NVDX vs. INTW

Last updated Aug 2, 2026

NVDX (T-REX 2X Long NVIDIA Daily Target ETF) and INTW (GraniteShares 2x Long INTC Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, NVDX returned -0.09% vs 991.22% for INTW. Their 0.32 correlation means their historical movements had little consistent relationship. NVDX charges 1.05%/yr vs 1.50%/yr for INTW.

Performance

NVDX vs. INTW - 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 GraniteShares 2x Long INTC Daily ETF (INTW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDX achieves a -2.69% return, which is significantly lower than INTW's 259.86% return.

NVDX

• 1D: 5.58%
• 1M: 3.93%
• 6M: -5.82%
• YTD: -2.69%
• 1Y: -0.09%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 107.47%

INTW

• 1D: -2.27%
• 1M: -47.68%
• 6M: 152.57%
• YTD: 259.86%
• 1Y: 991.22%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 233.14%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
INTW GraniteShares 2x Long INTC Daily ETF	$147.32M	$136.96M	$217.62M
NVDX T-REX 2X Long NVIDIA Daily Target ETF	$104.20M	$115.30M	$173.21M

NVDX vs. INTW - Yearly Performance Comparison

	2026 (YTD)	2025
NVDX T-REX 2X Long NVIDIA Daily Target ETF	-2.69%	45.35%
INTW GraniteShares 2x Long INTC Daily ETF	259.86%	60.89%

Correlation

The correlation between NVDX and INTW is 0.32, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.32
Correlation (All Time) Calculated using the full available price history since Feb 13, 2025	0.32

NVDX vs. INTW - Sectors Allocation Comparison

Sectors	NVDX	INTW
Technology	100.0%	66.6%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Industrials	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

NVDX vs. INTW — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NVDX

NVDX Risk / Return Rank: 12
NVDX Sharpe Ratio Rank: 10
NVDX Sortino Ratio Rank: 15
NVDX Omega Ratio Rank: 15
NVDX Calmar Ratio Rank: 9
NVDX Martin Ratio Rank: 9

INTW

INTW Risk / Return Rank: 97
INTW Sharpe Ratio Rank: 99
INTW Sortino Ratio Rank: 95
INTW Omega Ratio Rank: 93
INTW Calmar Ratio Rank: 99
INTW Martin Ratio Rank: 98

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NVDX vs. INTW - 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 GraniteShares 2x Long INTC Daily ETF (INTW). 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.

	NVDX	INTW	Difference
Sharpe ratio: Return per unit of total volatility	-0.07	5.98	-6.05
Sortino ratio: Return per unit of downside risk	0.42	4.00	-3.58
Omega ratio: Gain probability vs. loss probability	1.05	1.49	-0.44
Calmar ratio: Return relative to maximum drawdown	-0.11	13.60	-13.71
Martin ratio: Return relative to average drawdown	-0.22	36.74	-36.96

NVDX vs. INTW - Sharpe Ratio Comparison

The current NVDX Sharpe Ratio is -0.07, which is lower than the INTW Sharpe Ratio of 5.98. The chart below compares the historical Sharpe Ratios of NVDX and INTW, 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

NVDX vs. INTW - Drawdown Comparison

The maximum NVDX drawdown since its inception was -68.19%, roughly equal to the maximum INTW drawdown of -69.16%. Use the drawdown chart below to compare losses from any high point for NVDX and INTW.

Drawdown Indicators

	NVDX	INTW	Difference
Max Drawdown Largest peak-to-trough decline	-68.19%	-69.16%	+0.97%
Max Drawdown (1Y) Largest decline over 1 year	-43.76%	-69.16%	+25.40%
Current Drawdown Current decline from peak	-32.22%	-62.96%	+30.74%
Average Drawdown Average peak-to-trough decline	-20.74%	-30.60%	+9.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	22.46%	25.56%	-3.10%

Volatility

NVDX vs. INTW - Volatility Comparison

The current volatility for T-REX 2X Long NVIDIA Daily Target ETF (NVDX) is 24.18%, while GraniteShares 2x Long INTC Daily ETF (INTW) has a volatility of 48.12%. This indicates that NVDX experiences smaller price fluctuations and is considered to be less risky than INTW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDX	INTW	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.18%	48.12%	-23.94%
Volatility (6M) Calculated over the trailing 6-month period	56.63%	117.12%	-60.49%
Volatility (1Y) Calculated over the trailing 1-year period	72.80%	157.38%	-84.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.85%	150.65%	-55.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.85%	150.65%	-55.80%

NVDX vs. INTW - Expense Ratio Comparison

NVDX has a 1.05% expense ratio, which is lower than INTW's 1.50% expense ratio.

Dividends

NVDX vs. INTW - Dividend Comparison

NVDX's dividend yield for the trailing twelve months is around 3.44%, while INTW has not paid dividends to shareholders.

Position	TTM	2025	2024
INTW GraniteShares 2x Long INTC Daily ETF	0.00%	0.00%	0.00%
NVDX T-REX 2X Long NVIDIA Daily Target ETF	3.44%	3.35%	15.48%

Frequently Asked Questions

Can I hold both NVDX and INTW in my portfolio?

NVDX and INTW have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVDX or INTW?

INTW has higher volatility (48.12%) compared to NVDX (24.18%). In terms of maximum drawdown, NVDX dropped -68.19% vs INTW's -69.16%.

Which ETF is better, NVDX or INTW?

On 1-year performance, INTW leads with 991.22% vs -0.09% for NVDX. On fees, NVDX is cheaper at 1.05% per year. On volatility, NVDX has been the lower-risk option at 24.18%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVDX or INTW?

Over the 1-year period, INTW has performed better with a 991.22% return vs -0.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVDX or INTW?

NVDX is cheaper with a 1.05% expense ratio, compared with 1.50% for INTW.

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

NVDX has the higher dividend yield at 3.44%, compared with 0.00% for INTW.

What is the main difference between NVDX and INTW?

They also come from different issuers: REX and GraniteShares. Their fees differ too: 1.05% for NVDX and 1.50% for INTW.

Which has better risk-adjusted returns?

INTW currently has the higher Sharpe Ratio (5.98 vs -0.07), 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.