SHNY vs. NVDL

In the year-to-date period, SHNY achieves a 67.70% return, which is significantly higher than NVDL's -26.27% return.

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SHNY has a 0.95% expense ratio, which is lower than NVDL's 1.15% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Gold 3X Leveraged ETN (SHNY) 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.

The current SHNY Sharpe Ratio is 1.78, which is higher than the NVDL Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of SHNY 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.

Neither SHNY nor NVDL has paid dividends to shareholders.

The maximum SHNY drawdown since its inception was -37.84%, smaller than the maximum NVDL drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for SHNY and NVDL. For additional features, visit the drawdowns tool.

The current volatility for MicroSectors Gold 3X Leveraged ETN (SHNY) is 25.80%, while GraniteShares 2x Long NVDA Daily ETF (NVDL) has a volatility of 29.41%. This indicates that SHNY experiences smaller price fluctuations and is considered to be less risky than NVDL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.