NVDU vs. NVDA

Last updated Jun 3, 2026

NVDU (Direxion Daily NVDA Bull 2X Shares ETF) is Leveraged Equities fund actively managed by Direxion, while NVDA (NVIDIA Corporation) is a stock. Over the past year, NVDU returned 110.52% vs 62.23% for NVDA. With a 1.00 correlation, they move nearly in lockstep.

Performance

NVDU vs. NVDA - Performance Comparison

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

Returns By Period

In the year-to-date period, NVDU achieves a 29.37% return, which is significantly higher than NVDA's 19.48% return.

NVDU

• 1D: -1.47%
• 1M: 23.27%
• YTD: 29.37%
• 6M: 34.58%
• 1Y: 110.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDA

• 1D: -0.69%
• 1M: 12.28%
• YTD: 19.48%
• 6M: 22.81%
• 1Y: 62.23%
• 3Y*: 78.33%
• 5Y*: 67.45%
• 10Y*: 69.46%

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

NVDU vs. NVDA - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	29.37%	33.65%	289.29%	9.96%
NVDA NVIDIA Corporation	19.48%	38.92%	171.25%	8.89%

Correlation

The correlation between NVDU and NVDA is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (All Time) Calculated using the full available price history since Sep 14, 2023	1.00

The correlation between NVDU and NVDA has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

NVDU vs. NVDA — Risk / Return Rank

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

NVDU

NVDU Risk / Return Rank: 45
NVDU Sharpe Ratio Rank: 47
NVDU Sortino Ratio Rank: 44
NVDU Omega Ratio Rank: 41
NVDU Calmar Ratio Rank: 56
NVDU Martin Ratio Rank: 40

NVDA

NVDA Risk / Return Rank: 82
NVDA Sharpe Ratio Rank: 85
NVDA Sortino Ratio Rank: 82
NVDA Omega Ratio Rank: 79
NVDA Calmar Ratio Rank: 83
NVDA Martin Ratio Rank: 83

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. NVDA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and NVIDIA Corporation (NVDA). 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	NVDA	Difference
Sharpe ratio Return per unit of total volatility	1.64	1.84	-0.19
Sortino ratio Return per unit of downside risk	2.21	2.47	-0.26
Omega ratio Gain probability vs. loss probability	1.27	1.30	-0.03
Calmar ratio Return relative to maximum drawdown	2.80	3.21	-0.41
Martin ratio Return relative to average drawdown	6.42	7.92	-1.51
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. NVDA - Sharpe Ratio Comparison

The current NVDU Sharpe Ratio is 1.64, which is comparable to the NVDA Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of NVDU and NVDA, 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	NVDA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.84	-0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.31	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.40	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	0.63	+0.58

Drawdowns

NVDU vs. NVDA - Drawdown Comparison

The maximum NVDU drawdown since its inception was -67.27%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for NVDU and NVDA.

Drawdown Indicators

	NVDU	NVDA	Difference
Max Drawdown Largest peak-to-trough decline	-67.27%	-89.72%	+22.45%
Max Drawdown (1Y) Largest decline over 1 year	-42.27%	-20.21%	-22.06%
Max Drawdown (3Y) Largest decline over 3 years	—	-36.88%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-66.34%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-66.34%	—
Current Drawdown Current decline from peak	-11.89%	-5.48%	-6.41%
Average Drawdown Average peak-to-trough decline	-18.84%	-36.21%	+17.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.44%	8.20%	+10.24%

Volatility

NVDU vs. NVDA - Volatility Comparison

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a higher volatility of 23.20% compared to NVIDIA Corporation (NVDA) at 11.79%. This indicates that NVDU's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDU	NVDA	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.20%	11.79%	+11.41%
Volatility (6M) Calculated over the trailing 6-month period	49.98%	25.29%	+24.69%
Volatility (1Y) Calculated over the trailing 1-year period	67.67%	34.03%	+33.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	91.00%	51.66%	+39.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	91.00%	49.80%	+41.20%

Dividends

NVDU vs. NVDA - Dividend Comparison

NVDU's dividend yield for the trailing twelve months is around 4.48%, more than NVDA's 0.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDA NVIDIA Corporation	0.02%	0.02%	0.03%	0.03%	0.11%	0.05%	0.12%	0.27%	0.46%	0.29%	0.45%	1.20%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	4.48%	5.68%	16.85%	0.63%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVDU and NVDA in my portfolio?

With a correlation of 1.00, NVDU and NVDA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, NVDU or NVDA?

NVDU has higher volatility (23.20%) compared to NVDA (11.79%). In terms of maximum drawdown, NVDU dropped -67.27% vs NVDA's -89.72%.

Which has better risk-adjusted returns?

NVDA currently has the higher Sharpe Ratio (1.84 vs 1.64), 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.