PortfoliosLab logoPortfoliosLab logo
NVDQ vs. NVDA
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NVDQ vs. NVDA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) and NVIDIA Corporation (NVDA). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, NVDQ achieves a -36.13% return, which is significantly lower than NVDA's 15.15% return.


NVDQ

1D
7.09%
1M
-18.40%
YTD
-36.13%
6M
-41.91%
1Y
-68.82%
3Y*
5Y*
10Y*

NVDA

1D
-3.62%
1M
8.20%
YTD
15.15%
6M
19.59%
1Y
52.10%
3Y*
76.15%
5Y*
65.05%
10Y*
68.84%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NVDQ vs. NVDA - Yearly Performance Comparison


2026 (YTD)202520242023
NVDQ
T-Rex 2X Inverse NVIDIA Daily Target ETF
-36.13%-74.63%-93.80%-30.70%
NVDA
NVIDIA Corporation
15.15%38.92%171.25%17.64%

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 20, 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.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Return for Risk

NVDQ vs. NVDA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVDQ
NVDQ Risk / Return Rank: 11
Overall Rank
NVDQ Sharpe Ratio Rank: 11
Sharpe Ratio Rank
NVDQ Sortino Ratio Rank: 11
Sortino Ratio Rank
NVDQ Omega Ratio Rank: 11
Omega Ratio Rank
NVDQ Calmar Ratio Rank: 11
Calmar Ratio Rank
NVDQ Martin Ratio Rank: 22
Martin Ratio Rank

NVDA
NVDA Risk / Return Rank: 7878
Overall Rank
NVDA Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
NVDA Sortino Ratio Rank: 7777
Sortino Ratio Rank
NVDA Omega Ratio Rank: 7373
Omega Ratio Rank
NVDA Calmar Ratio Rank: 7979
Calmar Ratio Rank
NVDA Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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.


NVDQNVDADifference

Sharpe ratio

Return per unit of total volatility

-1.02

1.53

-2.55

Sortino ratio

Return per unit of downside risk

-1.82

2.15

-3.97

Omega ratio

Gain probability vs. loss probability

0.80

1.26

-0.46

Calmar ratio

Return relative to maximum drawdown

-0.94

2.59

-3.53

Martin ratio

Return relative to average drawdown

-1.42

6.36

-7.78

NVDQ vs. NVDA - Sharpe Ratio Comparison

The current NVDQ Sharpe Ratio is -1.02, which is lower than the NVDA Sharpe Ratio of 1.53. The chart below compares the historical Sharpe Ratios of NVDQ and NVDA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


Loading charts...

Sharpe Ratios by Period


NVDQNVDADifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.02

1.53

-2.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

1.27

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.39

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.89

0.63

-1.52

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.


Loading charts...

Drawdown Indicators


NVDQNVDADifference

Max Drawdown

Largest peak-to-trough decline

-99.45%

-89.72%

-9.73%

Max Drawdown (1Y)

Largest decline over 1 year

-73.67%

-20.21%

-53.46%

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 Drawdown

Current decline from peak

-99.35%

-8.90%

-90.45%

Average Drawdown

Average peak-to-trough decline

-88.21%

-36.21%

-52.00%

Ulcer Index

Depth and duration of drawdowns from previous peaks

48.57%

8.21%

+40.36%

Volatility

NVDQ vs. NVDA - Volatility Comparison

T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) has a higher volatility of 25.84% compared to NVIDIA Corporation (NVDA) at 12.53%. 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.


Loading charts...

Volatility by Period


NVDQNVDADifference

Volatility (1M)

Calculated over the trailing 1-month period

25.84%

12.53%

+13.31%

Volatility (6M)

Calculated over the trailing 6-month period

51.78%

25.54%

+26.24%

Volatility (1Y)

Calculated over the trailing 1-year period

67.86%

34.22%

+33.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

95.52%

51.69%

+43.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

95.52%

49.80%

+45.72%

Dividends

NVDQ vs. NVDA - Dividend Comparison

NVDQ's dividend yield for the trailing twelve months is around 0.41%, more than NVDA's 0.02% yield.


PositionTTM20252024202320222021202020192018201720162015
NVDA
NVIDIA Corporation
0.02%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
0.41%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 (25.84%) compared to NVDA (12.53%). In terms of maximum drawdown, NVDQ dropped -99.45% vs NVDA's -89.72%.

NVDA currently has the higher Sharpe Ratio (1.53 vs -1.02), 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.

Portfolio Optimizer

Find the right allocation for NVDQ and NVDA

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer