NVDW vs. BLOX

Last updated Jun 4, 2026

NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) and BLOX (Nicholas Crypto Income ETF) are both exchange-traded funds - NVDW is a Derivative Income fund actively managed by Roundhill, while BLOX is a Cryptocurrency fund actively managed by Nicholas. Both are actively managed. At a 0.47 correlation, their price movements are largely independent. NVDW charges 0.99%/yr vs 1.03%/yr for BLOX.

Performance

NVDW vs. BLOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) and Nicholas Crypto Income ETF (BLOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with NVDW having a 15.96% return and BLOX slightly higher at 16.52%.

NVDW

• 1D: -4.20%
• 1M: 9.65%
• YTD: 15.96%
• 6M: 20.80%
• 1Y: 56.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BLOX

• 1D: -2.56%
• 1M: 10.59%
• YTD: 16.52%
• 6M: 5.53%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVDW vs. BLOX - Yearly Performance Comparison

	2026 (YTD)	2025
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	15.96%	32.42%
BLOX Nicholas Crypto Income ETF	16.52%	9.24%

Correlation

The correlation between NVDW and BLOX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.47

Return for Risk

NVDW vs. BLOX — Risk / Return Rank

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

NVDW

NVDW Risk / Return Rank: 38
NVDW Sharpe Ratio Rank: 38
NVDW Sortino Ratio Rank: 38
NVDW Omega Ratio Rank: 35
NVDW Calmar Ratio Rank: 45
NVDW Martin Ratio Rank: 35

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.

NVDW vs. BLOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) and Nicholas Crypto Income ETF (BLOX). 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.

	NVDW	BLOX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.99	—	—
Omega ratio: Gain probability vs. loss probability	1.24	—	—
Calmar ratio: Return relative to maximum drawdown	2.24	—	—
Martin ratio: Return relative to average drawdown	5.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVDW	BLOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.39	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	0.54	+0.98

Drawdowns

NVDW vs. BLOX - Drawdown Comparison

The maximum NVDW drawdown since its inception was -25.54%, smaller than the maximum BLOX drawdown of -47.09%. Use the drawdown chart below to compare losses from any high point for NVDW and BLOX.

Drawdown Indicators

	NVDW	BLOX	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-47.09%	+21.55%
Max Drawdown (1Y) Largest decline over 1 year	-25.54%	—	—
Current Drawdown Current decline from peak	-10.65%	-19.45%	+8.80%
Average Drawdown Average peak-to-trough decline	-8.19%	-18.53%	+10.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.49%	—	—

Volatility

Volatility by Period

	NVDW	BLOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.04%	—	—
Volatility (6M) Calculated over the trailing 6-month period	30.74%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.15%	53.44%	-12.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.15%	53.44%	-12.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.15%	53.44%	-12.29%

NVDW vs. BLOX - Expense Ratio Comparison

NVDW has a 0.99% expense ratio, which is lower than BLOX's 1.03% expense ratio.

Dividends

NVDW vs. BLOX - Dividend Comparison

NVDW's dividend yield for the trailing twelve months is around 58.16%, more than BLOX's 36.81% yield.

Position	TTM	2025
BLOX Nicholas Crypto Income ETF	36.81%	22.69%
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF	58.16%	38.94%

Frequently Asked Questions

Can I hold both NVDW and BLOX in my portfolio?

NVDW and BLOX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVDW or BLOX?

On fees, NVDW is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVDW or BLOX?

NVDW is cheaper with a 0.99% expense ratio, compared with 1.03% for BLOX.

Which ETF pays a higher dividend yield, NVDW or BLOX?

NVDW has the higher dividend yield at 58.16%, compared with 36.81% for BLOX.

What is the main difference between NVDW and BLOX?

NVDW is categorized as Derivative Income, while BLOX is Cryptocurrency. They also come from different issuers: Roundhill and Nicholas. Their fees differ too: 0.99% for NVDW and 1.03% for BLOX.