX:

-0.88

NVDX:

-0.44

Ulcer Index

GOOX:

28.15%

NVDX:

34.74%

Daily Std Dev

GOOX:

63.29%

NVDX:

117.86%

Max Drawdown

GOOX:

-52.46%

NVDX:

-68.19%

Current Drawdown

GOOX:

-38.63%

NVDX:

-38.09%

Returns By Period

In the year-to-date period, GOOX achieves a -27.84% return, which is significantly lower than NVDX's -19.93% return.

GOOX

YTD

-27.84%

1M

2.89%

6M

-13.83%

1Y

-21.36%

3Y*

N/A

5Y*

N/A

10Y*

N/A

NVDX

YTD

-19.93%

1M

40.65%

6M

-26.70%

1Y

-7.09%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

T-Rex 2X Long Alphabet Daily Target ETF

T-REX 2X Long NVIDIA Daily Target ETF

GOOX vs. NVDX - Expense Ratio Comparison

Both GOOX and NVDX have an expense ratio of 1.05%.

GOOX
T-Rex 2X Long Alphabet Daily Target ETF
NVDX
T-REX 2X Long NVIDIA Daily Target ETF
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

GOOX vs. NVDX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
GOOX
The Risk-Adjusted Performance Rank of GOOX is 66
Overall Rank
The Sharpe Ratio Rank of GOOX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of GOOX is 88
Sortino Ratio Rank
The Omega Ratio Rank of GOOX is 99
Omega Ratio Rank
The Calmar Ratio Rank of GOOX is 22
Calmar Ratio Rank
The Martin Ratio Rank of GOOX is 66
Martin Ratio Rank
NVDX
The Risk-Adjusted Performance Rank of NVDX is 1919
Overall Rank
The Sharpe Ratio Rank of NVDX is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDX is 3535
Sortino Ratio Rank
The Omega Ratio Rank of NVDX is 3232
Omega Ratio Rank
The Calmar Ratio Rank of NVDX is 77
Calmar Ratio Rank
The Martin Ratio Rank of NVDX is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GOOX vs. NVDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Alphabet Daily Target ETF (GOOX) 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.

The current GOOX Sharpe Ratio is -0.34, which is lower than the NVDX Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of GOOX and NVDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading data...

Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

GOOX vs. NVDX - Dividend Comparison

GOOX's dividend yield for the trailing twelve months is around 23.25%, more than NVDX's 19.34% yield.

TTM2024
GOOX
T-Rex 2X Long Alphabet Daily Target ETF		23.25%16.78%
NVDX
T-REX 2X Long NVIDIA Daily Target ETF		19.34%15.49%

Drawdowns

GOOX vs. NVDX - Drawdown Comparison

The maximum GOOX drawdown since its inception was -52.46%, smaller than the maximum NVDX drawdown of -68.19%. Use the drawdown chart below to compare losses from any high point for GOOX and NVDX.

Loading data...

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

GOOX vs. NVDX - Volatility Comparison

T-Rex 2X Long Alphabet Daily Target ETF (GOOX) has a higher volatility of 22.60% compared to T-REX 2X Long NVIDIA Daily Target ETF (NVDX) at 21.48%. This indicates that GOOX'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.

Loading data...