ULCC vs. NVD
Compare and contrast key facts about Frontier Group Holdings, Inc. (ULCC) and GraniteShares 2x Short NVDA Daily ETF (NVD).
NVD is an actively managed fund by GraniteShares. It was launched on Aug 21, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ULCC or NVD.
Correlation
The correlation between ULCC and NVD is -0.14. 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.
Performance
ULCC vs. NVD - Performance Comparison
Key characteristics
ULCC:
0.26
NVD:
-0.79
ULCC:
0.89
NVD:
-1.82
ULCC:
1.11
NVD:
0.79
ULCC:
0.21
NVD:
-0.93
ULCC:
0.56
NVD:
-1.17
ULCC:
32.44%
NVD:
75.99%
ULCC:
70.66%
NVD:
113.46%
ULCC:
-87.04%
NVD:
-96.02%
ULCC:
-59.61%
NVD:
-96.02%
Returns By Period
In the year-to-date period, ULCC achieves a 24.47% return, which is significantly higher than NVD's -20.97% return.
ULCC
24.47%
3.15%
152.86%
10.90%
N/A
N/A
NVD
-20.97%
-14.38%
-36.99%
-88.86%
N/A
N/A
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Risk-Adjusted Performance
ULCC vs. NVD — Risk-Adjusted Performance Rank
ULCC
NVD
ULCC vs. NVD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Frontier Group Holdings, Inc. (ULCC) and GraniteShares 2x Short NVDA Daily ETF (NVD). 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.
Dividends
ULCC vs. NVD - Dividend Comparison
ULCC has not paid dividends to shareholders, while NVD's dividend yield for the trailing twelve months is around 10.98%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
ULCC Frontier Group Holdings, Inc. | 0.00% | 0.00% | 0.00% |
NVD GraniteShares 2x Short NVDA Daily ETF | 10.98% | 8.68% | 15.78% |
Drawdowns
ULCC vs. NVD - Drawdown Comparison
The maximum ULCC drawdown since its inception was -87.04%, smaller than the maximum NVD drawdown of -96.02%. Use the drawdown chart below to compare losses from any high point for ULCC and NVD. For additional features, visit the drawdowns tool.
Volatility
ULCC vs. NVD - Volatility Comparison
The current volatility for Frontier Group Holdings, Inc. (ULCC) is 23.56%, while GraniteShares 2x Short NVDA Daily ETF (NVD) has a volatility of 43.83%. This indicates that ULCC experiences smaller price fluctuations and is considered to be less risky than NVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.