NVDS vs. WUGI
NVDS (Tradr 1.25X NVDA Bear Daily ETF) and WUGI (AXS Esoterica NextG Economy ETF) are both exchange-traded funds - NVDS is a Inverse Equities fund tracking the NVIDIA Corporation (-125%), while WUGI is a Large Cap Growth Equities fund actively managed by AXS. NVDS is passively managed, while WUGI is actively managed. Over the past 3 years, NVDS returned -62.25%/yr vs 29.54%/yr for WUGI. Their -0.80 correlation means they have often moved in opposite directions in the past. NVDS charges 1.15%/yr vs 0.75%/yr for WUGI.
Performance
NVDS vs. WUGI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVDS achieves a -24.21% return, which is significantly lower than WUGI's 13.37% return.
NVDS
- 1D
- -4.24%
- 1M
- -10.37%
- 6M
- -24.26%
- YTD
- -24.21%
- 1Y
- -35.38%
- 3Y*
- -62.25%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -68.81%
WUGI
- 1D
- 1.84%
- 1M
- -7.06%
- 6M
- 14.27%
- YTD
- 13.37%
- 1Y
- 21.91%
- 3Y*
- 29.54%
- 5Y*
- 12.80%
- 10Y*
- —
- ALL TIME*
- 24.99%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.22M | $5.62M | $7.37M | |
| $90.29K | $86.44K | $187.18K |
NVDS vs. WUGI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | -24.21% | -58.18% | -80.03% | -83.15% | -16.72% |
WUGI AXS Esoterica NextG Economy ETF | 13.37% | 22.66% | 47.14% | 61.30% | -17.04% |
Correlation
The correlation between NVDS and WUGI is -0.66, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.66 |
Correlation (3Y) Balances recent behavior with more history. | -0.77 |
Correlation (All Time) Calculated using the full available price history since Jul 14, 2022 | -0.80 |
The correlation between NVDS and WUGI shifts across timeframes, from -0.80 (all time) to -0.66 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVDS vs. WUGI — Risk / Return Rank
NVDS
WUGI
NVDS vs. WUGI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and AXS Esoterica NextG Economy ETF (WUGI). 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.
| NVDS | WUGI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.35 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.14 | -0.22 |
| Calmar ratioReturn relative to maximum drawdown | -0.75 | 0.95 | -1.71 |
| Martin ratioReturn relative to average drawdown | -1.44 | 3.23 | -4.67 |
Loading charts...
Drawdowns
NVDS vs. WUGI - Drawdown Comparison
The maximum NVDS drawdown since its inception was -99.40%, which is greater than WUGI's maximum drawdown of -56.41%. Use the drawdown chart below to compare losses from any high point for NVDS and WUGI.
Loading charts...
Drawdown Indicators
| NVDS | WUGI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.40% | -56.41% | -42.99% |
Max Drawdown (1Y)Largest decline over 1 year | -47.10% | -23.11% | -23.99% |
Max Drawdown (3Y)Largest decline over 3 years | -95.83% | -27.49% | -68.34% |
Max Drawdown (5Y)Largest decline over 5 years | — | -56.41% | — |
Current DrawdownCurrent decline from peak | -99.31% | -14.72% | -84.59% |
Average DrawdownAverage peak-to-trough decline | -84.02% | -16.44% | -67.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.60% | 6.81% | +17.79% |
Volatility
NVDS vs. WUGI - Volatility Comparison
Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 18.42% compared to AXS Esoterica NextG Economy ETF (WUGI) at 14.70%. This indicates that NVDS's price experiences larger fluctuations and is considered to be riskier than WUGI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NVDS | WUGI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.42% | 14.70% | +3.72% |
Volatility (6M)Calculated over the trailing 6-month period | 43.03% | 28.12% | +14.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 54.77% | 31.28% | +23.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 68.61% | 32.04% | +36.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 68.61% | 31.67% | +36.94% |
NVDS vs. WUGI - Expense Ratio Comparison
NVDS has a 1.15% expense ratio, which is higher than WUGI's 0.75% expense ratio.
Dividends
NVDS vs. WUGI - Dividend Comparison
NVDS's dividend yield for the trailing twelve months is around 18.72%, less than WUGI's 20.14% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 18.72% | 14.19% | 14.11% | 14.69% | 5.72% |
WUGI AXS Esoterica NextG Economy ETF | 20.14% | 22.83% | 4.09% | 0.00% | 0.00% |
Frequently Asked Questions
NVDS and WUGI have a correlation of -0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDS has higher volatility (18.42%) compared to WUGI (14.70%). In terms of maximum drawdown, NVDS dropped -99.40% vs WUGI's -56.41%.
On 3-year performance, WUGI leads with 29.54% vs -62.25% for NVDS. On fees, WUGI is cheaper at 0.75% per year. On volatility, WUGI has been the lower-risk option at 14.70%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, WUGI has performed better with a 29.54% return vs -62.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
WUGI is cheaper with a 0.75% expense ratio, compared with 1.15% for NVDS.
WUGI has the higher dividend yield at 20.14%, compared with 18.72% for NVDS.
NVDS is categorized as Inverse Equities, while WUGI is Large Cap Growth Equities. Their fees differ too: 1.15% for NVDS and 0.75% for WUGI.
WUGI currently has the higher Sharpe Ratio (0.70 vs -0.65), 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.
Find the right allocation for NVDS and WUGI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer