NVDX vs. XRP-USD
NVDX (T-REX 2X Long NVIDIA Daily Target ETF) is Leveraged Equities fund actively managed by REX, while XRP-USD (XRP) is a cryptocurrency. Over the past year, NVDX returned 60.92% vs -51.05% for XRP-USD. At a 0.17 correlation, their price movements are largely independent.
Performance
NVDX vs. XRP-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVDX achieves a 9.58% return, which is significantly higher than XRP-USD's -38.21% return.
NVDX
- 1D
- -0.42%
- 1M
- -8.62%
- YTD
- 9.58%
- 6M
- 9.23%
- 1Y
- 60.92%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XRP-USD
- 1D
- -2.68%
- 1M
- -22.87%
- YTD
- -38.21%
- 6M
- -46.05%
- 1Y
- -51.05%
- 3Y*
- 30.77%
- 5Y*
- 5.51%
- 10Y*
- —
NVDX vs. XRP-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
NVDX T-REX 2X Long NVIDIA Daily Target ETF | 9.58% | 26.24% | 384.03% | 28.06% |
XRP-USD XRP | -38.21% | -11.56% | 237.88% | 26.11% |
Correlation
The correlation between NVDX and XRP-USD is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.24 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.17 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVDX vs. XRP-USD — Risk / Return Rank
NVDX
XRP-USD
NVDX vs. XRP-USD - 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 XRP (XRP-USD). 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 | XRP-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.64 | ||
| Sortino ratioReturn per unit of downside risk | +2.58 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 0.90 | +0.29 |
| Calmar ratioReturn relative to maximum drawdown | 1.40 | -0.74 | +2.14 |
| Martin ratioReturn relative to average drawdown | 3.14 | -1.18 | +4.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| NVDX | XRP-USD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | -0.76 | +1.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.06 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.33 | 0.55 | +0.77 |
Drawdowns
NVDX vs. XRP-USD - Drawdown Comparison
The maximum NVDX drawdown since its inception was -68.19%, smaller than the maximum XRP-USD drawdown of -95.87%. Use the drawdown chart below to compare losses from any high point for NVDX and XRP-USD.
Loading charts...
Drawdown Indicators
| NVDX | XRP-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.19% | -95.87% | +27.68% |
Max Drawdown (1Y)Largest decline over 1 year | -43.76% | -69.23% | +25.47% |
Max Drawdown (3Y)Largest decline over 3 years | — | -69.23% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -77.83% | — |
Current DrawdownCurrent decline from peak | -23.68% | -68.01% | +44.33% |
Average DrawdownAverage peak-to-trough decline | -20.27% | -70.99% | +50.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.47% | 44.15% | -24.68% |
Volatility
NVDX vs. XRP-USD - Volatility Comparison
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a higher volatility of 25.98% compared to XRP (XRP-USD) at 13.72%. This indicates that NVDX's price experiences larger fluctuations and is considered to be riskier than XRP-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| NVDX | XRP-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.98% | 13.72% | +12.26% |
Volatility (6M)Calculated over the trailing 6-month period | 52.60% | 46.04% | +6.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.45% | 56.11% | +13.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 95.62% | 72.38% | +23.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.62% | 111.82% | -16.20% |
Frequently Asked Questions
NVDX and XRP-USD have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDX has higher volatility (25.98%) compared to XRP-USD (13.72%). In terms of maximum drawdown, NVDX dropped -68.19% vs XRP-USD's -95.87%.
NVDX currently has the higher Sharpe Ratio (0.88 vs -0.76), 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.
Find the right allocation for NVDX and XRP-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer