NVDQ vs. YXI

Last updated Aug 5, 2026

NVDQ (T-Rex 2X Inverse NVIDIA Daily Target ETF) and YXI (ProShares Short FTSE China 50) are both exchange-traded funds - NVDQ is a Inverse Equities fund actively managed by T-Rex, while YXI is a China Equities fund tracking the FTSE China 50 Net Tax USD (TR) (-100%). NVDQ is actively managed, while YXI is passively managed. Over the past year, NVDQ returned -50.45% vs 4.09% for YXI. Their 0.23 correlation means their historical movements had little consistent relationship. NVDQ charges 1.05%/yr vs 0.95%/yr for YXI.

Performance

NVDQ vs. YXI - 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 ProShares Short FTSE China 50 (YXI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDQ achieves a -39.70% return, which is significantly lower than YXI's 5.63% return.

NVDQ

• 1D: -5.06%
• 1M: -19.48%
• 6M: -42.67%
• YTD: -39.70%
• 1Y: -50.45%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: -83.30%

YXI

• 1D: 0.58%
• 1M: -12.38%
• 6M: 6.78%
• YTD: 5.63%
• 1Y: 4.09%
• 3Y*: -10.31%
• 5Y*: -5.27%
• 10Y*: -7.71%
• ALL TIME*: -8.22%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF	$24.84M	$29.28M	$55.12M
YXI ProShares Short FTSE China 50	$23.14K	$29.95K	$34.52K

NVDQ vs. YXI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF	-39.70%	-74.63%	-93.80%	-28.84%
YXI ProShares Short FTSE China 50	5.63%	-22.87%	-25.36%	5.77%

Correlation

The correlation between NVDQ and YXI is 0.31, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.31
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	0.23

Return for Risk

NVDQ vs. YXI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NVDQ

NVDQ Risk / Return Rank: 3
NVDQ Sharpe Ratio Rank: 3
NVDQ Sortino Ratio Rank: 4
NVDQ Omega Ratio Rank: 4
NVDQ Calmar Ratio Rank: 2
NVDQ Martin Ratio Rank: 1

YXI

YXI Risk / Return Rank: 14
YXI Sharpe Ratio Rank: 14
YXI Sortino Ratio Rank: 14
YXI Omega Ratio Rank: 14
YXI Calmar Ratio Rank: 15
YXI Martin Ratio Rank: 15

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NVDQ vs. YXI - 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 ProShares Short FTSE China 50 (YXI). 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	YXI	Difference
Sharpe ratio: Return per unit of total volatility	-0.70	0.20	-0.90
Sortino ratio: Return per unit of downside risk	-0.84	0.42	-1.26
Omega ratio: Gain probability vs. loss probability	0.91	1.05	-0.14
Calmar ratio: Return relative to maximum drawdown	-0.83	0.30	-1.13
Martin ratio: Return relative to average drawdown	-1.44	0.77	-2.21

NVDQ vs. YXI - Sharpe Ratio Comparison

The current NVDQ Sharpe Ratio is -0.70, which is lower than the YXI Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of NVDQ and YXI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVDQ vs. YXI - Drawdown Comparison

The maximum NVDQ drawdown since its inception was -99.45%, which is greater than YXI's maximum drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for NVDQ and YXI.

Drawdown Indicators

	NVDQ	YXI	Difference
Max Drawdown Largest peak-to-trough decline	-99.45%	-81.15%	-18.30%
Max Drawdown (1Y) Largest decline over 1 year	-61.17%	-13.55%	-47.62%
Max Drawdown (3Y) Largest decline over 3 years	—	-53.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-61.63%	—
Current Drawdown Current decline from peak	-99.39%	-78.43%	-20.96%
Average Drawdown Average peak-to-trough decline	-88.75%	-54.52%	-34.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	35.09%	5.32%	+29.77%

Volatility

NVDQ vs. YXI - Volatility Comparison

T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) has a higher volatility of 24.71% compared to ProShares Short FTSE China 50 (YXI) at 6.80%. This indicates that NVDQ's price experiences larger fluctuations and is considered to be riskier than YXI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDQ	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.71%	6.80%	+17.91%
Volatility (6M) Calculated over the trailing 6-month period	57.15%	15.85%	+41.30%
Volatility (1Y) Calculated over the trailing 1-year period	72.63%	21.09%	+51.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.71%	31.28%	+63.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.71%	27.48%	+67.23%

NVDQ vs. YXI - Expense Ratio Comparison

NVDQ has a 1.05% expense ratio, which is higher than YXI's 0.95% expense ratio.

Dividends

NVDQ vs. YXI - Dividend Comparison

NVDQ's dividend yield for the trailing twelve months is around 0.43%, less than YXI's 2.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
NVDQ T-Rex 2X Inverse NVIDIA Daily Target ETF	0.43%	0.26%	4.59%	11.60%	0.00%	0.00%	0.00%	0.00%	0.00%
YXI ProShares Short FTSE China 50	2.69%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%

Frequently Asked Questions

Can I hold both NVDQ and YXI in my portfolio?

NVDQ and YXI have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVDQ or YXI?

NVDQ has higher volatility (24.71%) compared to YXI (6.80%). In terms of maximum drawdown, NVDQ dropped -99.45% vs YXI's -81.15%.

Which ETF is better, NVDQ or YXI?

On 1-year performance, YXI leads with 4.09% vs -50.45% for NVDQ. On fees, YXI is cheaper at 0.95% per year. On volatility, YXI has been the lower-risk option at 6.80%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVDQ or YXI?

Over the 1-year period, YXI has performed better with a 4.09% return vs -50.45%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVDQ or YXI?

YXI is cheaper with a 0.95% expense ratio, compared with 1.05% for NVDQ.

Which ETF pays a higher dividend yield, NVDQ or YXI?

YXI has the higher dividend yield at 2.69%, compared with 0.43% for NVDQ.

What is the main difference between NVDQ and YXI?

NVDQ is categorized as Inverse Equities, while YXI is China Equities. They also come from different issuers: T-Rex and ProShares. Their fees differ too: 1.05% for NVDQ and 0.95% for YXI.

Which has better risk-adjusted returns?

YXI currently has the higher Sharpe Ratio (0.20 vs -0.70), 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.