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

Key characteristics


NVDXMAGX
Daily Std Dev103.68%50.43%
Max Drawdown-51.26%-34.50%
Current Drawdown-2.48%0.00%

Correlation

-0.50.00.51.00.7

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.

Performance

NVDX vs. MAGX - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%120.00%JuneJulyAugustSeptemberOctoberNovember
113.46%
55.83%
NVDX
MAGX

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


NVDX vs. MAGX - Expense Ratio Comparison

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


NVDX
T-REX 2X Long NVIDIA Daily Target ETF
Expense ratio chart for NVDX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for MAGX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

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.


NVDX
Sharpe ratio
The chart of Sharpe ratio for NVDX, currently valued at 5.52, compared to the broader market-2.000.002.004.005.52
Sortino ratio
The chart of Sortino ratio for NVDX, currently valued at 3.82, compared to the broader market-2.000.002.004.006.008.0010.0012.003.82
Omega ratio
The chart of Omega ratio for NVDX, currently valued at 1.49, compared to the broader market1.001.502.002.503.001.49
Calmar ratio
The chart of Calmar ratio for NVDX, currently valued at 11.16, compared to the broader market0.005.0010.0015.0011.16
Martin ratio
The chart of Martin ratio for NVDX, currently valued at 29.13, compared to the broader market0.0020.0040.0060.0080.00100.0029.13
MAGX
Sharpe ratio
No data

NVDX vs. MAGX - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

NVDX vs. MAGX - Dividend Comparison

Neither NVDX nor MAGX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

NVDX vs. MAGX - Drawdown Comparison

The maximum NVDX drawdown since its inception was -51.26%, which is greater than MAGX's maximum drawdown of -34.50%. Use the drawdown chart below to compare losses from any high point for NVDX and MAGX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.48%
0
NVDX
MAGX

Volatility

NVDX vs. MAGX - Volatility Comparison

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 22.43% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 15.62%. 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%JuneJulyAugustSeptemberOctoberNovember
22.43%
15.62%
NVDX
MAGX