NVDX vs. FUTG

Last updated Jun 5, 2026

NVDX (T-REX 2X Long NVIDIA Daily Target ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. NVDX charges 1.05%/yr vs 0.75%/yr for FUTG.

Performance

NVDX vs. FUTG - Performance Comparison

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

Returns By Period

In the year-to-date period, NVDX achieves a 21.55% return, which is significantly higher than FUTG's -75.53% return.

NVDX

• 1D: 3.58%
• 1M: 20.64%
• YTD: 21.55%
• 6M: 23.12%
• 1Y: 80.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVDX vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
NVDX T-REX 2X Long NVIDIA Daily Target ETF	21.55%	0.48%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between NVDX and FUTG is 0.43, 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 Oct 15, 2025	0.43

Return for Risk

NVDX vs. FUTG — Risk / Return Rank

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

NVDX

NVDX Risk / Return Rank: 34
NVDX Sharpe Ratio Rank: 34
NVDX Sortino Ratio Rank: 36
NVDX Omega Ratio Rank: 33
NVDX Calmar Ratio Rank: 38
NVDX Martin Ratio Rank: 30

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.

NVDX vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long NVIDIA Daily Target ETF (NVDX) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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.

	NVDX	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	1.18	—	—
Sortino ratio: Return per unit of downside risk	1.82	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.84	—	—
Martin ratio: Return relative to average drawdown	4.16	—	—
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

	NVDX	FUTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.47	-0.66	+2.13

Drawdowns

NVDX vs. FUTG - Drawdown Comparison

The maximum NVDX drawdown since its inception was -68.19%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for NVDX and FUTG.

Drawdown Indicators

	NVDX	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-68.19%	-86.19%	+18.00%
Max Drawdown (1Y) Largest decline over 1 year	-43.76%	—	—
Current Drawdown Current decline from peak	-15.34%	-84.29%	+68.95%
Average Drawdown Average peak-to-trough decline	-20.27%	-40.35%	+20.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.29%	—	—

Volatility

Volatility by Period

	NVDX	FUTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.67%	—	—
Volatility (6M) Calculated over the trailing 6-month period	50.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.32%	136.01%	-67.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.53%	136.01%	-40.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.53%	136.01%	-40.48%

NVDX vs. FUTG - Expense Ratio Comparison

NVDX has a 1.05% expense ratio, which is higher than FUTG's 0.75% expense ratio.

Dividends

NVDX vs. FUTG - Dividend Comparison

NVDX's dividend yield for the trailing twelve months is around 2.76%, while FUTG has not paid dividends to shareholders.

Position	TTM	2025	2024
FUTG Leverage Shares 2X Long FUTU Daily ETF	0.00%	0.00%	0.00%
NVDX T-REX 2X Long NVIDIA Daily Target ETF	2.76%	3.35%	15.48%

Frequently Asked Questions

Can I hold both NVDX and FUTG in my portfolio?

NVDX and FUTG have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVDX or FUTG?

On fees, FUTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVDX or FUTG?

FUTG is cheaper with a 0.75% expense ratio, compared with 1.05% for NVDX.

Which ETF pays a higher dividend yield, NVDX or FUTG?

NVDX has the higher dividend yield at 2.76%, compared with 0.00% for FUTG.

What is the main difference between NVDX and FUTG?

They also come from different issuers: REX and Leverage Shares. Their fees differ too: 1.05% for NVDX and 0.75% for FUTG.