MHH vs. NVDL
MHH (Mastech Digital, Inc.) is a stock, while NVDL (GraniteShares 2x Long NVDA Daily ETF) is Leveraged Equities fund actively managed by GraniteShares. Over the past 3 years, MHH returned -10.86%/yr vs 87.43%/yr for NVDL. At a 0.06 correlation, their price movements are largely independent.
Performance
MHH vs. NVDL - Performance Comparison
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Returns By Period
In the year-to-date period, MHH achieves a 6.16% return, which is significantly higher than NVDL's 4.65% return.
MHH
- 1D
- -3.89%
- 1M
- -6.08%
- 6M
- 6.77%
- YTD
- 6.16%
- 1Y
- -0.94%
- 3Y*
- -10.86%
- 5Y*
- -14.16%
- 10Y*
- 7.96%
NVDL
- 1D
- -7.05%
- 1M
- -3.55%
- 6M
- 6.87%
- YTD
- 4.65%
- 1Y
- 20.66%
- 3Y*
- 87.43%
- 5Y*
- —
- 10Y*
- —
MHH vs. NVDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
MHH Mastech Digital, Inc. | 6.16% | -53.15% | 76.79% | -23.45% | -5.33% |
NVDL GraniteShares 2x Long NVDA Daily ETF | 4.65% | 32.57% | 344.58% | 432.18% | -28.71% |
Correlation
The correlation between MHH and NVDL is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.04 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | 0.06 |
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Return for Risk
MHH vs. NVDL — Risk / Return Rank
MHH
NVDL
MHH vs. NVDL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mastech Digital, Inc. (MHH) and GraniteShares 2x Long NVDA Daily ETF (NVDL). 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.
| MHH | NVDL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.48 | ||
| Omega ratioGain probability vs. loss probability | 1.05 | 1.11 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.03 | 0.49 | -0.52 |
| Martin ratioReturn relative to average drawdown | -0.06 | 1.01 | -1.07 |
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Drawdowns
MHH vs. NVDL - Drawdown Comparison
The maximum MHH drawdown since its inception was -89.23%, which is greater than NVDL's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for MHH and NVDL.
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Drawdown Indicators
| MHH | NVDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.23% | -67.55% | -21.68% |
Max Drawdown (1Y)Largest decline over 1 year | -32.76% | -42.23% | +9.47% |
Max Drawdown (3Y)Largest decline over 3 years | -65.58% | -67.55% | +1.97% |
Max Drawdown (5Y)Largest decline over 5 years | -74.14% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.82% | — | — |
Current DrawdownCurrent decline from peak | -74.15% | -28.63% | -45.52% |
Average DrawdownAverage peak-to-trough decline | -49.02% | -17.27% | -31.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.40% | 20.50% | -5.10% |
Volatility
MHH vs. NVDL - Volatility Comparison
Mastech Digital, Inc. (MHH) and GraniteShares 2x Long NVDA Daily ETF (NVDL) have volatilities of 22.39% and 21.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MHH | NVDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 22.39% | 21.48% | +0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 43.86% | 54.54% | -10.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.65% | 71.21% | -12.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.20% | 90.15% | -34.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 59.35% | 90.15% | -30.80% |
Dividends
MHH vs. NVDL - Dividend Comparison
Neither MHH nor NVDL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
MHH Mastech Digital, Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
NVDL GraniteShares 2x Long NVDA Daily ETF | 0.00% | 0.00% | 0.00% | 11.29% |
Frequently Asked Questions
MHH and NVDL have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MHH has higher volatility (22.39%) compared to NVDL (21.48%). In terms of maximum drawdown, MHH dropped -89.23% vs NVDL's -67.55%.
NVDL currently has the higher Sharpe Ratio (0.29 vs -0.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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