NVDD vs. NVDL

In the year-to-date period, NVDD achieves a -14.34% return, which is significantly higher than NVDL's -21.46% return.

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NVDD has a 1.01% expense ratio, which is lower than NVDL's 1.15% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bear 1X Shares (NVDD) 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.

The current NVDD Sharpe Ratio is -0.63, which is lower than the NVDL Sharpe Ratio of -0.08. The chart below compares the historical Sharpe Ratios of NVDD and NVDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NVDD's dividend yield for the trailing twelve months is around 4.53%, while NVDL has not paid dividends to shareholders.

The maximum NVDD drawdown since its inception was -79.58%, which is greater than NVDL's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for NVDD and NVDL.

The current volatility for Direxion Daily NVDA Bear 1X Shares (NVDD) is 11.06%, while GraniteShares 2x Long NVDA Daily ETF (NVDL) has a volatility of 21.64%. This indicates that NVDD experiences smaller price fluctuations and is considered to be less risky than NVDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.