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NVDX vs. NVDA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


NVDXNVDA
YTD Return500.48%195.43%
1Y Return483.46%194.66%
Sharpe Ratio4.903.88
Sortino Ratio3.663.90
Omega Ratio1.471.50
Calmar Ratio9.927.43
Martin Ratio25.9123.42
Ulcer Index19.64%8.58%
Daily Std Dev103.77%51.77%
Max Drawdown-51.26%-89.73%
Current Drawdown-4.08%-1.75%

Correlation

-0.50.00.51.01.0

The correlation between NVDX and NVDA is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Performance

NVDX vs. NVDA - Performance Comparison

In the year-to-date period, NVDX achieves a 500.48% return, which is significantly higher than NVDA's 195.43% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%20.00%40.00%60.00%80.00%100.00%JuneJulyAugustSeptemberOctoberNovember
89.80%
54.60%
NVDX
NVDA

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Risk-Adjusted Performance

NVDX vs. NVDA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long NVIDIA Daily Target ETF (NVDX) and NVIDIA Corporation (NVDA). 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
Sharpe ratio
The chart of Sharpe ratio for NVDX, currently valued at 4.90, compared to the broader market-2.000.002.004.004.90
Sortino ratio
The chart of Sortino ratio for NVDX, currently valued at 3.66, compared to the broader market-2.000.002.004.006.008.0010.0012.003.66
Omega ratio
The chart of Omega ratio for NVDX, currently valued at 1.47, compared to the broader market1.001.502.002.503.001.47
Calmar ratio
The chart of Calmar ratio for NVDX, currently valued at 9.92, compared to the broader market0.005.0010.0015.009.92
Martin ratio
The chart of Martin ratio for NVDX, currently valued at 25.91, compared to the broader market0.0020.0040.0060.0080.00100.00120.0025.91
NVDA
Sharpe ratio
The chart of Sharpe ratio for NVDA, currently valued at 3.88, compared to the broader market-2.000.002.004.003.88
Sortino ratio
The chart of Sortino ratio for NVDA, currently valued at 3.90, compared to the broader market-2.000.002.004.006.008.0010.0012.003.90
Omega ratio
The chart of Omega ratio for NVDA, currently valued at 1.50, compared to the broader market1.001.502.002.503.001.50
Calmar ratio
The chart of Calmar ratio for NVDA, currently valued at 7.43, compared to the broader market0.005.0010.0015.007.43
Martin ratio
The chart of Martin ratio for NVDA, currently valued at 23.42, compared to the broader market0.0020.0040.0060.0080.00100.00120.0023.42

NVDX vs. NVDA - Sharpe Ratio Comparison

The current NVDX Sharpe Ratio is 4.90, which is comparable to the NVDA Sharpe Ratio of 3.88. The chart below compares the historical Sharpe Ratios of NVDX and NVDA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio3.504.004.505.005.506.006.507.00Thu 24Sat 26Mon 28Wed 30NovemberNov 03Tue 05Thu 07Sat 09Mon 11Wed 13
4.90
3.88
NVDX
NVDA

Dividends

NVDX vs. NVDA - Dividend Comparison

NVDX has not paid dividends to shareholders, while NVDA's dividend yield for the trailing twelve months is around 0.02%.


TTM20232022202120202019201820172016201520142013
NVDX
T-REX 2X Long NVIDIA Daily Target ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
NVDA
NVIDIA Corporation
0.02%0.03%0.11%0.05%0.12%0.27%0.46%0.29%0.45%1.20%1.70%1.94%

Drawdowns

NVDX vs. NVDA - Drawdown Comparison

The maximum NVDX drawdown since its inception was -51.26%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for NVDX and NVDA. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.08%
-1.75%
NVDX
NVDA

Volatility

NVDX vs. NVDA - Volatility Comparison

T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 20.27% compared to NVIDIA Corporation (NVDA) at 10.22%. This indicates that NVDX's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%JuneJulyAugustSeptemberOctoberNovember
20.27%
10.22%
NVDX
NVDA