MSFX vs. NVDA

Last updated Jul 15, 2026

MSFX (T-Rex 2X Long Microsoft Daily Target ETF) is Leveraged Equities fund actively managed by T-Rex, while NVDA (NVIDIA Corporation) is a stock. Over the past year, MSFX returned -51.87% vs 29.26% for NVDA. At a 0.47 correlation, their price movements are largely independent.

Performance

MSFX vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSFX achieves a -43.29% return, which is significantly lower than NVDA's 13.70% return.

MSFX

• 1D: -3.18%
• 1M: -4.96%
• 6M: -39.91%
• YTD: -43.29%
• 1Y: -51.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDA

• 1D: 4.06%
• 1M: 3.22%
• 6M: 14.13%
• YTD: 13.70%
• 1Y: 29.26%
• 3Y*: 67.12%
• 5Y*: 62.14%
• 10Y*: 66.52%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MSFX vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MSFX T-Rex 2X Long Microsoft Daily Target ETF	-43.29%	9.84%	3.03%
NVDA NVIDIA Corporation	13.70%	38.92%	147.15%

Correlation

The correlation between MSFX and NVDA is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (All Time) Calculated using the full available price history since Jan 11, 2024	0.47

The correlation between MSFX and NVDA shifts across timeframes, from 0.35 (1 year) to 0.47 (all time), reflecting how their relationship changes across market environments.

Return for Risk

MSFX vs. NVDA — Risk / Return Rank

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

MSFX

MSFX Risk / Return Rank: 2
MSFX Sharpe Ratio Rank: 2
MSFX Sortino Ratio Rank: 2
MSFX Omega Ratio Rank: 2
MSFX Calmar Ratio Rank: 3
MSFX Martin Ratio Rank: 2

NVDA

NVDA Risk / Return Rank: 70
NVDA Sharpe Ratio Rank: 72
NVDA Sortino Ratio Rank: 67
NVDA Omega Ratio Rank: 64
NVDA Calmar Ratio Rank: 73
NVDA Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MSFX vs. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long Microsoft Daily Target ETF (MSFX) and NVIDIA Corporation (NVDA). 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.

	MSFX	NVDA	Difference
Sharpe ratio: Return per unit of total volatility	-0.96	0.82	-1.78
Sortino ratio: Return per unit of downside risk	-1.39	1.34	-2.73
Omega ratio: Gain probability vs. loss probability	0.83	1.16	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.82	1.45	-2.27
Martin ratio: Return relative to average drawdown	-1.41	3.13	-4.54

MSFX vs. NVDA - Sharpe Ratio Comparison

The current MSFX Sharpe Ratio is -0.96, which is lower than the NVDA Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of MSFX and NVDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MSFX vs. NVDA - Drawdown Comparison

The maximum MSFX drawdown since its inception was -63.56%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for MSFX and NVDA.

Drawdown Indicators

	MSFX	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-63.56%	-89.72%	+26.16%
Max Drawdown (1Y) Largest decline over 1 year	-63.56%	-20.21%	-43.35%
Max Drawdown (3Y) Largest decline over 3 years	—	-36.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-66.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.34%	—
Current Drawdown Current decline from peak	-57.07%	-10.05%	-47.02%
Average Drawdown Average peak-to-trough decline	-22.71%	-36.11%	+13.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	36.74%	9.38%	+27.36%

Volatility

MSFX vs. NVDA - Volatility Comparison

T-Rex 2X Long Microsoft Daily Target ETF (MSFX) has a higher volatility of 20.78% compared to NVIDIA Corporation (NVDA) at 11.33%. This indicates that MSFX's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSFX	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.78%	11.33%	+9.45%
Volatility (6M) Calculated over the trailing 6-month period	48.89%	27.64%	+21.25%
Volatility (1Y) Calculated over the trailing 1-year period	54.34%	35.88%	+18.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	50.22%	51.89%	-1.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	50.22%	49.91%	+0.31%

Dividends

MSFX vs. NVDA - Dividend Comparison

MSFX's dividend yield for the trailing twelve months is around 9.42%, more than NVDA's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MSFX T-Rex 2X Long Microsoft Daily Target ETF	9.42%	5.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NVDA NVIDIA Corporation	0.13%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%

Frequently Asked Questions

Can I hold both MSFX and NVDA in my portfolio?

MSFX and NVDA have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSFX or NVDA?

MSFX has higher volatility (20.78%) compared to NVDA (11.33%). In terms of maximum drawdown, MSFX dropped -63.56% vs NVDA's -89.72%.

Which has better risk-adjusted returns?

NVDA currently has the higher Sharpe Ratio (0.82 vs -0.96), 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.