NVDX vs. META

Last updated Jun 14, 2026

NVDX (T-REX 2X Long NVIDIA Daily Target ETF) is Leveraged Equities fund actively managed by REX, while META (Meta Platforms, Inc.) is a stock. Over the past year, NVDX returned 57.42% vs -16.71% for META. At a 0.47 correlation, their price movements are largely independent.

Performance

NVDX vs. META - 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 Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDX achieves a 5.90% return, which is significantly higher than META's -14.03% return.

NVDX

• 1D: 0.28%
• 1M: -26.24%
• YTD: 5.90%
• 6M: 18.39%
• 1Y: 57.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

META

• 1D: -0.26%
• 1M: -7.69%
• YTD: -14.03%
• 6M: -11.84%
• 1Y: -16.71%
• 3Y*: 28.18%
• 5Y*: 11.52%
• 10Y*: 17.39%

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

NVDX vs. META - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
NVDX T-REX 2X Long NVIDIA Daily Target ETF	5.90%	26.24%	384.03%	28.06%
META Meta Platforms, Inc.	-14.03%	13.09%	66.05%	11.67%

Correlation

The correlation between NVDX and META is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	0.47

Return for Risk

NVDX vs. META — Risk / Return Rank

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

NVDX

NVDX Risk / Return Rank: 26
NVDX Sharpe Ratio Rank: 24
NVDX Sortino Ratio Rank: 28
NVDX Omega Ratio Rank: 27
NVDX Calmar Ratio Rank: 27
NVDX Martin Ratio Rank: 23

META

META Risk / Return Rank: 21
META Sharpe Ratio Rank: 20
META Sortino Ratio Rank: 20
META Omega Ratio Rank: 20
META Calmar Ratio Rank: 24
META Martin Ratio Rank: 18

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. META - 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 Meta Platforms, Inc. (META). 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	META	Difference
Sharpe ratio: Return per unit of total volatility	0.73	-0.51	+1.24
Sortino ratio: Return per unit of downside risk	1.38	-0.54	+1.93
Omega ratio: Gain probability vs. loss probability	1.17	0.93	+0.23
Calmar ratio: Return relative to maximum drawdown	1.16	-0.54	+1.71
Martin ratio: Return relative to average drawdown	2.58	-1.12	+3.70

NVDX vs. META - Sharpe Ratio Comparison

The current NVDX Sharpe Ratio is 0.73, which is higher than the META Sharpe Ratio of -0.51. The chart below compares the historical Sharpe Ratios of NVDX and META, 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. META - Drawdown Comparison

The maximum NVDX drawdown since its inception was -68.19%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for NVDX and META.

Drawdown Indicators

	NVDX	META	Difference
Max Drawdown Largest peak-to-trough decline	-68.19%	-76.74%	+8.55%
Max Drawdown (1Y) Largest decline over 1 year	-43.76%	-33.30%	-10.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-34.15%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-76.74%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-76.74%	—
Current Drawdown Current decline from peak	-26.24%	-28.06%	+1.82%
Average Drawdown Average peak-to-trough decline	-20.30%	-15.83%	-4.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.70%	16.06%	+3.64%

Volatility

NVDX vs. META - Volatility Comparison

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 26.64% compared to Meta Platforms, Inc. (META) at 10.17%. This indicates that NVDX's price experiences larger fluctuations and is considered to be riskier than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDX	META	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.64%	10.17%	+16.47%
Volatility (6M) Calculated over the trailing 6-month period	53.29%	26.91%	+26.38%
Volatility (1Y) Calculated over the trailing 1-year period	70.00%	35.52%	+34.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	95.57%	44.04%	+51.53%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.57%	38.67%	+56.90%

Dividends

NVDX vs. META - Dividend Comparison

NVDX's dividend yield for the trailing twelve months is around 3.16%, more than META's 0.37% yield.

Position	TTM	2025	2024
META Meta Platforms, Inc.	0.37%	0.32%	0.34%
NVDX T-REX 2X Long NVIDIA Daily Target ETF	3.16%	3.35%	15.48%

Frequently Asked Questions

Can I hold both NVDX and META in my portfolio?

NVDX and META have a correlation of 0.39, 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 META?

NVDX has higher volatility (26.64%) compared to META (10.17%). In terms of maximum drawdown, NVDX dropped -68.19% vs META's -76.74%.

Which has better risk-adjusted returns?

NVDX currently has the higher Sharpe Ratio (0.73 vs -0.51), 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.