POET vs. NVDL

Last updated Apr 2, 2026

Compare and contrast key facts about POET Technologies Inc (POET) and GraniteShares 2x Long NVDA Daily ETF (NVDL).

NVDL is an actively managed fund by GraniteShares. It was launched on Dec 13, 2022.

Performance

POET vs. NVDL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in POET Technologies Inc (POET) and GraniteShares 2x Long NVDA Daily ETF (NVDL). The values are adjusted to include any dividend payments, if applicable.

POET vs. NVDL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
POET POET Technologies Inc	-11.53%	6.39%	536.09%	-69.03%	-2.58%
NVDL GraniteShares 2x Long NVDA Daily ETF	-16.23%	32.57%	344.58%	432.18%	-28.32%

Returns By Period

In the year-to-date period, POET achieves a -11.53% return, which is significantly higher than NVDL's -16.23% return.

POET

• 1D: -5.72%
• 1M: -18.96%
• YTD: -11.53%
• 6M: -5.72%
• 1Y: 52.59%
• 3Y*: 13.01%
• 5Y*: -9.84%
• 10Y*: -2.44%

NVDL

• 1D: 1.60%
• 1M: -8.86%
• YTD: -16.23%
• 6M: -21.72%
• 1Y: 92.71%
• 3Y*: 118.73%
• 5Y*: —
• 10Y*: —

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

Return for Risk

POET vs. NVDL — Risk / Return Rank

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

POET

POET Risk / Return Rank: 62
POET Sharpe Ratio Rank: 59
POET Sortino Ratio Rank: 68
POET Omega Ratio Rank: 62
POET Calmar Ratio Rank: 60
POET Martin Ratio Rank: 59

NVDL

NVDL Risk / Return Rank: 67
NVDL Sharpe Ratio Rank: 63
NVDL Sortino Ratio Rank: 73
NVDL Omega Ratio Rank: 63
NVDL Calmar Ratio Rank: 80
NVDL Martin Ratio Rank: 54

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.

POET vs. NVDL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for POET Technologies Inc (POET) and GraniteShares 2x Long NVDA Daily ETF (NVDL). 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.

	POET	NVDL	Difference
Sharpe ratio Return per unit of total volatility	0.54	1.14	-0.60
Sortino ratio Return per unit of downside risk	1.55	1.90	-0.35
Omega ratio Gain probability vs. loss probability	1.17	1.24	-0.06
Calmar ratio Return relative to maximum drawdown	0.88	2.30	-1.42
Martin ratio Return relative to average drawdown	1.84	5.52	-3.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

POET vs. NVDL - Sharpe Ratio Comparison

The current POET Sharpe Ratio is 0.54, which is lower than the NVDL Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of POET and NVDL, 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

	POET	NVDL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.54	1.14	-0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.10	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.03	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.01	1.59	-1.60

Correlation

The correlation between POET and NVDL is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

POET vs. NVDL - Dividend Comparison

Neither POET nor NVDL has paid dividends to shareholders.

	TTM	2025	2024	2023
POET POET Technologies Inc	0.00%	0.00%	0.00%	0.00%
NVDL GraniteShares 2x Long NVDA Daily ETF	0.00%	0.00%	0.00%	11.29%

Drawdowns

POET vs. NVDL - Drawdown Comparison

The maximum POET drawdown since its inception was -93.47%, which is greater than NVDL's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for POET and NVDL.

Drawdown Indicators

	POET	NVDL	Difference
Max Drawdown Largest peak-to-trough decline	-93.47%	-67.55%	-25.92%
Max Drawdown (1Y) Largest decline over 1 year	-54.77%	-42.23%	-12.54%
Max Drawdown (5Y) Largest decline over 5 years	-93.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-93.47%	—	—
Current Drawdown Current decline from peak	-52.54%	-34.75%	-17.79%
Average Drawdown Average peak-to-trough decline	-61.29%	-17.05%	-44.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	26.18%	17.61%	+8.57%

Volatility

POET vs. NVDL - Volatility Comparison

POET Technologies Inc (POET) has a higher volatility of 28.64% compared to GraniteShares 2x Long NVDA Daily ETF (NVDL) at 20.66%. This indicates that POET's price experiences larger fluctuations and is considered to be riskier than NVDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POET	NVDL	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.64%	20.66%	+7.98%
Volatility (6M) Calculated over the trailing 6-month period	78.77%	51.42%	+27.35%
Volatility (1Y) Calculated over the trailing 1-year period	98.73%	81.87%	+16.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	97.36%	91.12%	+6.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	95.03%	91.12%	+3.91%