NVTX vs. ANEL

Last updated Jul 17, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and ANEL (Defiance Daily Target 2X Long ANET ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. NVTX charges 1.30%/yr vs 1.31%/yr for ANEL.

Performance

NVTX vs. ANEL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long NVTS Daily ETF (NVTX) and Defiance Daily Target 2X Long ANET ETF (ANEL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVTX achieves a -4.85% return, which is significantly lower than ANEL's 25.29% return.

NVTX

• 1D: -22.11%
• 1M: -74.91%
• 6M: -48.99%
• YTD: -4.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ANEL

• 1D: -4.20%
• 1M: -4.52%
• 6M: 28.38%
• YTD: 25.29%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVTX vs. ANEL - Yearly Performance Comparison

	2026 (YTD)	2025
NVTX Tradr 2X Long NVTS Daily ETF	-4.85%	-11.25%
ANEL Defiance Daily Target 2X Long ANET ETF	25.29%	-21.77%

Correlation

The correlation between NVTX and ANEL is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 9, 2025	0.36

Return for Risk

NVTX vs. ANEL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and Defiance Daily Target 2X Long ANET ETF (ANEL). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

NVTX vs. ANEL - Drawdown Comparison

The maximum NVTX drawdown since its inception was -89.51%, which is greater than ANEL's maximum drawdown of -56.57%. Use the drawdown chart below to compare losses from any high point for NVTX and ANEL.

Drawdown Indicators

	NVTX	ANEL	Difference
Max Drawdown Largest peak-to-trough decline	-89.51%	-56.57%	-32.94%
Current Drawdown Current decline from peak	-89.51%	-22.53%	-66.98%
Average Drawdown Average peak-to-trough decline	-61.51%	-27.71%	-33.80%

Volatility

Volatility by Period

	NVTX	ANEL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	263.46%	110.15%	+153.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	263.46%	110.15%	+153.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	263.46%	110.15%	+153.31%

NVTX vs. ANEL - Expense Ratio Comparison

NVTX has a 1.30% expense ratio, which is lower than ANEL's 1.31% expense ratio.

Dividends

NVTX vs. ANEL - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 17.92%, while ANEL has not paid dividends to shareholders.

Position	TTM	2025
ANEL Defiance Daily Target 2X Long ANET ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	17.92%	17.05%

Frequently Asked Questions

Can I hold both NVTX and ANEL in my portfolio?

NVTX and ANEL have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVTX or ANEL?

On fees, NVTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVTX or ANEL?

NVTX is cheaper with a 1.30% expense ratio, compared with 1.31% for ANEL.

Which ETF pays a higher dividend yield, NVTX or ANEL?

NVTX has the higher dividend yield at 17.92%, compared with 0.00% for ANEL.

What is the main difference between NVTX and ANEL?

They also come from different issuers: Tradr and Defiance. Their fees differ too: 1.30% for NVTX and 1.31% for ANEL.