GOU vs. NVD
GOU (GraniteShares 2x Long GOOGL Daily ETF) and NVD (GraniteShares 2x Short NVDA Daily ETF) are both exchange-traded funds - GOU is a Leveraged Equities fund actively managed by GraniteShares, while NVD is a Inverse Equities fund actively managed by GraniteShares. Both are actively managed. At a correlation of -0.39, they often move in opposite directions. GOU charges 1.15%/yr vs 1.50%/yr for NVD.
Performance
GOU vs. NVD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOU achieves a 11.00% return, which is significantly higher than NVD's -26.99% return.
GOU
- 1D
- -1.95%
- 1M
- -19.65%
- YTD
- 11.00%
- 6M
- 9.65%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVD
- 1D
- 8.30%
- 1M
- 10.83%
- YTD
- -26.99%
- 6M
- -24.81%
- 1Y
- -61.62%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GOU vs. NVD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GOU GraniteShares 2x Long GOOGL Daily ETF | 11.00% | -4.00% |
NVD GraniteShares 2x Short NVDA Daily ETF | -26.99% | -8.19% |
Correlation
The correlation between GOU and NVD is -0.39, 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 Dec 2, 2025 | -0.39 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOU vs. NVD — Risk / Return Rank
GOU
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVD
GOU vs. NVD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long GOOGL Daily ETF (GOU) and GraniteShares 2x Short NVDA Daily ETF (NVD). 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.
| GOU | NVD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.85 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.89 | — |
| Martin ratioReturn relative to average drawdown | — | -1.39 | — |
Loading charts...
Drawdowns
GOU vs. NVD - Drawdown Comparison
The maximum GOU drawdown since its inception was -38.44%, smaller than the maximum NVD drawdown of -99.26%. Use the drawdown chart below to compare losses from any high point for GOU and NVD.
Loading charts...
Drawdown Indicators
| GOU | NVD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.44% | -99.26% | +60.82% |
Max Drawdown (1Y)Largest decline over 1 year | — | -69.44% | — |
Current DrawdownCurrent decline from peak | -27.59% | -99.02% | +71.43% |
Average DrawdownAverage peak-to-trough decline | -12.10% | -81.86% | +69.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 47.02% | — |
Volatility
GOU vs. NVD - Volatility Comparison
Loading charts...
Volatility by Period
| GOU | NVD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 26.72% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 54.57% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 59.94% | 71.22% | -11.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.94% | 92.58% | -32.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.94% | 92.58% | -32.64% |
GOU vs. NVD - Expense Ratio Comparison
GOU has a 1.15% expense ratio, which is lower than NVD's 1.50% expense ratio.
Dividends
GOU vs. NVD - Dividend Comparison
GOU has not paid dividends to shareholders, while NVD's dividend yield for the trailing twelve months is around 16.20%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
GOU GraniteShares 2x Long GOOGL Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% |
NVD GraniteShares 2x Short NVDA Daily ETF | 16.20% | 11.83% | 8.68% | 15.78% |
Frequently Asked Questions
GOU and NVD have a correlation of -0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, GOU is cheaper at 1.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.
GOU is cheaper with a 1.15% expense ratio, compared with 1.50% for NVD.
NVD has the higher dividend yield at 16.20%, compared with 0.00% for GOU.
GOU is categorized as Leveraged Equities, while NVD is Inverse Equities. Their fees differ too: 1.15% for GOU and 1.50% for NVD.
Find the right allocation for GOU and NVD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer