NXTE vs. NVDS

Last updated Apr 1, 2026

Compare and contrast key facts about Axs Green Alpha ETF (NXTE) and Tradr 1.25X NVDA Bear Daily ETF (NVDS).

NXTE and NVDS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NXTE is an actively managed fund by AXS. It was launched on Sep 27, 2022. NVDS is a passively managed fund by AXS that tracks the performance of the NVIDIA Corporation (-125%). It was launched on Jul 13, 2022.

Performance

NXTE vs. NVDS - Performance Comparison

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

NXTE vs. NVDS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
NXTE Axs Green Alpha ETF	1.68%	21.84%	-3.42%	13.85%	-1.33%
NVDS Tradr 1.25X NVDA Bear Daily ETF	5.72%	-58.18%	-80.03%	-83.15%	-29.42%

Returns By Period

In the year-to-date period, NXTE achieves a 1.68% return, which is significantly lower than NVDS's 5.72% return.

NXTE

• 1D: 4.47%
• 1M: -7.75%
• YTD: 1.68%
• 6M: 2.07%
• 1Y: 32.56%
• 3Y*: 7.63%
• 5Y*: —
• 10Y*: —

NVDS

• 1D: -8.30%
• 1M: 0.93%
• YTD: 5.72%
• 6M: 1.44%
• 1Y: -61.69%
• 3Y*: -66.79%
• 5Y*: —
• 10Y*: —

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

NXTE vs. NVDS - Expense Ratio Comparison

NXTE has a 1.00% expense ratio, which is lower than NVDS's 1.15% expense ratio.

NVDS

Tradr 1.25X NVDA Bear Daily ETF

NXTE

Axs Green Alpha ETF

Return for Risk

NXTE vs. NVDS — Risk / Return Rank

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

NXTE

NXTE Risk / Return Rank: 70
NXTE Sharpe Ratio Rank: 69
NXTE Sortino Ratio Rank: 71
NXTE Omega Ratio Rank: 62
NXTE Calmar Ratio Rank: 81
NXTE Martin Ratio Rank: 70

NVDS

NVDS Risk / Return Rank: 1
NVDS Sharpe Ratio Rank: 0
NVDS Sortino Ratio Rank: 1
NVDS Omega Ratio Rank: 1
NVDS Calmar Ratio Rank: 1
NVDS Martin Ratio Rank: 4

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.

NXTE vs. NVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Axs Green Alpha ETF (NXTE) 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.

	NXTE	NVDS	Difference
Sharpe ratio Return per unit of total volatility	1.24	-1.01	+2.24
Sortino ratio Return per unit of downside risk	1.81	-1.60	+3.41
Omega ratio Gain probability vs. loss probability	1.23	0.80	+0.43
Calmar ratio Return relative to maximum drawdown	2.30	-0.83	+3.13
Martin ratio Return relative to average drawdown	7.29	-0.98	+8.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NXTE vs. NVDS - Sharpe Ratio Comparison

The current NXTE Sharpe Ratio is 1.24, which is higher than the NVDS Sharpe Ratio of -1.01. The chart below compares the historical Sharpe Ratios of NXTE and NVDS, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NXTE	NVDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.24	-1.01	+2.24
Sharpe Ratio (All Time) Calculated using the full available price history	0.34	-1.00	+1.34

Correlation

The correlation between NXTE and NVDS is -0.53. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

NXTE vs. NVDS - Dividend Comparison

NXTE's dividend yield for the trailing twelve months is around 0.49%, less than NVDS's 13.42% yield.

	TTM	2025	2024	2023	2022
NXTE Axs Green Alpha ETF	0.49%	0.36%	0.52%	0.76%	0.13%
NVDS Tradr 1.25X NVDA Bear Daily ETF	13.42%	14.19%	14.11%	14.69%	5.72%

Drawdowns

NXTE vs. NVDS - Drawdown Comparison

The maximum NXTE drawdown since its inception was -28.64%, smaller than the maximum NVDS drawdown of -99.20%. Use the drawdown chart below to compare losses from any high point for NXTE and NVDS.

Drawdown Indicators

	NXTE	NVDS	Difference
Max Drawdown Largest peak-to-trough decline	-28.64%	-99.20%	+70.56%
Max Drawdown (1Y) Largest decline over 1 year	-13.99%	-73.78%	+59.79%
Current Drawdown Current decline from peak	-9.82%	-99.03%	+89.21%
Average Drawdown Average peak-to-trough decline	-8.17%	-82.65%	+74.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.41%	62.48%	-58.07%

Volatility

NXTE vs. NVDS - Volatility Comparison

The current volatility for Axs Green Alpha ETF (NXTE) is 10.66%, while Tradr 1.25X NVDA Bear Daily ETF (NVDS) has a volatility of 15.74%. This indicates that NXTE 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

	NXTE	NVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.66%	15.74%	-5.08%
Volatility (6M) Calculated over the trailing 6-month period	18.85%	38.94%	-20.09%
Volatility (1Y) Calculated over the trailing 1-year period	26.44%	61.44%	-35.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.76%	69.41%	-43.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.76%	69.41%	-43.65%