NVDD vs. PSQ

In the year-to-date period, NVDD achieves a -0.48% return, which is significantly lower than PSQ's 3.28% return.

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NVDD has a 1.01% expense ratio, which is higher than PSQ's 0.95% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bear 1X Shares (NVDD) and ProShares Short QQQ (PSQ). 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 -0.71, which is lower than the PSQ Sharpe Ratio of -0.33. The chart below compares the historical Sharpe Ratios of NVDD and PSQ, 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 3.90%, less than PSQ's 6.46% yield.

The maximum NVDD drawdown since its inception was -77.98%, smaller than the maximum PSQ drawdown of -97.65%. Use the drawdown chart below to compare losses from any high point for NVDD and PSQ. For additional features, visit the drawdowns tool.

Direxion Daily NVDA Bear 1X Shares (NVDD) has a higher volatility of 14.27% compared to ProShares Short QQQ (PSQ) at 7.94%. This indicates that NVDD's price experiences larger fluctuations and is considered to be riskier than PSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.