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NVDX vs. MAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDX and MAGX is 0.68, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

NVDX vs. MAGX - Performance Comparison

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

0.00%50.00%100.00%150.00%NovemberDecember2025FebruaryMarchApril
-0.68%
12.94%
NVDX
MAGX

Key characteristics

Sharpe Ratio

NVDX:

0.04

MAGX:

0.37

Sortino Ratio

NVDX:

0.93

MAGX:

0.96

Omega Ratio

NVDX:

1.12

MAGX:

1.13

Calmar Ratio

NVDX:

0.07

MAGX:

0.45

Martin Ratio

NVDX:

0.15

MAGX:

1.20

Ulcer Index

NVDX:

31.10%

MAGX:

20.21%

Daily Std Dev

NVDX:

119.97%

MAGX:

65.03%

Max Drawdown

NVDX:

-68.19%

MAGX:

-54.18%

Current Drawdown

NVDX:

-61.67%

MAGX:

-45.09%

Returns By Period

In the year-to-date period, NVDX achieves a -50.43% return, which is significantly lower than MAGX's -37.66% return.


NVDX

YTD

-50.43%

1M

-28.16%

6M

-57.12%

1Y

4.81%

5Y*

N/A

10Y*

N/A

MAGX

YTD

-37.66%

1M

-21.15%

6M

-21.86%

1Y

16.80%

5Y*

N/A

10Y*

N/A

*Annualized

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NVDX vs. MAGX - Expense Ratio Comparison

NVDX has a 1.05% expense ratio, which is higher than MAGX's 0.95% expense ratio.


Expense ratio chart for NVDX: current value is 1.05%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NVDX: 1.05%
Expense ratio chart for MAGX: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MAGX: 0.95%

Risk-Adjusted Performance

NVDX vs. MAGX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVDX
The Risk-Adjusted Performance Rank of NVDX is 4141
Overall Rank
The Sharpe Ratio Rank of NVDX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of NVDX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of NVDX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of NVDX is 2626
Martin Ratio Rank

MAGX
The Risk-Adjusted Performance Rank of MAGX is 5757
Overall Rank
The Sharpe Ratio Rank of MAGX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of MAGX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of MAGX is 6060
Calmar Ratio Rank
The Martin Ratio Rank of MAGX is 4848
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.

NVDX vs. MAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long NVIDIA Daily Target ETF (NVDX) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). 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 chart of Sharpe ratio for NVDX, currently valued at 0.04, compared to the broader market-1.000.001.002.003.004.00
NVDX: 0.04
MAGX: 0.37
The chart of Sortino ratio for NVDX, currently valued at 0.93, compared to the broader market-2.000.002.004.006.008.00
NVDX: 0.93
MAGX: 0.96
The chart of Omega ratio for NVDX, currently valued at 1.12, compared to the broader market0.501.001.502.00
NVDX: 1.12
MAGX: 1.13
The chart of Calmar ratio for NVDX, currently valued at 0.07, compared to the broader market0.002.004.006.008.0010.0012.00
NVDX: 0.07
MAGX: 0.45
The chart of Martin ratio for NVDX, currently valued at 0.15, compared to the broader market0.0020.0040.0060.00
NVDX: 0.15
MAGX: 1.20

The current NVDX Sharpe Ratio is 0.04, which is lower than the MAGX Sharpe Ratio of 0.37. The chart below compares the historical Sharpe Ratios of NVDX and MAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.200.000.200.400.600.801.00Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.04
0.37
NVDX
MAGX

Dividends

NVDX vs. MAGX - Dividend Comparison

NVDX's dividend yield for the trailing twelve months is around 31.24%, more than MAGX's 1.37% yield.


Drawdowns

NVDX vs. MAGX - Drawdown Comparison

The maximum NVDX drawdown since its inception was -68.19%, which is greater than MAGX's maximum drawdown of -54.18%. Use the drawdown chart below to compare losses from any high point for NVDX and MAGX. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-61.67%
-45.09%
NVDX
MAGX

Volatility

NVDX vs. MAGX - Volatility Comparison

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 49.35% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 39.35%. This indicates that NVDX's price experiences larger fluctuations and is considered to be riskier than MAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
49.35%
39.35%
NVDX
MAGX