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NVDU vs. SWPPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between NVDU and SWPPX is 0.58, 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.


-0.50.00.51.00.6

Performance

NVDU vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-30.00%-20.00%-10.00%0.00%10.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
-13.47%
6.77%
NVDU
SWPPX

Key characteristics

Sharpe Ratio

NVDU:

2.73

SWPPX:

1.84

Sortino Ratio

NVDU:

2.86

SWPPX:

2.47

Omega Ratio

NVDU:

1.36

SWPPX:

1.34

Calmar Ratio

NVDU:

5.28

SWPPX:

2.75

Martin Ratio

NVDU:

13.99

SWPPX:

11.98

Ulcer Index

NVDU:

19.29%

SWPPX:

1.94%

Daily Std Dev

NVDU:

98.86%

SWPPX:

12.64%

Max Drawdown

NVDU:

-51.13%

SWPPX:

-55.06%

Current Drawdown

NVDU:

-25.35%

SWPPX:

-4.76%

Returns By Period

In the year-to-date period, NVDU achieves a 271.49% return, which is significantly higher than SWPPX's 23.15% return.


NVDU

YTD

271.49%

1M

-22.85%

6M

-18.65%

1Y

287.00%

5Y*

N/A

10Y*

N/A

SWPPX

YTD

23.15%

1M

-1.90%

6M

6.61%

1Y

25.06%

5Y*

14.27%

10Y*

12.81%

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. SWPPX - Expense Ratio Comparison

NVDU has a 1.04% expense ratio, which is higher than SWPPX's 0.02% expense ratio.


NVDU
Direxion Daily NVDA Bull 2X Shares ETF
Expense ratio chart for NVDU: current value at 1.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.04%
Expense ratio chart for SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

NVDU vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily NVDA Bull 2X Shares ETF (NVDU) and Schwab S&P 500 Index Fund (SWPPX). 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 2.73, compared to the broader market0.002.004.002.731.84
The chart of Sortino ratio for NVDU, currently valued at 2.86, compared to the broader market-2.000.002.004.006.008.0010.002.862.47
The chart of Omega ratio for NVDU, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.361.34
The chart of Calmar ratio for NVDU, currently valued at 5.28, compared to the broader market0.005.0010.0015.005.282.75
The chart of Martin ratio for NVDU, currently valued at 13.99, compared to the broader market0.0020.0040.0060.0080.00100.0013.9911.98
NVDU
SWPPX

The current NVDU Sharpe Ratio is 2.73, which is higher than the SWPPX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of NVDU and SWPPX, 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 Ratio2.003.004.005.00Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
2.73
1.84
NVDU
SWPPX

Dividends

NVDU vs. SWPPX - Dividend Comparison

NVDU's dividend yield for the trailing twelve months is around 17.02%, while SWPPX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
NVDU
Direxion Daily NVDA Bull 2X Shares ETF
16.82%0.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SWPPX
Schwab S&P 500 Index Fund
0.00%1.43%1.67%1.17%1.81%1.77%2.20%1.75%1.99%2.15%1.80%1.67%

Drawdowns

NVDU vs. SWPPX - Drawdown Comparison

The maximum NVDU drawdown since its inception was -51.13%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for NVDU and SWPPX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-25.35%
-4.76%
NVDU
SWPPX

Volatility

NVDU vs. SWPPX - Volatility Comparison

Direxion Daily NVDA Bull 2X Shares ETF (NVDU) has a higher volatility of 19.07% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.79%. This indicates that NVDU's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
19.07%
3.79%
NVDU
SWPPX
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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.

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