NVDS vs. NVDA
Compare and contrast key facts about Tradr 1.25X NVDA Bear Daily ETF (NVDS) and NVIDIA Corporation (NVDA).
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 NVDA.
Correlation
The correlation between NVDS and NVDA is -0.99. 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. NVDA - Performance Comparison
Key characteristics
NVDS:
-1.07
NVDA:
2.77
NVDS:
-2.19
NVDA:
3.17
NVDS:
0.75
NVDA:
1.39
NVDS:
-0.78
NVDA:
5.42
NVDS:
-1.29
NVDA:
16.33
NVDS:
60.63%
NVDA:
8.98%
NVDS:
73.15%
NVDA:
52.98%
NVDS:
-99.63%
NVDA:
-89.73%
NVDS:
-99.60%
NVDA:
-5.76%
Returns By Period
In the year-to-date period, NVDS achieves a -8.73% return, which is significantly lower than NVDA's 4.87% return.
NVDS
-8.73%
-8.10%
-34.02%
-76.85%
N/A
N/A
NVDA
4.87%
4.55%
14.90%
136.13%
86.64%
76.16%
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Risk-Adjusted Performance
NVDS vs. NVDA — Risk-Adjusted Performance Rank
NVDS
NVDA
NVDS vs. NVDA - 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 (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.
Dividends
NVDS vs. NVDA - Dividend Comparison
NVDS's dividend yield for the trailing twelve months is around 15.46%, more than NVDA's 0.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 15.46% | 14.11% | 14.69% | 5.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NVDA NVIDIA Corporation | 0.02% | 0.02% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% | 1.70% |
Drawdowns
NVDS vs. NVDA - Drawdown Comparison
The maximum NVDS drawdown since its inception was -99.63%, which is greater than NVDA's maximum drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for NVDS and NVDA. For additional features, visit the drawdowns tool.
Volatility
NVDS vs. NVDA - Volatility Comparison
Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 19.12% compared to NVIDIA Corporation (NVDA) at 12.84%. This indicates that NVDS'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.