NUGT vs NVDD
Direxion Daily Gold Miners Index Bull 2X ETF vs Direxion Daily NVDA Bear 1X ETF
Which is better, NUGT or NVDD?
NUGT has been ahead.
NVDD has a lower expense ratio. NUGT led over 1Y, 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 | NUGT | NVDD |
|---|---|---|
| Expense Ratio | 1.13% | 1.01%Best |
| AUM | $993M | $16M |
| Dividend Yield | 0.75% | 4.73% |
| Holdings | 20 | 9 |
| YTD Return | -27.70% | -19.27%Best |
| 1Y Return | -17.67%Best | -23.66% |
| 3Y Return (annualized) | +64.31%Best | -48.47% |
| 5Y Return (annualized) | +21.20% | - |
| Volatility (annualized) | 83.2% | 31.9%Best |
| Max Drawdown | -67.4%Best | -88.8% |
| $10,000 over 3.1 years | $44,625Best | $1,338 |
| Fund Family | Direxion Shares ETF Trust | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 8, 2010 | Sep 13, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 13, 2023 to Oct 14, 2026 (3.1 years).
NUGT vs NVDD 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.
NUGT vs NVDD Performance
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust and Direxion Daily NVDA Bear 1X ETF (NVDD) is an ETF from Direxion Shares ETF Trust. Over the past year NUGT returned -17.67% while NVDD returned -23.66%. Year to date, NUGT is down 27.70% versus a loss of 19.27% for NVDD.
Over three years, NUGT compounded at +64.31% per year against -48.47% for NVDD.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 83.2% compared with 31.9% for NVDD. 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 -67.4% for NUGT and -88.8% for NVDD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
Fees and Cost Over Time
NUGT charges 1.13% per year while NVDD charges 1.01%. On a $10,000 position that is $113 vs $101 annually, a gap of $12 per year that compounds over a long holding period. On income, NUGT currently yields 0.75% against 4.73% for NVDD.
Holdings Overlap
We hold position weights for 4 holdings in NUGT and 3 in NVDD, totalling 41.7% and 84.4% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 3 positions appear in both.
3 positions in common, counted across the 4 positions we hold weights for in NUGT and 3 in NVDD, against full books of 20 and 9.
You are not choosing between two funds in isolation.
Whichever of NUGT and NVDD 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, NUGT or NVDD?
NUGT has an expense ratio of 1.13% while NVDD charges 1.01%. NVDD is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, NUGT or NVDD?
Over the past year NUGT returned -17.67% vs -23.66% for NVDD, so NUGT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUGT or NVDD?
NUGT has been the more volatile fund at 83.2% annualized versus 31.9% for NVDD. Worst drawdown: NUGT -67.4% vs NVDD -88.8%.
Should I hold both NUGT and NVDD?
NUGT and NVDD have a monthly-return correlation of 0.17, 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, NUGT or NVDD?
NUGT yields 0.75% while NVDD yields 4.73%, so NVDD currently pays the higher dividend yield.
Is NVDD better than NUGT?
NVDD has a lower expense ratio. NUGT led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.