NVII vs. TSLA
NVII (REX NVDA Growth & Income ETF) is Derivative Income fund actively managed by REX, while TSLA (Tesla, Inc.) is a stock. Over the past year, NVII returned 62.33% vs 23.07% for TSLA. At a 0.34 correlation, their price movements are largely independent.
Performance
NVII vs. TSLA - Performance Comparison
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Returns By Period
In the year-to-date period, NVII achieves a 15.50% return, which is significantly higher than TSLA's -5.79% return.
NVII
- 1D
- -3.35%
- 1M
- 6.25%
- YTD
- 15.50%
- 6M
- 18.61%
- 1Y
- 62.33%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TSLA
- 1D
- -0.01%
- 1M
- 7.95%
- YTD
- -5.79%
- 6M
- -5.16%
- 1Y
- 23.07%
- 3Y*
- 25.57%
- 5Y*
- 16.24%
- 10Y*
- 40.05%
NVII vs. TSLA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVII REX NVDA Growth & Income ETF | 15.50% | 48.28% |
TSLA Tesla, Inc. | -5.79% | 26.01% |
Correlation
The correlation between NVII and TSLA is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (All Time) Calculated using the full available price history since May 29, 2025 | 0.34 |
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Return for Risk
NVII vs. TSLA — Risk / Return Rank
NVII
TSLA
NVII vs. TSLA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for REX NVDA Growth & Income ETF (NVII) and Tesla, Inc. (TSLA). 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 | TSLA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.33 | ||
| Sortino ratioReturn per unit of downside risk | +1.38 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.12 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.39 | 0.77 | +2.62 |
| Martin ratioReturn relative to average drawdown | 8.64 | 1.81 | +6.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NVII | TSLA | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 0.50 | +1.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.28 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.68 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.04 | 0.73 | +1.30 |
Drawdowns
NVII vs. TSLA - Drawdown Comparison
The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum TSLA drawdown of -73.63%. Use the drawdown chart below to compare losses from any high point for NVII and TSLA.
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Drawdown Indicators
| NVII | TSLA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.47% | -73.63% | +55.16% |
Max Drawdown (1Y)Largest decline over 1 year | -18.47% | -29.93% | +11.46% |
Max Drawdown (3Y)Largest decline over 3 years | — | -53.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -73.63% | — |
Current DrawdownCurrent decline from peak | -8.54% | -13.51% | +4.97% |
Average DrawdownAverage peak-to-trough decline | -5.50% | -22.73% | +17.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.24% | 12.84% | -5.60% |
Volatility
NVII vs. TSLA - Volatility Comparison
REX NVDA Growth & Income ETF (NVII) and Tesla, Inc. (TSLA) have volatilities of 12.22% and 12.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVII | TSLA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.22% | 12.12% | +0.10% |
Volatility (6M)Calculated over the trailing 6-month period | 25.24% | 27.28% | -2.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.40% | 46.36% | -11.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.54% | 58.85% | -24.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.54% | 59.11% | -24.57% |
Dividends
NVII vs. TSLA - Dividend Comparison
NVII's dividend yield for the trailing twelve months is around 51.55%, while TSLA has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
NVII REX NVDA Growth & Income ETF | 51.55% | 29.17% |
TSLA Tesla, Inc. | 0.00% | 0.00% |
Frequently Asked Questions
NVII and TSLA have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVII has higher volatility (12.22%) compared to TSLA (12.12%). In terms of maximum drawdown, NVII dropped -18.47% vs TSLA's -73.63%.
NVII currently has the higher Sharpe Ratio (1.83 vs 0.50), 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.
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