NVTX vs. PILL
NVTX (Tradr 2X Long NVTS Daily ETF) and PILL (Direxion Daily Pharmaceutical & Medical Bull 3X Shares) are both Leveraged Equities funds. NVTX is actively managed, while PILL is passively managed. At a 0.31 correlation, their price movements are largely independent. NVTX charges 1.30%/yr vs 0.98%/yr for PILL.
Performance
NVTX vs. PILL - Performance Comparison
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Returns By Period
In the year-to-date period, NVTX achieves a 250.82% return, which is significantly higher than PILL's 26.72% return.
NVTX
- 1D
- -19.51%
- 1M
- -54.78%
- YTD
- 250.82%
- 6M
- 201.42%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PILL
- 1D
- 5.13%
- 1M
- 27.73%
- YTD
- 26.72%
- 6M
- 23.80%
- 1Y
- 194.90%
- 3Y*
- 24.44%
- 5Y*
- -7.89%
- 10Y*
- —
NVTX vs. PILL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVTX Tradr 2X Long NVTS Daily ETF | 250.82% | -11.25% |
PILL Direxion Daily Pharmaceutical & Medical Bull 3X Shares | 26.72% | 53.38% |
Correlation
The correlation between NVTX and PILL is 0.31, 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 | 0.31 |
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Return for Risk
NVTX vs. PILL — Risk / Return Rank
NVTX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PILL
NVTX vs. PILL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and Direxion Daily Pharmaceutical & Medical Bull 3X Shares (PILL). 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.
| NVTX | PILL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.40 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 5.91 | — |
| Martin ratioReturn relative to average drawdown | — | 19.45 | — |
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Drawdowns
NVTX vs. PILL - Drawdown Comparison
The maximum NVTX drawdown since its inception was -89.20%, roughly equal to the maximum PILL drawdown of -88.76%. Use the drawdown chart below to compare losses from any high point for NVTX and PILL.
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Drawdown Indicators
| NVTX | PILL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -89.20% | -88.76% | -0.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -33.21% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -60.43% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -83.26% | — |
Current DrawdownCurrent decline from peak | -61.33% | -56.58% | -4.75% |
Average DrawdownAverage peak-to-trough decline | -59.89% | -58.54% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.07% | — |
Volatility
NVTX vs. PILL - Volatility Comparison
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Volatility by Period
| NVTX | PILL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 18.07% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 48.23% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 265.87% | 62.55% | +203.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 265.87% | 60.62% | +205.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 265.87% | 63.79% | +202.08% |
NVTX vs. PILL - Expense Ratio Comparison
NVTX has a 1.30% expense ratio, which is higher than PILL's 0.98% expense ratio.
Dividends
NVTX vs. PILL - Dividend Comparison
NVTX's dividend yield for the trailing twelve months is around 4.86%, more than PILL's 0.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
NVTX Tradr 2X Long NVTS Daily ETF | 4.86% | 17.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PILL Direxion Daily Pharmaceutical & Medical Bull 3X Shares | 0.49% | 0.69% | 1.28% | 1.83% | 0.67% | 0.00% | 0.00% | 0.38% | 0.91% | 0.10% |
Frequently Asked Questions
NVTX and PILL have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PILL is cheaper at 0.98% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PILL is cheaper with a 0.98% expense ratio, compared with 1.30% for NVTX.
NVTX has the higher dividend yield at 4.86%, compared with 0.49% for PILL.
They also come from different issuers: Tradr and Direxion. Their fees differ too: 1.30% for NVTX and 0.98% for PILL.
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