GOU vs. NVTX

Last updated Jun 4, 2026

GOU (GraniteShares 2x Long GOOGL Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.17 correlation, their price movements are largely independent. GOU charges 1.15%/yr vs 1.30%/yr for NVTX.

Performance

GOU vs. NVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, GOU achieves a 21.48% return, which is significantly lower than NVTX's 709.31% return.

GOU

• 1D: -1.53%
• 1M: -12.95%
• YTD: 21.48%
• 6M: 15.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: 37.55%
• 1M: 188.72%
• YTD: 709.31%
• 6M: 416.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GOU vs. NVTX - Yearly Performance Comparison

	2026 (YTD)	2025
GOU GraniteShares 2x Long GOOGL Daily ETF	21.48%	-2.90%
NVTX Tradr 2X Long NVTS Daily ETF	709.31%	-30.11%

Correlation

The correlation between GOU and NVTX is 0.17, 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 Dec 3, 2025	0.17

Return for Risk

GOU vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long GOOGL Daily ETF (GOU) 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

	GOU	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	5.24	-4.57

Drawdowns

GOU vs. NVTX - Drawdown Comparison

The maximum GOU 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 GOU and NVTX.

Drawdown Indicators

	GOU	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-38.44%	-89.20%	+50.76%
Current Drawdown Current decline from peak	-20.75%	-10.79%	-9.96%
Average Drawdown Average peak-to-trough decline	-11.33%	-60.85%	+49.52%

Volatility

Volatility by Period

	GOU	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	59.23%	266.88%	-207.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.23%	266.88%	-207.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.23%	266.88%	-207.65%

GOU vs. NVTX - Expense Ratio Comparison

GOU has a 1.15% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

GOU vs. NVTX - Dividend Comparison

GOU has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 2.11%.

Position	TTM	2025
GOU GraniteShares 2x Long GOOGL Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	2.11%	17.05%

Frequently Asked Questions

Can I hold both GOU and NVTX in my portfolio?

GOU and NVTX have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GOU or NVTX?

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.

Which ETF is cheaper, GOU or NVTX?

GOU is cheaper with a 1.15% expense ratio, compared with 1.30% for NVTX.

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

NVTX has the higher dividend yield at 2.11%, compared with 0.00% for GOU.

What is the main difference between GOU and NVTX?

They also come from different issuers: GraniteShares and Tradr. Their fees differ too: 1.15% for GOU and 1.30% for NVTX.