URAA vs. NVDU

Last updated Jun 26, 2026

URAA (Direxion Daily Uranium Industry Bull 2X Shares) and NVDU (Direxion Daily NVDA Bull 2X Shares ETF) are both exchange-traded funds - URAA is a Uranium fund tracking the Solactive United States Uranium and Nuclear Energy ETF Select Index (200%), while NVDU is a Leveraged Equities fund actively managed by Direxion. URAA is passively managed, while NVDU is actively managed. Over the past year, URAA returned 3.39% vs 27.95% for NVDU. At a 0.48 correlation, their price movements are largely independent. URAA charges 1.28%/yr vs 1.04%/yr for NVDU.

Performance

URAA vs. NVDU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Uranium Industry Bull 2X Shares (URAA) 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, URAA achieves a -16.20% return, which is significantly lower than NVDU's -1.77% return.

URAA

• 1D: -3.76%
• 1M: -26.89%
• YTD: -16.20%
• 6M: -23.09%
• 1Y: 3.39%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDU

• 1D: -3.21%
• 1M: -18.95%
• YTD: -1.77%
• 6M: -4.20%
• 1Y: 27.95%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

URAA vs. NVDU - Yearly Performance Comparison

	2026 (YTD)	2025	2024
URAA Direxion Daily Uranium Industry Bull 2X Shares	-16.20%	88.33%	-25.73%
NVDU Direxion Daily NVDA Bull 2X Shares ETF	-1.77%	33.65%	-7.62%

Correlation

The correlation between URAA and NVDU is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (All Time) Calculated using the full available price history since Jun 26, 2024	0.48

URAA vs. NVDU - Sectors Allocation Comparison

Sectors	URAA	NVDU
Energy	62.5%	-
Industrials	17.0%	-
Utilities	16.6%	-
Basic Materials	2.9%	-
Technology	1.0%	100.0%
Communication Services	-	-
Consumer Cyclical	-	-
Consumer Defensive	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-

Return for Risk

URAA vs. NVDU — Risk / Return Rank

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

URAA

URAA Risk / Return Rank: 12
URAA Sharpe Ratio Rank: 10
URAA Sortino Ratio Rank: 15
URAA Omega Ratio Rank: 15
URAA Calmar Ratio Rank: 10
URAA Martin Ratio Rank: 9

NVDU

NVDU Risk / Return Rank: 17
NVDU Sharpe Ratio Rank: 15
NVDU Sortino Ratio Rank: 20
NVDU Omega Ratio Rank: 19
NVDU Calmar Ratio Rank: 17
NVDU Martin Ratio Rank: 16

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.

URAA vs. NVDU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Uranium Industry Bull 2X Shares (URAA) 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.

	URAA	NVDU	Difference
Sharpe ratio: Return per unit of total volatility	0.04	0.40	-0.37
Sortino ratio: Return per unit of downside risk	0.76	1.03	-0.27
Omega ratio: Gain probability vs. loss probability	1.09	1.12	-0.03
Calmar ratio: Return relative to maximum drawdown	0.06	0.66	-0.61
Martin ratio: Return relative to average drawdown	0.11	1.44	-1.32

URAA vs. NVDU - Sharpe Ratio Comparison

The current URAA Sharpe Ratio is 0.04, which is lower than the NVDU Sharpe Ratio of 0.40. The chart below compares the historical Sharpe Ratios of URAA and NVDU, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

URAA vs. NVDU - Drawdown Comparison

The maximum URAA drawdown since its inception was -67.45%, roughly equal to the maximum NVDU drawdown of -67.27%. Use the drawdown chart below to compare losses from any high point for URAA and NVDU.

Drawdown Indicators

	URAA	NVDU	Difference
Max Drawdown Largest peak-to-trough decline	-67.45%	-67.27%	-0.18%
Max Drawdown (1Y) Largest decline over 1 year	-59.83%	-42.27%	-17.56%
Current Drawdown Current decline from peak	-57.80%	-33.10%	-24.70%
Average Drawdown Average peak-to-trough decline	-28.00%	-18.95%	-9.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	30.03%	19.51%	+10.52%

Volatility

URAA vs. NVDU - Volatility Comparison

Direxion Daily Uranium Industry Bull 2X Shares (URAA) has a higher volatility of 30.96% compared to Direxion Daily NVDA Bull 2X Shares ETF (NVDU) at 26.08%. This indicates that URAA's price experiences larger fluctuations and is considered to be riskier than NVDU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URAA	NVDU	Difference
Volatility (1M) Calculated over the trailing 1-month period	30.96%	26.08%	+4.88%
Volatility (6M) Calculated over the trailing 6-month period	74.07%	52.69%	+21.38%
Volatility (1Y) Calculated over the trailing 1-year period	95.73%	70.35%	+25.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.51%	90.91%	-1.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	89.51%	90.91%	-1.40%

URAA vs. NVDU - Expense Ratio Comparison

URAA has a 1.28% expense ratio, which is higher than NVDU's 1.04% expense ratio.

Dividends

URAA vs. NVDU - Dividend Comparison

URAA's dividend yield for the trailing twelve months is around 12.02%, more than NVDU's 6.01% yield.

Position	TTM	2025	2024	2023
NVDU Direxion Daily NVDA Bull 2X Shares ETF	6.01%	5.68%	16.85%	0.63%
URAA Direxion Daily Uranium Industry Bull 2X Shares	12.02%	9.14%	4.36%	0.00%

Frequently Asked Questions

Can I hold both URAA and NVDU in my portfolio?

URAA and NVDU have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URAA or NVDU?

URAA has higher volatility (30.96%) compared to NVDU (26.08%). In terms of maximum drawdown, URAA dropped -67.45% vs NVDU's -67.27%.

Which ETF is better, URAA or NVDU?

On 1-year performance, NVDU leads with 27.95% vs 3.39% for URAA. On fees, NVDU is cheaper at 1.04% per year. On volatility, NVDU has been the lower-risk option at 26.08%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, URAA or NVDU?

Over the 1-year period, NVDU has performed better with a 27.95% return vs 3.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, URAA or NVDU?

NVDU is cheaper with a 1.04% expense ratio, compared with 1.28% for URAA.

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

URAA has the higher dividend yield at 12.02%, compared with 6.01% for NVDU.

What is the main difference between URAA and NVDU?

URAA is categorized as Uranium, while NVDU is Leveraged Equities. Their fees differ too: 1.28% for URAA and 1.04% for NVDU.

Which has better risk-adjusted returns?

NVDU currently has the higher Sharpe Ratio (0.40 vs 0.04), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.