NVDD vs. SSG

In the year-to-date period, NVDD achieves a -14.34% return, which is significantly higher than SSG's -31.83% return.

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NVDD has a 1.01% expense ratio, which is higher than SSG'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 Ultrashort Semiconductors (SSG). 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 comparable to the SSG Sharpe Ratio of -0.58. The chart below compares the historical Sharpe Ratios of NVDD and SSG, 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%, less than SSG's 10.14% yield.

The maximum NVDD drawdown since its inception was -79.58%, smaller than the maximum SSG drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for NVDD and SSG.

The current volatility for Direxion Daily NVDA Bear 1X Shares (NVDD) is 11.06%, while Proshares Ultrashort Semiconductors (SSG) has a volatility of 20.24%. This indicates that NVDD experiences smaller price fluctuations and is considered to be less risky than SSG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.