NUGT vs NVDX
Direxion Daily Gold Miners Index Bull 2X ETF vs T-Rex 2X Long NVIDIA Daily Target ETF
Which is better, NUGT or NVDX?
NVDX has been ahead.
NVDX has a lower expense ratio. NVDX 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 | NVDX |
|---|---|---|
| Expense Ratio | 1.13% | 1.05%Best |
| AUM | $993M | $441M |
| Dividend Yield | 0.75% | 0.00% |
| Holdings | 20 | 13 |
| YTD Return | -27.70% | +10.15%Best |
| 1Y Return | -17.67% | +9.78%Best |
| 3Y Return (annualized) | +64.31% | +107.55%Best |
| 5Y Return (annualized) | +21.20% | - |
| Volatility (annualized) | 84.4% | 78.8%Best |
| Max Drawdown | -67.4%Best | -68.2% |
| $10,000 over 3 years | $43,013 | $89,406Best |
| 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 NVDX 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 covers the 3 years both funds cover.
NUGT vs NVDX Performance
Direxion Daily Gold Miners Index Bull 2X ETF (NUGT) is an ETF from Direxion Shares ETF Trust and T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares. Over the past year NUGT returned -17.67% while NVDX returned +9.78%. Year to date, NUGT is down 27.70% versus a gain of 10.15% for NVDX.
Over three years, NUGT compounded at +64.31% per year against +107.55% for NVDX.
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 78.8% for NVDX. 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 -68.2% for NVDX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.18. They move largely independently of each other.
Fees and Cost Over Time
NUGT charges 1.13% per year while NVDX 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 0.00% for NVDX.
Holdings Overlap
We hold position weights for 4 holdings in NUGT and 1 in NVDX, totalling 41.7% and 83.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 4 positions we hold weights for in NUGT and 1 in NVDX, against full books of 20 and 13.
You are not choosing between two funds in isolation.
Whichever of NUGT and NVDX 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 NVDX?
NUGT has an expense ratio of 1.13% while NVDX charges 1.05%. NVDX is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, NUGT or NVDX?
Over the past year NUGT returned -17.67% vs +9.78% for NVDX, so NVDX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NUGT or NVDX?
NUGT has been the more volatile fund at 84.4% annualized versus 78.8% for NVDX. Worst drawdown: NUGT -67.4% vs NVDX -68.2%.
Should I hold both NUGT and NVDX?
NUGT and NVDX have a monthly-return correlation of -0.18, 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 NVDX?
NUGT yields 0.75% while NVDX yields 0.00%, so NUGT currently pays the higher dividend yield.
Is NVDX better than NUGT?
NVDX has a lower expense ratio. NVDX 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.