NVDS vs. YALL
Compare and contrast key facts about Tradr 1.25X NVDA Bear Daily ETF (NVDS) and God Bless America ETF (YALL).
NVDS and YALL 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 Investments that tracks the performance of the NVIDIA Corporation (-125%). It was launched on Jul 13, 2022. YALL is an actively managed fund by Tidal ETFs. It was launched on Oct 10, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVDS or YALL.
Correlation
The correlation between NVDS and YALL is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
NVDS vs. YALL - Performance Comparison
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Key characteristics
NVDS:
-0.70
YALL:
1.01
NVDS:
-0.87
YALL:
1.62
NVDS:
0.90
YALL:
1.21
NVDS:
-0.61
YALL:
1.13
NVDS:
-1.27
YALL:
4.10
NVDS:
47.45%
YALL:
5.43%
NVDS:
87.46%
YALL:
21.48%
NVDS:
-99.63%
YALL:
-19.72%
NVDS:
-99.63%
YALL:
-2.31%
Returns By Period
In the year-to-date period, NVDS achieves a -15.85% return, which is significantly lower than YALL's 4.47% return.
NVDS
-15.85%
-16.87%
-7.08%
-60.74%
N/A
N/A
YALL
4.47%
11.81%
-0.46%
21.57%
N/A
N/A
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NVDS vs. YALL - Expense Ratio Comparison
NVDS has a 1.15% expense ratio, which is higher than YALL's 0.65% expense ratio.
Risk-Adjusted Performance
NVDS vs. YALL — Risk-Adjusted Performance Rank
NVDS
YALL
NVDS vs. YALL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and God Bless America ETF (YALL). 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.
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Dividends
NVDS vs. YALL - Dividend Comparison
Neither NVDS nor YALL has paid dividends to shareholders.
Drawdowns
NVDS vs. YALL - Drawdown Comparison
The maximum NVDS drawdown since its inception was -99.63%, which is greater than YALL's maximum drawdown of -19.72%. Use the drawdown chart below to compare losses from any high point for NVDS and YALL. For additional features, visit the drawdowns tool.
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Volatility
NVDS vs. YALL - Volatility Comparison
Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 20.72% compared to God Bless America ETF (YALL) at 6.14%. This indicates that NVDS's price experiences larger fluctuations and is considered to be riskier than YALL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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