UX vs. NVDW
UX (Roundhill Uranium ETF) and NVDW (Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF) are both exchange-traded funds - UX is a Commodity Producers Equities fund actively managed by Roundhill, while NVDW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, UX returned 17.18% vs 56.88% for NVDW. At a 0.24 correlation, their price movements are largely independent. UX charges 0.75%/yr vs 0.99%/yr for NVDW.
Performance
UX vs. NVDW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UX achieves a -0.61% return, which is significantly lower than NVDW's 15.96% return.
UX
- 1D
- -2.53%
- 1M
- -3.11%
- YTD
- -0.61%
- 6M
- 6.59%
- 1Y
- 17.18%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDW
- 1D
- -4.20%
- 1M
- 9.65%
- YTD
- 15.96%
- 6M
- 20.80%
- 1Y
- 56.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
UX vs. NVDW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UX Roundhill Uranium ETF | -0.61% | 20.91% |
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 15.96% | 40.00% |
Correlation
The correlation between UX and NVDW is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jun 3, 2025 | 0.24 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UX vs. NVDW — Risk / Return Rank
UX
NVDW
UX vs. NVDW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Uranium ETF (UX) and Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW). 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.
| UX | NVDW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.89 | ||
| Sortino ratioReturn per unit of downside risk | -1.07 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.24 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.24 | -1.51 |
| Martin ratioReturn relative to average drawdown | 1.45 | 5.44 | -3.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UX | NVDW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.50 | 1.39 | -0.89 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.31 | 1.52 | -1.21 |
Drawdowns
UX vs. NVDW - Drawdown Comparison
The maximum UX drawdown since its inception was -23.72%, smaller than the maximum NVDW drawdown of -25.54%. Use the drawdown chart below to compare losses from any high point for UX and NVDW.
Loading charts...
Drawdown Indicators
| UX | NVDW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.72% | -25.54% | +1.82% |
Max Drawdown (1Y)Largest decline over 1 year | -23.72% | -25.54% | +1.82% |
Current DrawdownCurrent decline from peak | -19.59% | -10.65% | -8.94% |
Average DrawdownAverage peak-to-trough decline | -10.13% | -8.19% | -1.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.87% | 10.49% | +1.38% |
Volatility
UX vs. NVDW - Volatility Comparison
The current volatility for Roundhill Uranium ETF (UX) is 8.07%, while Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF (NVDW) has a volatility of 15.04%. This indicates that UX experiences smaller price fluctuations and is considered to be less risky than NVDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UX | NVDW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.07% | 15.04% | -6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 24.59% | 30.74% | -6.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 34.45% | 41.15% | -6.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.20% | 41.15% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.20% | 41.15% | -4.95% |
UX vs. NVDW - Expense Ratio Comparison
UX has a 0.75% expense ratio, which is lower than NVDW's 0.99% expense ratio.
Dividends
UX vs. NVDW - Dividend Comparison
UX's dividend yield for the trailing twelve months is around 1.49%, less than NVDW's 58.16% yield.
| Position | TTM | 2025 |
|---|---|---|
NVDW Roundhill ETF Trust Roundhill NVDA WeeklyPay ETF | 58.16% | 38.94% |
UX Roundhill Uranium ETF | 1.49% | 1.48% |
Frequently Asked Questions
UX and NVDW have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NVDW has higher volatility (15.04%) compared to UX (8.07%). In terms of maximum drawdown, UX dropped -23.72% vs NVDW's -25.54%.
On 1-year performance, NVDW leads with 56.88% vs 17.18% for UX. On fees, UX is cheaper at 0.75% per year. On volatility, UX has been the lower-risk option at 8.07%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, NVDW has performed better with a 56.88% return vs 17.18%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
UX is cheaper with a 0.75% expense ratio, compared with 0.99% for NVDW.
NVDW has the higher dividend yield at 58.16%, compared with 1.49% for UX.
UX is categorized as Commodity Producers Equities, while NVDW is Derivative Income. Their fees differ too: 0.75% for UX and 0.99% for NVDW.
NVDW currently has the higher Sharpe Ratio (1.39 vs 0.50), 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.
Find the right allocation for UX and NVDW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer