MSTZ vs. NVII

Last updated Jun 4, 2026

MSTZ (T-REX 2X Inverse MSTR Daily Target ETF) and NVII (REX NVDA Growth & Income ETF) are both exchange-traded funds - MSTZ is a Inverse Equities fund actively managed by REX, while NVII is a Derivative Income fund actively managed by REX. Both are actively managed. Over the past year, MSTZ returned 94.24% vs 62.33% for NVII. At a correlation of -0.32, they often move in opposite directions. MSTZ charges 1.05%/yr vs 0.99%/yr for NVII.

Performance

MSTZ vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) and REX NVDA Growth & Income ETF (NVII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MSTZ achieves a -46.88% return, which is significantly lower than NVII's 15.50% return.

MSTZ

• 1D: 14.02%
• 1M: 86.49%
• YTD: -46.88%
• 6M: -23.06%
• 1Y: 94.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MSTZ vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	-46.88%	221.16%
NVII REX NVDA Growth & Income ETF	15.50%	48.28%

Correlation

The correlation between MSTZ and NVII is -0.32, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.32
Correlation (All Time) Calculated using the full available price history since May 29, 2025	-0.32

Return for Risk

MSTZ vs. NVII — Risk / Return Rank

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

MSTZ

MSTZ Risk / Return Rank: 26
MSTZ Sharpe Ratio Rank: 20
MSTZ Sortino Ratio Rank: 32
MSTZ Omega Ratio Rank: 34
MSTZ Calmar Ratio Rank: 24
MSTZ Martin Ratio Rank: 20

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

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.

MSTZ vs. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) and REX NVDA Growth & Income ETF (NVII). 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.

	MSTZ	NVII	Difference
Sharpe ratio Return per unit of total volatility	0.68	1.83	-1.15
Sortino ratio Return per unit of downside risk	1.74	2.35	-0.60
Omega ratio Gain probability vs. loss probability	1.23	1.30	-0.07
Calmar ratio Return relative to maximum drawdown	1.12	3.39	-2.28
Martin ratio Return relative to average drawdown	2.35	8.64	-6.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MSTZ vs. NVII - Sharpe Ratio Comparison

The current MSTZ Sharpe Ratio is 0.68, which is lower than the NVII Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of MSTZ and NVII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MSTZ	NVII	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.68	1.83	-1.15
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	2.04	-2.57

Drawdowns

MSTZ vs. NVII - Drawdown Comparison

The maximum MSTZ drawdown since its inception was -99.36%, which is greater than NVII's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for MSTZ and NVII.

Drawdown Indicators

	MSTZ	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-99.36%	-18.47%	-80.89%
Max Drawdown (1Y) Largest decline over 1 year	-84.89%	-18.47%	-66.42%
Current Drawdown Current decline from peak	-98.14%	-8.54%	-89.60%
Average Drawdown Average peak-to-trough decline	-94.39%	-5.50%	-88.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	40.30%	7.24%	+33.06%

Volatility

MSTZ vs. NVII - Volatility Comparison

T-REX 2X Inverse MSTR Daily Target ETF (MSTZ) has a higher volatility of 37.49% compared to REX NVDA Growth & Income ETF (NVII) at 12.22%. This indicates that MSTZ's price experiences larger fluctuations and is considered to be riskier than NVII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MSTZ	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	37.49%	12.22%	+25.27%
Volatility (6M) Calculated over the trailing 6-month period	125.82%	25.24%	+100.58%
Volatility (1Y) Calculated over the trailing 1-year period	140.34%	34.40%	+105.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	170.37%	34.54%	+135.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	170.37%	34.54%	+135.83%

MSTZ vs. NVII - Expense Ratio Comparison

MSTZ has a 1.05% expense ratio, which is higher than NVII's 0.99% expense ratio.

Dividends

MSTZ vs. NVII - Dividend Comparison

MSTZ has not paid dividends to shareholders, while NVII's dividend yield for the trailing twelve months is around 51.55%.

Position	TTM	2025
MSTZ T-REX 2X Inverse MSTR Daily Target ETF	0.00%	0.00%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%

Frequently Asked Questions

Can I hold both MSTZ and NVII in my portfolio?

MSTZ and NVII have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MSTZ or NVII?

MSTZ has higher volatility (37.49%) compared to NVII (12.22%). In terms of maximum drawdown, MSTZ dropped -99.36% vs NVII's -18.47%.

Which ETF is better, MSTZ or NVII?

On 1-year performance, MSTZ leads with 94.24% vs 62.33% for NVII. On fees, NVII is cheaper at 0.99% per year. On volatility, NVII has been the lower-risk option at 12.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MSTZ or NVII?

Over the 1-year period, MSTZ has performed better with a 94.24% return vs 62.33%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MSTZ or NVII?

NVII is cheaper with a 0.99% expense ratio, compared with 1.05% for MSTZ.

Which ETF pays a higher dividend yield, MSTZ or NVII?

NVII has the higher dividend yield at 51.55%, compared with 0.00% for MSTZ.

What is the main difference between MSTZ and NVII?

MSTZ is categorized as Inverse Equities, while NVII is Derivative Income. Their fees differ too: 1.05% for MSTZ and 0.99% for NVII.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (1.83 vs 0.68), 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.