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NVDS vs. NVDD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDS and NVDD is -0.66. 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. NVDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 1.25X NVDA Bear Daily ETF (NVDS) and Direxion Daily NVDA Bear 1X Shares (NVDD). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

NVDS:

-0.67

NVDD:

-0.68

Sortino Ratio

NVDS:

-1.00

NVDD:

-1.05

Omega Ratio

NVDS:

0.88

NVDD:

0.88

Calmar Ratio

NVDS:

-0.64

NVDD:

-0.59

Martin Ratio

NVDS:

-1.65

NVDD:

-1.70

Ulcer Index

NVDS:

38.78%

NVDD:

27.49%

Daily Std Dev

NVDS:

87.26%

NVDD:

59.15%

Max Drawdown

NVDS:

-99.68%

NVDD:

-79.04%

Current Drawdown

NVDS:

-99.68%

NVDD:

-79.00%

Returns By Period

In the year-to-date period, NVDS achieves a -27.89% return, which is significantly lower than NVDD's -14.66% return.


NVDS

YTD

-27.89%

1M

-27.12%

6M

-26.52%

1Y

-57.92%

3Y*

N/A

5Y*

N/A

10Y*

N/A

NVDD

YTD

-14.66%

1M

-18.51%

6M

-13.06%

1Y

-39.82%

3Y*

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Tradr 1.25X NVDA Bear Daily ETF

NVDS vs. NVDD - Expense Ratio Comparison

NVDS has a 1.15% expense ratio, which is higher than NVDD's 1.01% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

NVDS vs. NVDD — Risk-Adjusted Performance Rank

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

NVDS
The Risk-Adjusted Performance Rank of NVDS is 11
Overall Rank
The Sharpe Ratio Rank of NVDS is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDS is 11
Sortino Ratio Rank
The Omega Ratio Rank of NVDS is 22
Omega Ratio Rank
The Calmar Ratio Rank of NVDS is 11
Calmar Ratio Rank
The Martin Ratio Rank of NVDS is 11
Martin Ratio Rank

NVDD
The Risk-Adjusted Performance Rank of NVDD is 11
Overall Rank
The Sharpe Ratio Rank of NVDD is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDD is 11
Sortino Ratio Rank
The Omega Ratio Rank of NVDD is 22
Omega Ratio Rank
The Calmar Ratio Rank of NVDD is 11
Calmar Ratio Rank
The Martin Ratio Rank of NVDD is 00
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVDS vs. NVDD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and Direxion Daily NVDA Bear 1X Shares (NVDD). 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.


The current NVDS Sharpe Ratio is -0.67, which is comparable to the NVDD Sharpe Ratio of -0.68. The chart below compares the historical Sharpe Ratios of NVDS and NVDD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

NVDS vs. NVDD - Dividend Comparison

NVDS's dividend yield for the trailing twelve months is around 19.56%, more than NVDD's 4.55% yield.


TTM202420232022
NVDS
Tradr 1.25X NVDA Bear Daily ETF
19.56%14.11%14.69%5.72%
NVDD
Direxion Daily NVDA Bear 1X Shares
4.55%4.93%1.31%0.00%

Drawdowns

NVDS vs. NVDD - Drawdown Comparison

The maximum NVDS drawdown since its inception was -99.68%, which is greater than NVDD's maximum drawdown of -79.04%. Use the drawdown chart below to compare losses from any high point for NVDS and NVDD.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

NVDS vs. NVDD - Volatility Comparison

Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 16.06% compared to Direxion Daily NVDA Bear 1X Shares (NVDD) at 10.41%. This indicates that NVDS's price experiences larger fluctuations and is considered to be riskier than NVDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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