NVDX vs QQQ
T-Rex 2X Long NVIDIA Daily Target ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDX or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. NVDX led over 3Y and the full window, QQQ over 1Y.
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 | NVDX | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $441M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 13 | 321 |
| YTD Return | +10.15% | +19.30%Best |
| 1Y Return | +9.78% | +22.47%Best |
| 3Y Return (annualized) | +107.55%Best | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 78.8% | 17.2%Best |
| Max Drawdown | -68.2% | -22.8%Best |
| $10,000 over 3 years | $89,406Best | $20,659 |
| Fund Family | REX Shares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Oct 18, 2023 | Mar 10, 1999 |
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).
NVDX vs QQQ 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.
NVDX vs QQQ Performance
T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NVDX returned +9.78% while QQQ returned +22.47%. Year to date, NVDX is up 10.15% versus a gain of 19.30% for QQQ.
Over three years, NVDX compounded at +107.55% per year against +26.18% for QQQ.
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 17.2% for QQQ. 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 -68.2% for NVDX and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDX charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, NVDX currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
At least 8.3% of QQQ's money is in holdings NVDX also owns.
Stated as a floor: for NVDX, our book for it covers 83.4% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and NVDX share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in NVDX and 101 in QQQ, against full books of 13 and 321.
Top Shared Holdings
| Stock | Weight in NVDX | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 83.43% | 8.33% | 75.10% |
You are not choosing between two funds in isolation.
Whichever of NVDX and QQQ 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, NVDX or QQQ?
NVDX has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, NVDX or QQQ?
Over the past year NVDX returned +9.78% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDX or QQQ?
NVDX has been the more volatile fund at 78.8% annualized versus 17.2% for QQQ. Worst drawdown: NVDX -68.2% vs QQQ -22.8%.
Should I hold both NVDX and QQQ?
NVDX and QQQ have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between NVDX and QQQ?
At least 8.3% of QQQ's money is in holdings NVDX also owns. Our book for NVDX is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 1 positions we hold weights for in NVDX and 101 in QQQ.
Which pays a higher dividend, NVDX or QQQ?
NVDX yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NVDX?
QQQ has a lower expense ratio. NVDX led over 3Y and the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.