PortfoliosLab logo
NVDU vs. NVDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDU and NVDX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

NVDU vs. NVDX - Performance Comparison

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

100.00%200.00%300.00%400.00%500.00%600.00%700.00%NovemberDecember2025FebruaryMarchApril
146.17%
218.28%
NVDU
NVDX

Key characteristics

Sharpe Ratio

NVDU:

0.09

NVDX:

0.04

Sortino Ratio

NVDU:

0.99

NVDX:

0.93

Omega Ratio

NVDU:

1.12

NVDX:

1.12

Calmar Ratio

NVDU:

0.15

NVDX:

0.07

Martin Ratio

NVDU:

0.34

NVDX:

0.15

Ulcer Index

NVDU:

30.41%

NVDX:

31.10%

Daily Std Dev

NVDU:

119.32%

NVDX:

119.97%

Max Drawdown

NVDU:

-67.27%

NVDX:

-68.19%

Current Drawdown

NVDU:

-60.40%

NVDX:

-61.67%

Returns By Period

The year-to-date returns for both stocks are quite close, with NVDU having a -49.37% return and NVDX slightly lower at -50.43%.


NVDU

YTD

-49.37%

1M

-27.76%

6M

-55.94%

1Y

10.42%

5Y*

N/A

10Y*

N/A

NVDX

YTD

-50.43%

1M

-28.16%

6M

-57.12%

1Y

4.81%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


NVDU vs. NVDX - Expense Ratio Comparison

NVDU has a 1.04% expense ratio, which is lower than NVDX's 1.05% expense ratio.


Expense ratio chart for NVDX: current value is 1.05%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NVDX: 1.05%
Expense ratio chart for NVDU: current value is 1.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
NVDU: 1.04%

Risk-Adjusted Performance

NVDU vs. NVDX — Risk-Adjusted Performance Rank

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

NVDU
The Risk-Adjusted Performance Rank of NVDU is 4545
Overall Rank
The Sharpe Ratio Rank of NVDU is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDU is 6767
Sortino Ratio Rank
The Omega Ratio Rank of NVDU is 6262
Omega Ratio Rank
The Calmar Ratio Rank of NVDU is 3737
Calmar Ratio Rank
The Martin Ratio Rank of NVDU is 3030
Martin Ratio Rank

NVDX
The Risk-Adjusted Performance Rank of NVDX is 4141
Overall Rank
The Sharpe Ratio Rank of NVDX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of NVDX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of NVDX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of NVDX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of NVDX is 2626
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

NVDU vs. NVDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX). 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.


The chart of Sharpe ratio for NVDU, currently valued at 0.09, compared to the broader market-1.000.001.002.003.004.00
NVDU: 0.09
NVDX: 0.04
The chart of Sortino ratio for NVDU, currently valued at 0.99, compared to the broader market-2.000.002.004.006.008.00
NVDU: 0.99
NVDX: 0.93
The chart of Omega ratio for NVDU, currently valued at 1.12, compared to the broader market0.501.001.502.00
NVDU: 1.12
NVDX: 1.12
The chart of Calmar ratio for NVDU, currently valued at 0.15, compared to the broader market0.002.004.006.008.0010.0012.00
NVDU: 0.15
NVDX: 0.07
The chart of Martin ratio for NVDU, currently valued at 0.34, compared to the broader market0.0020.0040.0060.00
NVDU: 0.34
NVDX: 0.15

The current NVDU Sharpe Ratio is 0.09, which is higher than the NVDX Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of NVDU and NVDX, 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 Ratio0.002.004.006.00NovemberDecember2025FebruaryMarchApril
0.09
0.04
NVDU
NVDX

Dividends

NVDU vs. NVDX - Dividend Comparison

NVDU's dividend yield for the trailing twelve months is around 33.84%, more than NVDX's 31.24% yield.


TTM20242023
NVDU
Direxion Daily NVDA Bull 2X Shares ETF
33.84%16.85%0.64%
NVDX
T-REX 2X Long NVIDIA Daily Target ETF
31.24%15.49%0.00%

Drawdowns

NVDU vs. NVDX - Drawdown Comparison

The maximum NVDU drawdown since its inception was -67.27%, roughly equal to the maximum NVDX drawdown of -68.19%. Use the drawdown chart below to compare losses from any high point for NVDU and NVDX. For additional features, visit the drawdowns tool.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-60.40%
-61.67%
NVDU
NVDX

Volatility

NVDU vs. NVDX - Volatility Comparison

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX) have volatilities of 49.60% and 49.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
49.60%
49.35%
NVDU
NVDX