NVDL vs. NVDX

In the year-to-date period, NVDL achieves a -20.09% return, which is significantly higher than NVDX's -21.29% return.

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NVDL has a 1.15% expense ratio, which is higher than NVDX's 1.05% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long NVDA Daily ETF (NVDL) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX). 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 NVDL Sharpe Ratio is 0.27, which is comparable to the NVDX Sharpe Ratio of 0.24. The chart below compares the historical Sharpe Ratios of NVDL and NVDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NVDL has not paid dividends to shareholders, while NVDX's dividend yield for the trailing twelve months is around 19.67%.

The maximum NVDL drawdown since its inception was -67.55%, roughly equal to the maximum NVDX drawdown of -68.19%. Use the drawdown chart below to compare losses from any high point for NVDL and NVDX. For additional features, visit the drawdowns tool.

GraniteShares 2x Long NVDA Daily ETF (NVDL) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX) have volatilities of 30.11% and 30.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.