TTXD vs. NVDU

Last updated Jul 21, 2026

TTXD (Direxion Daily Technology Top 5 Bear 2X ETF) and NVDU (Direxion Daily NVDA Bull 2X Shares ETF) are both exchange-traded funds - TTXD is a Inverse Equities fund actively managed by Direxion, while NVDU is a Leveraged Equities fund actively managed by Direxion. Both are actively managed. At a correlation of -0.71, they often move in opposite directions.

Performance

TTXD vs. NVDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Top 5 Bear 2X ETF (TTXD) and Direxion Daily NVDA Bull 2X Shares ETF (NVDU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTXD achieves a -43.47% return, which is significantly lower than NVDU's 4.22% return.

TTXD

• 1D: -0.87%
• 1M: 10.36%
• 6M: -46.72%
• YTD: -43.47%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

NVDU

• 1D: 0.73%
• 1M: -8.41%
• 6M: 5.07%
• YTD: 4.22%
• 1Y: 9.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 88.36%

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

TTXD vs. NVDU - Yearly Performance Comparison

	2026 (YTD)	2025
TTXD Direxion Daily Technology Top 5 Bear 2X ETF	-43.47%	10.81%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	4.22%	-6.27%

Correlation

The correlation between TTXD and NVDU is -0.71, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 1, 2025	-0.71

Return for Risk

TTXD vs. NVDU — Risk / Return Rank

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

TTXD

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

NVDU

NVDU Risk / Return Rank: 15
NVDU Sharpe Ratio Rank: 13
NVDU Sortino Ratio Rank: 18
NVDU Omega Ratio Rank: 17
NVDU Calmar Ratio Rank: 13
NVDU Martin Ratio Rank: 13

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.

TTXD vs. NVDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Top 5 Bear 2X ETF (TTXD) and Direxion Daily NVDA Bull 2X Shares ETF (NVDU). 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.

	TTXD	NVDU	Difference
Sharpe ratio: Return per unit of total volatility	—	0.14	—
Sortino ratio: Return per unit of downside risk	—	0.71	—
Omega ratio: Gain probability vs. loss probability	—	1.08	—
Calmar ratio: Return relative to maximum drawdown	—	0.24	—
Martin ratio: Return relative to average drawdown	—	0.48	—

Drawdowns

TTXD vs. NVDU - Drawdown Comparison

The maximum TTXD drawdown since its inception was -67.61%, roughly equal to the maximum NVDU drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for TTXD and NVDU.

Drawdown Indicators

	TTXD	NVDU	Difference
Max Drawdown Largest peak-to-trough decline	-67.61%	-67.27%	-0.34%
Max Drawdown (1Y) Largest decline over 1 year	—	-42.27%	—
Current Drawdown Current decline from peak	-63.01%	-29.02%	-33.99%
Average Drawdown Average peak-to-trough decline	-22.68%	-19.19%	-3.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	20.90%	—

Volatility

Volatility by Period

	TTXD	NVDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	22.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.02%	—
Volatility (1Y) Calculated over the trailing 1-year period	62.38%	71.37%	-8.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	62.38%	90.59%	-28.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	62.38%	90.59%	-28.21%

Dividends

TTXD vs. NVDU - Dividend Comparison

TTXD's dividend yield for the trailing twelve months is around 3.48%, less than NVDU's 5.66% yield.

Position	TTM	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	5.66%	5.68%	16.85%	0.63%
TTXD Direxion Daily Technology Top 5 Bear 2X ETF	3.48%	0.79%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTXD and NVDU in my portfolio?

TTXD and NVDU have a correlation of -0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF pays a higher dividend yield, TTXD or NVDU?

NVDU has the higher dividend yield at 5.66%, compared with 3.48% for TTXD.

What is the main difference between TTXD and NVDU?

TTXD is categorized as Inverse Equities, while NVDU is Leveraged Equities.