NVDS vs. YQQQ

Last updated Apr 2, 2026

Compare and contrast key facts about Tradr 1.25X NVDA Bear Daily ETF (NVDS) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).

NVDS and YQQQ 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. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.

Performance

NVDS vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 1.25X NVDA Bear Daily ETF (NVDS) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

NVDS vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NVDS Tradr 1.25X NVDA Bear Daily ETF	4.50%	-58.18%	-20.46%
YQQQ YieldMax Short N100 Option Income Strategy ETF	10.57%	-9.97%	-4.06%

Returns By Period

In the year-to-date period, NVDS achieves a 4.50% return, which is significantly lower than YQQQ's 10.57% return.

NVDS

• 1D: -1.15%
• 1M: 4.35%
• YTD: 4.50%
• 6M: 0.81%
• 1Y: -61.30%
• 3Y*: -66.92%
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -1.10%
• 1M: 5.50%
• YTD: 10.57%
• 6M: 12.35%
• 1Y: -7.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVDS vs. YQQQ - Expense Ratio Comparison

NVDS has a 1.15% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

NVDS

Tradr 1.25X NVDA Bear Daily ETF

YQQQ

YieldMax Short N100 Option Income Strategy ETF

Return for Risk

NVDS vs. YQQQ — Risk / Return Rank

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

NVDS

NVDS Risk / Return Rank: 1
NVDS Sharpe Ratio Rank: 0
NVDS Sortino Ratio Rank: 1
NVDS Omega Ratio Rank: 1
NVDS Calmar Ratio Rank: 1
NVDS Martin Ratio Rank: 4

YQQQ

YQQQ Risk / Return Rank: 6
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 4
YQQQ Calmar Ratio Rank: 7
YQQQ Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVDS vs. YQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 1.25X NVDA Bear Daily ETF (NVDS) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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	YQQQ	Difference
Sharpe ratio Return per unit of total volatility	-1.00	-0.42	-0.58
Sortino ratio Return per unit of downside risk	-1.58	-0.44	-1.14
Omega ratio Gain probability vs. loss probability	0.80	0.93	-0.13
Calmar ratio Return relative to maximum drawdown	-0.84	-0.31	-0.54
Martin ratio Return relative to average drawdown	-0.99	-0.41	-0.59
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDS vs. YQQQ - Sharpe Ratio Comparison

The current NVDS Sharpe Ratio is -1.00, which is lower than the YQQQ Sharpe Ratio of -0.42. The chart below compares the historical Sharpe Ratios of NVDS and YQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NVDS	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.00	-0.42	-0.58
Sharpe Ratio (All Time) Calculated using the full available price history	-1.00	-0.17	-0.83

Correlation

The correlation between NVDS and YQQQ is 0.70, 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.

Dividends

NVDS vs. YQQQ - Dividend Comparison

NVDS's dividend yield for the trailing twelve months is around 13.58%, less than YQQQ's 27.65% yield.

	TTM	2025	2024	2023	2022
NVDS Tradr 1.25X NVDA Bear Daily ETF	13.58%	14.19%	14.11%	14.69%	5.72%
YQQQ YieldMax Short N100 Option Income Strategy ETF	27.65%	31.71%	7.88%	0.00%	0.00%

Drawdowns

NVDS vs. YQQQ - Drawdown Comparison

The maximum NVDS drawdown since its inception was -99.20%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for NVDS and YQQQ.

Drawdown Indicators

	NVDS	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-99.20%	-24.85%	-74.35%
Max Drawdown (1Y) Largest decline over 1 year	-73.78%	-24.85%	-48.93%
Current Drawdown Current decline from peak	-99.04%	-12.77%	-86.27%
Average Drawdown Average peak-to-trough decline	-82.67%	-13.36%	-69.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	62.62%	18.68%	+43.94%

Volatility

NVDS vs. YQQQ - Volatility Comparison

Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a higher volatility of 15.70% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 5.37%. This indicates that NVDS's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDS	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.70%	5.37%	+10.33%
Volatility (6M) Calculated over the trailing 6-month period	38.76%	9.43%	+29.33%
Volatility (1Y) Calculated over the trailing 1-year period	61.42%	17.32%	+44.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.38%	16.38%	+53.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.38%	16.38%	+53.00%