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

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.

-20.00%0.00%20.00%40.00%60.00%JuneJulyAugustSeptemberOctoberNovember
59.16%
43.67%
NVDX
MAGX

Returns By Period


NVDX

YTD

497.76%

1M

2.01%

6M

59.16%

1Y

506.39%

5Y (annualized)

N/A

10Y (annualized)

N/A

MAGX

YTD

N/A

1M

12.35%

6M

43.67%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


NVDXMAGX
Daily Std Dev104.26%49.82%
Max Drawdown-51.26%-34.50%
Current Drawdown-4.51%-4.64%

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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.


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%

Correlation

-0.50.00.51.00.7

The correlation between NVDX and MAGX is 0.67, 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.

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.


Sharpe ratio
The chart of Sharpe ratio for NVDX, currently valued at 4.55, compared to the broader market0.002.004.004.55
The chart of Sortino ratio for NVDX, currently valued at 3.56, compared to the broader market-2.000.002.004.006.008.0010.0012.003.56
The chart of Omega ratio for NVDX, currently valued at 1.45, compared to the broader market0.501.001.502.002.503.001.45
The chart of Calmar ratio for NVDX, currently valued at 9.26, compared to the broader market0.005.0010.0015.009.26
The chart of Martin ratio for NVDX, currently valued at 24.44, compared to the broader market0.0020.0040.0060.0080.00100.0024.44
NVDX
MAGX

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
-4.51%
-4.64%
NVDX
MAGX

Volatility

NVDX vs. MAGX - Volatility Comparison

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 20.89% compared to Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) at 16.03%. 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
20.89%
16.03%
NVDX
MAGX