PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
NVDU vs. NVDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDU and NVDA is 1.00, 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.


-0.50.00.51.01.0

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.

100.00%150.00%200.00%250.00%300.00%350.00%400.00%450.00%JulyAugustSeptemberOctoberNovemberDecember
335.62%
196.23%
NVDU
NVDA

Key characteristics

Sharpe Ratio

NVDU:

3.16

NVDA:

3.44

Sortino Ratio

NVDU:

3.04

NVDA:

3.64

Omega Ratio

NVDU:

1.39

NVDA:

1.46

Calmar Ratio

NVDU:

6.12

NVDA:

6.66

Martin Ratio

NVDU:

16.17

NVDA:

20.59

Ulcer Index

NVDU:

19.33%

NVDA:

8.74%

Daily Std Dev

NVDU:

98.90%

NVDA:

52.29%

Max Drawdown

NVDU:

-51.13%

NVDA:

-89.73%

Current Drawdown

NVDU:

-20.40%

NVDA:

-9.52%

Returns By Period

In the year-to-date period, NVDU achieves a 296.16% return, which is significantly higher than NVDA's 172.06% return.


NVDU

YTD

296.16%

1M

-16.32%

6M

-7.73%

1Y

301.78%

5Y*

N/A

10Y*

N/A

NVDA

YTD

172.06%

1M

-7.66%

6M

6.44%

1Y

175.01%

5Y*

86.75%

10Y*

75.35%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

NVDU vs. NVDA - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for NVDU, currently valued at 3.16, compared to the broader market0.002.004.003.163.44
The chart of Sortino ratio for NVDU, currently valued at 3.04, compared to the broader market-2.000.002.004.006.008.0010.003.043.64
The chart of Omega ratio for NVDU, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.46
The chart of Calmar ratio for NVDU, currently valued at 6.12, compared to the broader market0.005.0010.0015.006.126.66
The chart of Martin ratio for NVDU, currently valued at 16.17, compared to the broader market0.0020.0040.0060.0080.00100.0016.1720.59
NVDU
NVDA

The current NVDU Sharpe Ratio is 3.16, which is comparable to the NVDA Sharpe Ratio of 3.44. The chart below compares the historical Sharpe Ratios of NVDU and NVDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.503.003.504.004.505.00Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
3.16
3.44
NVDU
NVDA

Dividends

NVDU vs. NVDA - Dividend Comparison

NVDU's dividend yield for the trailing twelve months is around 15.77%, more than NVDA's 0.02% yield.


TTM20232022202120202019201820172016201520142013
NVDU
Direxion Daily NVDA Bull 2X Shares ETF
15.77%0.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

NVDU vs. NVDA - Drawdown Comparison

The maximum NVDU drawdown since its inception was -51.13%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for NVDU and NVDA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-20.40%
-9.52%
NVDU
NVDA

Volatility

NVDU vs. NVDA - Volatility Comparison

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a higher volatility of 20.54% compared to NVIDIA Corporation (NVDA) at 10.07%. 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.


10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
20.54%
10.07%
NVDU
NVDA
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab