MRVU vs. NVTX

Last updated Jun 4, 2026

MRVU (Direxion Daily MRVL Bull 2X ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. MRVU is passively managed, while NVTX is actively managed. At a 0.47 correlation, their price movements are largely independent. MRVU charges 0.97%/yr vs 1.30%/yr for NVTX.

Performance

MRVU vs. NVTX - Performance Comparison

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

Returns By Period

MRVU

• 1D: 7.59%
• 1M: 203.58%
• YTD: —
• 6M: —
• 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)

MRVU vs. NVTX - Yearly Performance Comparison

	2026 (YTD)
MRVU Direxion Daily MRVL Bull 2X ETF	990.96%
NVTX Tradr 2X Long NVTS Daily ETF	557.53%

Correlation

The correlation between MRVU and NVTX is 0.47, 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 Feb 12, 2026	0.47

Return for Risk

MRVU vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MRVL Bull 2X ETF (MRVU) 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

	MRVU	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1,424.91	5.24	+1,419.67

Drawdowns

MRVU vs. NVTX - Drawdown Comparison

The maximum MRVU drawdown since its inception was -21.03%, smaller than the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for MRVU and NVTX.

Drawdown Indicators

	MRVU	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-21.03%	-89.20%	+68.17%
Current Drawdown Current decline from peak	0.00%	-10.79%	+10.79%
Average Drawdown Average peak-to-trough decline	-4.30%	-60.85%	+56.55%

Volatility

Volatility by Period

	MRVU	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	175.93%	266.88%	-90.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	175.93%	266.88%	-90.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	175.93%	266.88%	-90.95%

MRVU vs. NVTX - Expense Ratio Comparison

MRVU has a 0.97% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

MRVU vs. NVTX - Dividend Comparison

MRVU's dividend yield for the trailing twelve months is around 0.02%, less than NVTX's 2.11% yield.

Position	TTM	2025
MRVU Direxion Daily MRVL Bull 2X ETF	0.02%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	2.11%	17.05%

Frequently Asked Questions

Can I hold both MRVU and NVTX in my portfolio?

MRVU and NVTX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRVU or NVTX?

On fees, MRVU is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MRVU or NVTX?

MRVU is cheaper with a 0.97% expense ratio, compared with 1.30% for NVTX.

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

NVTX has the higher dividend yield at 2.11%, compared with 0.02% for MRVU.

What is the main difference between MRVU and NVTX?

They also come from different issuers: Direxion and Tradr. Their fees differ too: 0.97% for MRVU and 1.30% for NVTX.