MSTU vs. NVDL
Compare and contrast key facts about T-Rex 2X Long MSTR Daily Target ETF (MSTU) and GraniteShares 2x Long NVDA Daily ETF (NVDL).
MSTU and NVDL are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MSTU is an actively managed fund by T-Rex. It was launched on Sep 18, 2024. NVDL is an actively managed fund by GraniteShares. It was launched on Dec 13, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MSTU or NVDL.
Key characteristics
| MSTU | NVDL | |
|---|---|---|
| Daily Std Dev | 210.97% | 101.84% |
| Max Drawdown | -26.25% | -51.40% |
| Current Drawdown | -16.33% | -3.68% |
Correlation
The correlation between MSTU and NVDL is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
MSTU vs. NVDL - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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MSTU vs. NVDL - Expense Ratio Comparison
MSTU has a 1.05% expense ratio, which is lower than NVDL's 1.15% expense ratio.
Risk-Adjusted Performance
MSTU vs. NVDL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Long MSTR Daily Target ETF (MSTU) 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.
Not enough dataDividends
MSTU vs. NVDL - Dividend Comparison
MSTU has not paid dividends to shareholders, while NVDL's dividend yield for the trailing twelve months is around 2.05%.
| TTM | 2023 | |
|---|---|---|
MSTU T-Rex 2X Long MSTR Daily Target ETF | 0.00% | 0.00% |
NVDL GraniteShares 2x Long NVDA Daily ETF | 2.05% | 11.29% |
Drawdowns
MSTU vs. NVDL - Drawdown Comparison
The maximum MSTU drawdown since its inception was -26.25%, smaller than the maximum NVDL drawdown of -51.40%. Use the drawdown chart below to compare losses from any high point for MSTU and NVDL. For additional features, visit the drawdowns tool.
Volatility
MSTU vs. NVDL - Volatility Comparison
T-Rex 2X Long MSTR Daily Target ETF (MSTU) has a higher volatility of 62.43% compared to GraniteShares 2x Long NVDA Daily ETF (NVDL) at 19.67%. This indicates that MSTU's price experiences larger fluctuations and is considered to be riskier than NVDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.