NVII vs. NVDS

Last updated Jun 4, 2026

NVII (REX NVDA Growth & Income ETF) and NVDS (Tradr 1.25X NVDA Bear Daily ETF) are both exchange-traded funds - NVII is a Derivative Income fund actively managed by REX, while NVDS is a Inverse Equities fund tracking the NVIDIA Corporation (-125%). NVII is actively managed, while NVDS is passively managed. Over the past year, NVII returned 62.33% vs -53.75% for NVDS. At a correlation of -0.98, they often move in opposite directions. NVII charges 0.99%/yr vs 1.15%/yr for NVDS.

Performance

NVII vs. NVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX NVDA Growth & Income ETF (NVII) and Tradr 1.25X NVDA Bear Daily ETF (NVDS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVII achieves a 15.50% return, which is significantly higher than NVDS's -25.38% return.

NVII

• 1D: -3.35%
• 1M: 6.25%
• YTD: 15.50%
• 6M: 18.61%
• 1Y: 62.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDS

• 1D: 5.56%
• 1M: -13.17%
• YTD: -25.38%
• 6M: -29.90%
• 1Y: -53.75%
• 3Y*: -64.56%
• 5Y*: —
• 10Y*: —

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

NVII vs. NVDS - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVDA Growth & Income ETF	15.50%	48.28%
NVDS Tradr 1.25X NVDA Bear Daily ETF	-25.38%	-42.28%

Correlation

The correlation between NVII and NVDS is -0.98, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.98
Correlation (All Time) Calculated using the full available price history since May 29, 2025	-0.98

The correlation between NVII and NVDS has been stable across timeframes, ranging from -0.98 to -0.98 - a consistent structural relationship.

Return for Risk

NVII vs. NVDS — Risk / Return Rank

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

NVII

NVII Risk / Return Rank: 52
NVII Sharpe Ratio Rank: 52
NVII Sortino Ratio Rank: 47
NVII Omega Ratio Rank: 46
NVII Calmar Ratio Rank: 67
NVII Martin Ratio Rank: 50

NVDS

NVDS Risk / Return Rank: 1
NVDS Sharpe Ratio Rank: 1
NVDS Sortino Ratio Rank: 1
NVDS Omega Ratio Rank: 1
NVDS Calmar Ratio Rank: 1
NVDS Martin Ratio Rank: 1

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.

NVII vs. NVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) and Tradr 1.25X NVDA Bear Daily ETF (NVDS). 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.

	NVII	NVDS	Difference
Sharpe ratio: Return per unit of total volatility	1.83	-1.06	+2.88
Sortino ratio: Return per unit of downside risk	2.35	-1.66	+4.01
Omega ratio: Gain probability vs. loss probability	1.30	0.81	+0.48
Calmar ratio: Return relative to maximum drawdown	3.39	-0.90	+4.29
Martin ratio: Return relative to average drawdown	8.64	-1.45	+10.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVII vs. NVDS - Sharpe Ratio Comparison

The current NVII Sharpe Ratio is 1.83, which is higher than the NVDS Sharpe Ratio of -1.06. The chart below compares the historical Sharpe Ratios of NVII and NVDS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NVII	NVDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	-1.06	+2.88
Sharpe Ratio (All Time) Calculated using the full available price history	2.04	-1.02	+3.06

Drawdowns

NVII vs. NVDS - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum NVDS drawdown of -99.40%. Use the drawdown chart below to compare losses from any high point for NVII and NVDS.

Drawdown Indicators

	NVII	NVDS	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-99.40%	+80.93%
Max Drawdown (1Y) Largest decline over 1 year	-18.47%	-59.88%	+41.41%
Max Drawdown (3Y) Largest decline over 3 years	—	-96.32%	—
Current Drawdown Current decline from peak	-8.54%	-99.32%	+90.78%
Average Drawdown Average peak-to-trough decline	-5.50%	-83.40%	+77.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	37.07%	-29.83%

Volatility

NVII vs. NVDS - Volatility Comparison

The current volatility for REX NVDA Growth & Income ETF (NVII) is 12.22%, while Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a volatility of 19.37%. This indicates that NVII experiences smaller price fluctuations and is considered to be less risky than NVDS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVII	NVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.22%	19.37%	-7.15%
Volatility (6M) Calculated over the trailing 6-month period	25.24%	38.64%	-13.40%
Volatility (1Y) Calculated over the trailing 1-year period	34.40%	51.17%	-16.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.54%	68.88%	-34.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.54%	68.88%	-34.34%

NVII vs. NVDS - Expense Ratio Comparison

NVII has a 0.99% expense ratio, which is lower than NVDS's 1.15% expense ratio.

Dividends

NVII vs. NVDS - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 51.55%, more than NVDS's 19.02% yield.

Position	TTM	2025	2024	2023	2022
NVDS Tradr 1.25X NVDA Bear Daily ETF	19.02%	14.19%	14.11%	14.69%	5.72%
NVII REX NVDA Growth & Income ETF	51.55%	29.17%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVII and NVDS in my portfolio?

NVII and NVDS have a correlation of -0.98, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVII or NVDS?

NVDS has higher volatility (19.37%) compared to NVII (12.22%). In terms of maximum drawdown, NVII dropped -18.47% vs NVDS's -99.40%.

Which ETF is better, NVII or NVDS?

On 1-year performance, NVII leads with 62.33% vs -53.75% for NVDS. On fees, NVII is cheaper at 0.99% per year. On volatility, NVII has been the lower-risk option at 12.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVII or NVDS?

Over the 1-year period, NVII has performed better with a 62.33% return vs -53.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVII or NVDS?

NVII is cheaper with a 0.99% expense ratio, compared with 1.15% for NVDS.

Which ETF pays a higher dividend yield, NVII or NVDS?

NVII has the higher dividend yield at 51.55%, compared with 19.02% for NVDS.

What is the main difference between NVII and NVDS?

NVII is categorized as Derivative Income, while NVDS is Inverse Equities. They also come from different issuers: REX and AXS. Their fees differ too: 0.99% for NVII and 1.15% for NVDS.

Which has better risk-adjusted returns?

NVII currently has the higher Sharpe Ratio (1.83 vs -1.06), 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.