NVDL vs XOCT
GraniteShares 2x Long NVDA Daily ETF vs FT Vest US Equity Enhance & Moderate Buffer ETF - October
Which is better, NVDL or XOCT?
NVDL has been ahead.
XOCT has a lower expense ratio. NVDL 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 | NVDL | XOCT |
|---|---|---|
| Expense Ratio | 1.05% | 0.85%Best |
| AUM | $3.5B | $40M |
| Dividend Yield | 0.00% | 0.00% |
| Holdings | 4 | 12 |
| YTD Return | +14.36%Best | +7.21% |
| 1Y Return | +19.21%Best | +9.63% |
| 3Y Return (annualized) | +95.77%Best | +10.24% |
| Volatility (annualized) | 76.0% | 4.5%Best |
| Max Drawdown | -67.5% | -10.0%Best |
| $10,000 over 3 years | $84,747Best | $13,397 |
| Fund Family | GraniteShares | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Dec 13, 2022 | Oct 20, 2023 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 23, 2023 to Oct 14, 2026 (3 years).
NVDL vs XOCT 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.
NVDL vs XOCT Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares and FT Vest US Equity Enhance & Moderate Buffer ETF - October (XOCT) is an ETF from First Trust Portfolios (US). Over the past year NVDL returned +19.21% while XOCT returned +9.63%. Year to date, NVDL is up 14.36% versus a gain of 7.21% for XOCT.
Over three years, NVDL compounded at +95.77% per year against +10.24% for XOCT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDL has been the more volatile fund, with annualized monthly volatility of 76.0% compared with 4.5% for XOCT. 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 -67.5% for NVDL and -10.0% for XOCT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDL charges 1.05% per year while XOCT charges 0.85%. On a $10,000 position that is $105 vs $85 annually, a gap of $20 per year that compounds over a long holding period. On income, NVDL currently yields 0.00% against 0.00% for XOCT.
You are not choosing between two funds in isolation.
Whichever of NVDL and XOCT 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, NVDL or XOCT?
NVDL has an expense ratio of 1.05% while XOCT charges 0.85%. XOCT is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, NVDL or XOCT?
Over the past year NVDL returned +19.21% vs +9.63% for XOCT, so NVDL leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDL or XOCT?
NVDL has been the more volatile fund at 76.0% annualized versus 4.5% for XOCT. Worst drawdown: NVDL -67.5% vs XOCT -10.0%.
Should I hold both NVDL and XOCT?
NVDL and XOCT have a monthly-return correlation of 0.52, 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, NVDL or XOCT?
NVDL yields 0.00% while XOCT yields 0.00%, so XOCT currently pays the higher dividend yield.
Is XOCT better than NVDL?
XOCT has a lower expense ratio. NVDL 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.