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NVDD vs. NVD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDD and NVD is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

NVDD vs. NVD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily NVDA Bear 1X Shares (NVDD) and GraniteShares 2x Short NVDA Daily ETF (NVD). The values are adjusted to include any dividend payments, if applicable.

-60.00%-40.00%-20.00%0.00%20.00%40.00%AugustSeptemberOctoberNovemberDecember2025
-20.98%
-46.36%
NVDD
NVD

Key characteristics

Sharpe Ratio

NVDD:

-1.26

NVD:

-0.87

Sortino Ratio

NVDD:

-2.30

NVD:

-2.38

Omega Ratio

NVDD:

0.74

NVD:

0.73

Calmar Ratio

NVDD:

-0.86

NVD:

-0.96

Martin Ratio

NVDD:

-1.29

NVD:

-1.19

Ulcer Index

NVDD:

51.77%

NVD:

77.94%

Daily Std Dev

NVDD:

53.22%

NVD:

105.81%

Max Drawdown

NVDD:

-77.98%

NVD:

-95.98%

Current Drawdown

NVDD:

-76.76%

NVD:

-95.56%

Returns By Period

In the year-to-date period, NVDD achieves a -5.56% return, which is significantly higher than NVD's -11.98% return.


NVDD

YTD

-5.56%

1M

-4.99%

6M

-20.96%

1Y

-65.41%

5Y*

N/A

10Y*

N/A

NVD

YTD

-11.98%

1M

-11.32%

6M

-46.40%

1Y

-91.81%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


NVDD vs. NVD - Expense Ratio Comparison

NVDD has a 1.01% expense ratio, which is lower than NVD's 1.50% expense ratio.


NVD
GraniteShares 2x Short NVDA Daily ETF
Expense ratio chart for NVD: current value at 1.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.50%
Expense ratio chart for NVDD: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%

Risk-Adjusted Performance

NVDD vs. NVD — Risk-Adjusted Performance Rank

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

NVDD
The Risk-Adjusted Performance Rank of NVDD is 00
Overall Rank
The Sharpe Ratio Rank of NVDD is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDD is 00
Sortino Ratio Rank
The Omega Ratio Rank of NVDD is 00
Omega Ratio Rank
The Calmar Ratio Rank of NVDD is 00
Calmar Ratio Rank
The Martin Ratio Rank of NVDD is 11
Martin Ratio Rank

NVD
The Risk-Adjusted Performance Rank of NVD is 11
Overall Rank
The Sharpe Ratio Rank of NVD is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of NVD is 00
Sortino Ratio Rank
The Omega Ratio Rank of NVD is 00
Omega Ratio Rank
The Calmar Ratio Rank of NVD is 00
Calmar Ratio Rank
The Martin Ratio Rank of NVD is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVDD vs. NVD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bear 1X Shares (NVDD) and GraniteShares 2x Short NVDA Daily ETF (NVD). 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.


Sharpe ratio
The chart of Sharpe ratio for NVDD, currently valued at -1.26, compared to the broader market0.002.004.00-1.26-0.87
The chart of Sortino ratio for NVDD, currently valued at -2.30, compared to the broader market0.005.0010.00-2.30-2.38
The chart of Omega ratio for NVDD, currently valued at 0.74, compared to the broader market1.002.003.000.740.73
The chart of Calmar ratio for NVDD, currently valued at -0.86, compared to the broader market0.005.0010.0015.0020.00-0.86-0.96
The chart of Martin ratio for NVDD, currently valued at -1.29, compared to the broader market0.0020.0040.0060.0080.00100.00-1.29-1.19
NVDD
NVD

The current NVDD Sharpe Ratio is -1.26, which is lower than the NVD Sharpe Ratio of -0.87. The chart below compares the historical Sharpe Ratios of NVDD and NVD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.50-1.40-1.30-1.20-1.10-1.00-0.90Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19
-1.26
-0.87
NVDD
NVD

Dividends

NVDD vs. NVD - Dividend Comparison

NVDD's dividend yield for the trailing twelve months is around 5.22%, less than NVD's 9.86% yield.


TTM20242023
NVDD
Direxion Daily NVDA Bear 1X Shares
5.22%4.93%1.32%
NVD
GraniteShares 2x Short NVDA Daily ETF
9.86%8.68%15.78%

Drawdowns

NVDD vs. NVD - Drawdown Comparison

The maximum NVDD drawdown since its inception was -77.98%, smaller than the maximum NVD drawdown of -95.98%. Use the drawdown chart below to compare losses from any high point for NVDD and NVD. For additional features, visit the drawdowns tool.


-100.00%-90.00%-80.00%-70.00%-60.00%AugustSeptemberOctoberNovemberDecember2025
-76.76%
-95.56%
NVDD
NVD

Volatility

NVDD vs. NVD - Volatility Comparison

The current volatility for Direxion Daily NVDA Bear 1X Shares (NVDD) is 12.99%, while GraniteShares 2x Short NVDA Daily ETF (NVD) has a volatility of 25.63%. This indicates that NVDD experiences smaller price fluctuations and is considered to be less risky than NVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%AugustSeptemberOctoberNovemberDecember2025
12.99%
25.63%
NVDD
NVD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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