NUGT vs NVDQ
Direxion Daily Gold Miners Index Bull 2X ETF vs T-Rex 2X Inverse NVIDIA Daily Target ETF
Which is better, NUGT or NVDQ?
NUGT has been ahead.
NVDQ 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 | NVDQ |
|---|---|---|
| Expense Ratio | 1.13% | 1.05%Best |
| AUM | $993M | $14M |
| Dividend Yield | 0.75% | 0.53% |
| Holdings | 20 | 5 |
| YTD Return | -27.70%Best | -47.59% |
| 1Y Return | -17.67%Best | -55.89% |
| 3Y Return (annualized) | +64.31%Best | -82.43% |
| 5Y Return (annualized) | +21.20% | - |
| Volatility (annualized) | 84.4% | 58.1%Best |
| Max Drawdown | -67.4% | - |
| $10,000 over 3 years | $43,013Best | $54 |
| Fund Family | Direxion Shares ETF Trust | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 8, 2010 | Oct 18, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 19, 2023 to Oct 14, 2026 (3 years).
NUGT vs NVDQ 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 NVDQ Performance
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust and T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is an ETF from REX Shares. Over the past year NUGT returned -17.67% while NVDQ returned -55.89%. Year to date, NUGT is down 27.70% versus a loss of 47.59% for NVDQ.
Over three years, NUGT compounded at +64.31% per year against -82.43% for NVDQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NUGT has been the more volatile fund, with annualized monthly volatility of 84.4% compared with 58.1% for NVDQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.16. They move largely independently of each other.
Fees and Cost Over Time
NUGT charges 1.13% per year while NVDQ charges 1.05%. On a $10,000 position that is $113 vs $105 annually, a gap of $8 per year that compounds over a long holding period. On income, NUGT currently yields 0.75% against 0.53% for NVDQ.
You are not choosing between two funds in isolation.
Whichever of NUGT and NVDQ 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 NVDQ?
NUGT has an expense ratio of 1.13% while NVDQ charges 1.05%. NVDQ is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, NUGT or NVDQ?
Over the past year NUGT returned -17.67% vs -55.89% for NVDQ, 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 NVDQ?
NUGT has been the more volatile fund at 84.4% annualized versus 58.1% for NVDQ.
Should I hold both NUGT and NVDQ?
NUGT and NVDQ have a monthly-return correlation of 0.16, 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 NVDQ?
NUGT yields 0.75% while NVDQ yields 0.53%, so NUGT currently pays the higher dividend yield.
Is NVDQ better than NUGT?
NVDQ 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.