NVDS vs. NVD.DE
Compare and contrast key facts about Tradr 1.25X NVDA Bear Daily ETF (NVDS) and NVIDIA Corporation (NVD.DE).
NVDS is a passively managed fund by AXS Investments that tracks the performance of the NVIDIA Corporation (-125%). It was launched on Jul 13, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVDS or NVD.DE.
Key characteristics
| NVDS | NVD.DE | |
|---|---|---|
| YTD Return | -72.98% | 129.43% |
| 1Y Return | -77.30% | 154.46% |
| Sharpe Ratio | -1.11 | 3.54 |
| Daily Std Dev | 69.27% | 45.64% |
| Max Drawdown | -99.50% | -60.46% |
| Current Drawdown | -99.41% | -20.39% |
Correlation
The correlation between NVDS and NVD.DE is -0.70. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
NVDS vs. NVD.DE - Performance Comparison
In the year-to-date period, NVDS achieves a -72.98% return, which is significantly lower than NVD.DE's 129.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
NVDS vs. NVD.DE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and NVIDIA Corporation (NVD.DE). 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.
Dividends
NVDS vs. NVD.DE - Dividend Comparison
NVDS's dividend yield for the trailing twelve months is around 54.38%, more than NVD.DE's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 54.38% | 14.69% | 5.72% | 0.00% | 0.00% | 0.00% |
NVD.DE NVIDIA Corporation | 0.02% | 0.03% | 0.11% | 0.05% | 0.13% | 0.07% |
Drawdowns
NVDS vs. NVD.DE - Drawdown Comparison
The maximum NVDS drawdown since its inception was -99.50%, which is greater than NVD.DE's maximum drawdown of -60.46%. Use the drawdown chart below to compare losses from any high point for NVDS and NVD.DE. For additional features, visit the drawdowns tool.
Volatility
NVDS vs. NVD.DE - Volatility Comparison
Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 25.81% compared to NVIDIA Corporation (NVD.DE) at 14.46%. This indicates that NVDS's price experiences larger fluctuations and is considered to be riskier than NVD.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.