NVDQ vs. NVDA
NVDQ (T-Rex 2X Inverse NVIDIA Daily Target ETF) is Inverse Equities fund actively managed by T-Rex, while NVDA (NVIDIA Corporation) is a stock. Over the past year, NVDQ returned -63.77% vs 38.94% for NVDA. At a correlation of -1.00, they often move in opposite directions.
Performance
NVDQ vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, NVDQ achieves a -28.81% return, which is significantly lower than NVDA's 7.39% return.
NVDQ
- 1D
- 8.14%
- 1M
- 10.13%
- YTD
- -28.81%
- 6M
- -26.70%
- 1Y
- -63.77%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- -4.13%
- 1M
- -6.99%
- YTD
- 7.39%
- 6M
- 5.85%
- 1Y
- 38.94%
- 3Y*
- 68.08%
- 5Y*
- 59.90%
- 10Y*
- 67.94%
NVDQ vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF | -28.81% | -74.63% | -93.80% | -28.84% |
NVDA NVIDIA Corporation | 7.39% | 38.92% | 171.25% | 17.37% |
Correlation
The correlation between NVDQ and NVDA is -0.99, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.99 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | -1.00 |
The correlation between NVDQ and NVDA has been stable across timeframes, ranging from -1.00 to -0.99 - a consistent structural relationship.
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Return for Risk
NVDQ vs. NVDA — Risk / Return Rank
NVDQ
NVDA
NVDQ vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) and NVIDIA Corporation (NVDA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| NVDQ | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.01 | ||
| Sortino ratioReturn per unit of downside risk | -3.12 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.20 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.90 | 1.94 | -2.84 |
| Martin ratioReturn relative to average drawdown | -1.39 | 4.51 | -5.90 |
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Drawdowns
NVDQ vs. NVDA - Drawdown Comparison
The maximum NVDQ drawdown since its inception was -99.45%, which is greater than NVDA's maximum drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for NVDQ and NVDA.
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Drawdown Indicators
| NVDQ | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.45% | -89.72% | -9.73% |
Max Drawdown (1Y)Largest decline over 1 year | -70.72% | -20.21% | -50.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -99.28% | -15.04% | -84.24% |
Average DrawdownAverage peak-to-trough decline | -88.29% | -36.16% | -52.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 48.56% | 8.66% | +39.90% |
Volatility
NVDQ vs. NVDA - Volatility Comparison
T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) has a higher volatility of 26.30% compared to NVIDIA Corporation (NVDA) at 13.29%. This indicates that NVDQ's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVDQ | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.30% | 13.29% | +13.01% |
Volatility (6M)Calculated over the trailing 6-month period | 54.23% | 26.92% | +27.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 70.44% | 35.50% | +34.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.43% | 51.84% | +43.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.43% | 49.87% | +45.56% |
Dividends
NVDQ vs. NVDA - Dividend Comparison
NVDQ's dividend yield for the trailing twelve months is around 0.37%, more than NVDA's 0.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.14% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF | 0.37% | 0.26% | 4.59% | 11.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NVDQ and NVDA have a correlation of -0.99, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDQ has higher volatility (26.30%) compared to NVDA (13.29%). In terms of maximum drawdown, NVDQ dropped -99.45% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.10 vs -0.91), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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