NVDW vs. NVII

Last updated Jun 24, 2026

NVDW (Roundhill NVDA WeeklyPay ETF) and NVII (REX NVIDIA Growth & Income ETF) are both Derivative Income funds. Both are actively managed. Over the past year, NVDW returned 40.81% vs 44.66% for NVII. With a 0.97 correlation, they move nearly in lockstep. Both charge a 0.99% expense ratio.

Performance

NVDW vs. NVII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Roundhill NVDA WeeklyPay ETF (NVDW) and REX NVIDIA Growth & Income ETF (NVII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDW achieves a 6.30% return, which is significantly lower than NVII's 6.79% return.

NVDW

• 1D: -4.59%
• 1M: -8.60%
• YTD: 6.30%
• 6M: 4.41%
• 1Y: 40.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVII

• 1D: -5.17%
• 1M: -7.25%
• YTD: 6.79%
• 6M: 5.86%
• 1Y: 44.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVDW vs. NVII - Yearly Performance Comparison

	2026 (YTD)	2025
NVDW Roundhill NVDA WeeklyPay ETF	6.30%	33.44%
NVII REX NVIDIA Growth & Income ETF	6.79%	47.02%

Correlation

The correlation between NVDW and NVII is 0.99 - 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	0.99
Correlation (All Time) Calculated using the full available price history since Jun 2, 2025	0.97

The correlation between NVDW and NVII has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

NVDW vs. NVII — Risk / Return Rank

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

NVDW

NVDW Risk / Return Rank: 29
NVDW Sharpe Ratio Rank: 28
NVDW Sortino Ratio Rank: 29
NVDW Omega Ratio Rank: 27
NVDW Calmar Ratio Rank: 33
NVDW Martin Ratio Rank: 28

NVII

NVII Risk / Return Rank: 39
NVII Sharpe Ratio Rank: 36
NVII Sortino Ratio Rank: 34
NVII Omega Ratio Rank: 33
NVII Calmar Ratio Rank: 51
NVII Martin Ratio Rank: 38

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. NVII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Roundhill NVDA WeeklyPay ETF (NVDW) and REX NVIDIA Growth & Income ETF (NVII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	NVDW	NVII	Difference
Sharpe ratio: Return per unit of total volatility	0.96	1.24	-0.27
Sortino ratio: Return per unit of downside risk	1.52	1.72	-0.20
Omega ratio: Gain probability vs. loss probability	1.18	1.22	-0.04
Calmar ratio: Return relative to maximum drawdown	1.61	2.43	-0.82
Martin ratio: Return relative to average drawdown	3.72	5.78	-2.06

NVDW vs. NVII - Sharpe Ratio Comparison

The current NVDW Sharpe Ratio is 0.96, which is comparable to the NVII Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of NVDW and NVII, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVDW vs. NVII - Drawdown Comparison

The maximum NVDW drawdown since its inception was -25.54%, which is greater than NVII's maximum drawdown of -18.47%. Use the drawdown chart below to compare losses from any high point for NVDW and NVII.

Drawdown Indicators

	NVDW	NVII	Difference
Max Drawdown Largest peak-to-trough decline	-25.54%	-18.47%	-7.07%
Max Drawdown (1Y) Largest decline over 1 year	-25.54%	-18.47%	-7.07%
Current Drawdown Current decline from peak	-18.09%	-15.44%	-2.65%
Average Drawdown Average peak-to-trough decline	-8.50%	-5.79%	-2.71%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.01%	7.75%	+3.26%

Volatility

NVDW vs. NVII - Volatility Comparison

Roundhill NVDA WeeklyPay ETF (NVDW) and REX NVIDIA Growth & Income ETF (NVII) have volatilities of 15.16% and 14.72%, 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.

Volatility by Period

	NVDW	NVII	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.16%	14.72%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	32.09%	27.34%	+4.75%
Volatility (1Y) Calculated over the trailing 1-year period	42.50%	36.23%	+6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	42.02%	35.73%	+6.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	42.02%	35.73%	+6.29%

NVDW vs. NVII - Expense Ratio Comparison

Both NVDW and NVII have an expense ratio of 0.99%.

Dividends

NVDW vs. NVII - Dividend Comparison

NVDW's dividend yield for the trailing twelve months is around 63.83%, more than NVII's 57.45% yield.

Position	TTM	2025
NVDW Roundhill NVDA WeeklyPay ETF	63.83%	38.94%
NVII REX NVIDIA Growth & Income ETF	57.45%	29.17%

Frequently Asked Questions

Can I hold both NVDW and NVII in my portfolio?

With a correlation of 0.99, NVDW and NVII 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, NVDW or NVII?

NVDW has higher volatility (15.16%) compared to NVII (14.72%). In terms of maximum drawdown, NVDW dropped -25.54% vs NVII's -18.47%.

Which ETF is better, NVDW or NVII?

On 1-year performance, NVII leads with 44.66% vs 40.81% for NVDW. Both ETFs have the same 0.99% expense ratio. On volatility, NVII has been the lower-risk option at 14.72%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVDW or NVII?

Over the 1-year period, NVII has performed better with a 44.66% return vs 40.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVDW or NVII?

NVDW and NVII have the same expense ratio: 0.99% per year.

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

NVDW has the higher dividend yield at 63.83%, compared with 57.45% for NVII.

What is the main difference between NVDW and NVII?

They also come from different issuers: Roundhill and REX.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (1.24 vs 0.96), 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.