NVDS vs. UVIX
Compare and contrast key facts about Tradr 1.25X NVDA Bear Daily ETF (NVDS) and Volatility Shares 2x Long VIX Futures ETF (UVIX).
NVDS and UVIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVDS is a passively managed fund by AXS that tracks the performance of the NVIDIA Corporation (-125%). It was launched on Jul 13, 2022. UVIX is a passively managed fund by Volatility Shares that tracks the performance of the Long VIX Futures Index – Benchmark TR Gross (200%). It was launched on Mar 28, 2022. Both NVDS and UVIX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
NVDS vs. UVIX - Performance Comparison
Loading graphics...
NVDS vs. UVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 5.72% | -58.18% | -80.03% | -83.15% | -14.84% |
UVIX Volatility Shares 2x Long VIX Futures ETF | 51.66% | -83.21% | -75.24% | -95.28% | -62.23% |
Returns By Period
In the year-to-date period, NVDS achieves a 5.72% return, which is significantly lower than UVIX's 51.66% return.
NVDS
- 1D
- -8.30%
- 1M
- 0.93%
- YTD
- 5.72%
- 6M
- 1.44%
- 1Y
- -61.69%
- 3Y*
- -66.79%
- 5Y*
- —
- 10Y*
- —
UVIX
- 1D
- -18.99%
- 1M
- 37.90%
- YTD
- 51.66%
- 6M
- -12.79%
- 1Y
- -76.74%
- 3Y*
- -82.44%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NVDS vs. UVIX - Expense Ratio Comparison
NVDS has a 1.15% expense ratio, which is lower than UVIX's 2.78% expense ratio.
Return for Risk
NVDS vs. UVIX — Risk / Return Rank
NVDS
UVIX
NVDS vs. UVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and Volatility Shares 2x Long VIX Futures ETF (UVIX). 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.
| NVDS | UVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -1.01 | -0.51 | -0.49 |
Sortino ratioReturn per unit of downside risk | -1.60 | -0.36 | -1.23 |
Omega ratioGain probability vs. loss probability | 0.80 | 0.95 | -0.15 |
Calmar ratioReturn relative to maximum drawdown | -0.83 | -0.82 | -0.01 |
Martin ratioReturn relative to average drawdown | -0.98 | -0.93 | -0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NVDS | UVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.01 | -0.51 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | -1.00 | -0.59 | -0.41 |
Correlation
The correlation between NVDS and UVIX is 0.50, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NVDS vs. UVIX - Dividend Comparison
NVDS's dividend yield for the trailing twelve months is around 13.42%, while UVIX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 13.42% | 14.19% | 14.11% | 14.69% | 5.72% |
UVIX Volatility Shares 2x Long VIX Futures ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NVDS vs. UVIX - Drawdown Comparison
The maximum NVDS drawdown since its inception was -99.20%, roughly equal to the maximum UVIX drawdown of -99.96%. Use the drawdown chart below to compare losses from any high point for NVDS and UVIX.
Loading graphics...
Drawdown Indicators
| NVDS | UVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.20% | -99.96% | +0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -73.78% | -94.23% | +20.45% |
Current DrawdownCurrent decline from peak | -99.03% | -99.93% | +0.90% |
Average DrawdownAverage peak-to-trough decline | -82.65% | -88.02% | +5.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 62.48% | 82.45% | -19.97% |
Volatility
NVDS vs. UVIX - Volatility Comparison
The current volatility for Tradr 1.25X NVDA Bear Daily ETF (NVDS) is 15.74%, while Volatility Shares 2x Long VIX Futures ETF (UVIX) has a volatility of 59.07%. This indicates that NVDS experiences smaller price fluctuations and is considered to be less risky than UVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NVDS | UVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 59.07% | -43.33% |
Volatility (6M)Calculated over the trailing 6-month period | 38.94% | 94.37% | -55.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.44% | 149.63% | -88.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.41% | 138.22% | -68.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.41% | 138.22% | -68.81% |