NVDS vs TSMZ
Tradr 1.5X Short NVDA Daily ETF vs Direxion Daily TSM Bear 1X ETF
Which is better, NVDS or TSMZ?
TSMZ has been ahead.
TSMZ has a lower expense ratio. TSMZ led over 1Y 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 | NVDS | TSMZ |
|---|---|---|
| Expense Ratio | 1.15% | 1.01%Best |
| AUM | $11M | $3M |
| Dividend Yield | 22.47% | 4.42% |
| Holdings | 6 | 14 |
| YTD Return | -32.79% | -32.28%Best |
| 1Y Return | -39.46% | -37.86%Best |
| 3Y Return (annualized) | -63.27% | - |
| Volatility (annualized) | 42.0% | 33.3%Best |
| Max Drawdown | -82.4% | -75.1%Best |
| $10,000 over 2 years | $2,373 | $3,361Best |
| Fund Family | Tradr ETFs | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Jul 13, 2022 | Oct 3, 2024 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
NVDS vs TSMZ 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 2 years both funds cover.
NVDS vs TSMZ Performance
Tradr 1.5X Short NVDA Daily ETF (NVDS) is an ETF from Tradr ETFs and Direxion Daily TSM Bear 1X ETF (TSMZ) is an ETF from Direxion Shares ETF Trust. Over the past year NVDS returned -39.46% while TSMZ returned -37.86%. Year to date, NVDS is down 32.79% versus a loss of 32.28% for TSMZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDS has been the more volatile fund, with annualized monthly volatility of 42.0% compared with 33.3% for TSMZ. 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 -82.4% for NVDS and -75.1% for TSMZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDS charges 1.15% per year while TSMZ charges 1.01%. On a $10,000 position that is $115 vs $101 annually, a gap of $14 per year that compounds over a long holding period. On income, NVDS currently yields 22.47% against 4.42% for TSMZ.
You are not choosing between two funds in isolation.
Whichever of NVDS and TSMZ 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, NVDS or TSMZ?
NVDS has an expense ratio of 1.15% while TSMZ charges 1.01%. TSMZ is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, NVDS or TSMZ?
Over the past year NVDS returned -39.46% vs -37.86% for TSMZ, so TSMZ leads on 1-year performance. Over the longest common window we track (2 years), NVDS annualized -51.29% vs -42.03% for TSMZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDS or TSMZ?
NVDS has been the more volatile fund at 42.0% annualized versus 33.3% for TSMZ. Worst drawdown: NVDS -82.4% vs TSMZ -75.1%.
Should I hold both NVDS and TSMZ?
NVDS and TSMZ have a monthly-return correlation of 0.39, 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, NVDS or TSMZ?
NVDS yields 22.47% while TSMZ yields 4.42%, so NVDS currently pays the higher dividend yield.
Is TSMZ better than NVDS?
TSMZ has a lower expense ratio. TSMZ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.