NVDQ vs NVDX
T-Rex 2X Inverse NVIDIA Daily Target ETF vs T-Rex 2X Long NVIDIA Daily Target ETF
Which is better, NVDQ or NVDX?
Opposite sides of the same exposure.
NVDX led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.95, so holding both offsets the exposure while paying both fees.
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 | NVDQ | NVDX |
|---|---|---|
| Expense Ratio | 1.05%Tie | 1.05%Tie |
| AUM | $14M | $441M |
| Dividend Yield | 0.53% | 0.00% |
| Holdings | 5 | 13 |
| YTD Return | -47.59% | +10.15%Best |
| 1Y Return | -55.89% | +9.78%Best |
| 3Y Return (annualized) | -82.43% | +107.55%Best |
| Volatility (annualized) | 58.1%Best | 78.8% |
| Max Drawdown | - | -68.2% |
| $10,000 over 3 years | $54 | $89,406Best |
| Fund Family | REX Shares | REX Shares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 18, 2023 | Oct 18, 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 19, 2023 to Oct 14, 2026 (3 years).
NVDQ 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 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.
NVDQ vs NVDX Performance
T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is an ETF from REX Shares and T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares. Over the past year NVDQ returned -55.89% while NVDX returned +9.78%. Year to date, NVDQ is down 47.59% versus a gain of 10.15% for NVDX.
Over three years, NVDQ compounded at -82.43% per year against +107.55% for NVDX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDX has been the more volatile fund, with annualized monthly volatility of 78.8% 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 -0.95. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
NVDQ charges 1.05% per year while NVDX charges 1.05%. On a $10,000 position that is $105 vs $105 annually. On income, NVDQ currently yields 0.53% against 0.00% for NVDX.
You are not choosing between two funds in isolation.
Whichever of NVDQ 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, NVDQ or NVDX?
NVDQ has an expense ratio of 1.05% while NVDX charges 1.05%. At the precision these are quoted to, they cost the same.
Which performed better, NVDQ or NVDX?
Over the past year NVDQ returned -55.89% 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, NVDQ or NVDX?
NVDX has been the more volatile fund at 78.8% annualized versus 58.1% for NVDQ.
Should I hold both NVDQ and NVDX?
NVDQ and NVDX have a monthly-return correlation of -0.95, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, NVDQ or NVDX?
NVDQ yields 0.53% while NVDX yields 0.00%, so NVDQ currently pays the higher dividend yield.
Is NVDX better than NVDQ?
NVDX led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.95, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.