GAPR vs NUGT
FT Vest US Equity Moderate Buffer ETF - April vs Direxion Daily Gold Miners Index Bull 2X ETF
Which is better, GAPR or NUGT?
Each has led over a different period.
GAPR has a lower expense ratio. GAPR led over 1Y, NUGT over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | GAPR | NUGT |
|---|---|---|
| Expense Ratio | 0.85%Best | 1.13% |
| AUM | $298M | $993M |
| Dividend Yield | 0.00% | 0.75% |
| Holdings | 10 | 20 |
| YTD Return | +6.91%Best | -27.70% |
| 1Y Return | +9.03%Best | -17.67% |
| 3Y Return (annualized) | +11.25% | +64.31%Best |
| 5Y Return (annualized) | - | +21.20% |
| Volatility (annualized) | 4.8%Best | 80.9% |
| Max Drawdown | -9.0%Best | -67.4% |
| $10,000 over 3.5 years | $14,418 | $30,631Best |
| Fund Family | First Trust Portfolios (US) | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 21, 2023 | Dec 8, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.5 years row, are measured over the window both funds cover: Apr 24, 2023 to Oct 14, 2026 (3.5 years).
GAPR vs NUGT growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
GAPR vs NUGT Performance
FT Vest US Equity Moderate Buffer ETF - April (GAPR) is an ETF from First Trust Portfolios (US) and Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust. Over the past year GAPR returned +9.03% while NUGT returned -17.67%. Year to date, GAPR is up 6.91% versus a loss of 27.70% for NUGT.
Over three years, GAPR compounded at +11.25% per year against +64.31% for NUGT. Across the full 4-year window we track, NUGT has the edge at +37.69% annualized vs +11.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 80.9% compared with 4.8% for GAPR. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -9.0% for GAPR and -67.4% for NUGT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.09. They move largely independently of each other.
Fees and Cost Over Time
GAPR charges 0.85% per year while NUGT charges 1.13%. On a $10,000 position that is $85 vs $113 annually, a gap of $28 per year that compounds over a long holding period. On income, GAPR currently yields 0.00% against 0.75% for NUGT.
You are not choosing between two funds in isolation.
Whichever of GAPR and NUGT you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, GAPR or NUGT?
GAPR has an expense ratio of 0.85% while NUGT charges 1.13%. GAPR is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, GAPR or NUGT?
Over the past year GAPR returned +9.03% vs -17.67% for NUGT, so GAPR leads on 1-year performance. Over the longest common window we track (4 years), GAPR annualized +11.02% vs +37.69% for NUGT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, GAPR or NUGT?
NUGT has been the more volatile fund at 80.9% annualized versus 4.8% for GAPR. Worst drawdown: GAPR -9.0% vs NUGT -67.4%.
Should I hold both GAPR and NUGT?
GAPR and NUGT have a monthly-return correlation of 0.09, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, GAPR or NUGT?
GAPR yields 0.00% while NUGT yields 0.75%, so NUGT currently pays the higher dividend yield.
Is NUGT better than GAPR?
GAPR has a lower expense ratio. GAPR led over 1Y, NUGT over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.