NVDU vs. IBID

Last updated Jun 4, 2026

NVDU (Direxion Daily NVDA Bull 2X Shares ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - NVDU is a Leveraged Equities fund actively managed by Direxion, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. NVDU is actively managed, while IBID is passively managed. Over the past year, NVDU returned 84.73% vs 4.83% for IBID. At a correlation of -0.10, they often move in opposite directions. NVDU charges 1.04%/yr vs 0.10%/yr for IBID.

Performance

NVDU vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDU achieves a 19.93% return, which is significantly higher than IBID's 2.46% return.

NVDU

• 1D: -7.30%
• 1M: 14.13%
• YTD: 19.93%
• 6M: 27.09%
• 1Y: 84.73%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.08%
• 1M: 0.49%
• YTD: 2.46%
• 6M: 2.57%
• 1Y: 4.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVDU vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	19.93%	33.65%	289.29%	16.05%
IBID iShares iBonds Oct 2027 Term TIPS ETF	2.46%	5.66%	4.71%	2.61%

Correlation

The correlation between NVDU and IBID is -0.19, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.19
Correlation (All Time) Calculated using the full available price history since Sep 18, 2023	-0.10

Return for Risk

NVDU vs. IBID — Risk / Return Rank

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

NVDU

NVDU Risk / Return Rank: 34
NVDU Sharpe Ratio Rank: 34
NVDU Sortino Ratio Rank: 35
NVDU Omega Ratio Rank: 33
NVDU Calmar Ratio Rank: 40
NVDU Martin Ratio Rank: 31

IBID

IBID Risk / Return Rank: 97
IBID Sharpe Ratio Rank: 95
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 97
IBID Calmar Ratio Rank: 98
IBID Martin Ratio Rank: 96

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.

NVDU vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.

	NVDU	IBID	Difference
Sharpe ratio: Return per unit of total volatility	1.26	3.91	-2.65
Sortino ratio: Return per unit of downside risk	1.89	6.75	-4.86
Omega ratio: Gain probability vs. loss probability	1.23	1.94	-0.71
Calmar ratio: Return relative to maximum drawdown	2.02	13.33	-11.31
Martin ratio: Return relative to average drawdown	4.60	39.52	-34.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDU vs. IBID - Sharpe Ratio Comparison

The current NVDU Sharpe Ratio is 1.26, which is lower than the IBID Sharpe Ratio of 3.91. The chart below compares the historical Sharpe Ratios of NVDU and IBID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NVDU	IBID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.26	3.91	-2.65
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	2.56	-1.42

Drawdowns

NVDU vs. IBID - Drawdown Comparison

The maximum NVDU drawdown since its inception was -67.27%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for NVDU and IBID.

Drawdown Indicators

	NVDU	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-67.27%	-1.28%	-65.99%
Max Drawdown (1Y) Largest decline over 1 year	-42.27%	-0.36%	-41.91%
Current Drawdown Current decline from peak	-18.32%	0.00%	-18.32%
Average Drawdown Average peak-to-trough decline	-18.84%	-0.22%	-18.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.47%	0.12%	+18.35%

Volatility

NVDU vs. IBID - Volatility Comparison

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a higher volatility of 24.74% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.32%. This indicates that NVDU's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDU	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.74%	0.32%	+24.42%
Volatility (6M) Calculated over the trailing 6-month period	50.50%	0.80%	+49.70%
Volatility (1Y) Calculated over the trailing 1-year period	68.02%	1.25%	+66.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.06%	2.25%	+88.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.06%	2.25%	+88.81%

NVDU vs. IBID - Expense Ratio Comparison

NVDU has a 1.04% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

NVDU vs. IBID - Dividend Comparison

NVDU's dividend yield for the trailing twelve months is around 4.83%, more than IBID's 3.66% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.66%	4.43%	4.24%	0.81%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	4.83%	5.68%	16.85%	0.63%

Frequently Asked Questions

Can I hold both NVDU and IBID in my portfolio?

NVDU and IBID have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVDU or IBID?

NVDU has higher volatility (24.74%) compared to IBID (0.32%). In terms of maximum drawdown, NVDU dropped -67.27% vs IBID's -1.28%.

Which ETF is better, NVDU or IBID?

On 1-year performance, NVDU leads with 84.73% vs 4.83% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVDU or IBID?

Over the 1-year period, NVDU has performed better with a 84.73% return vs 4.83%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVDU or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 1.04% for NVDU.

Which ETF pays a higher dividend yield, NVDU or IBID?

NVDU has the higher dividend yield at 4.83%, compared with 3.66% for IBID.

What is the main difference between NVDU and IBID?

NVDU is categorized as Leveraged Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: Direxion and iShares. Their fees differ too: 1.04% for NVDU and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.91 vs 1.26), 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.