NVDX vs SPUU
T-Rex 2X Long NVIDIA Daily Target ETF vs Direxion Daily S&P 500 Bull 2X ETF
Which is better, NVDX or SPUU?
Each has led over a different period.
SPUU has a lower expense ratio. NVDX led over 3Y and the full window, SPUU 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 | SPUU |
|---|---|---|
| Expense Ratio | 1.05% | 0.60%Best |
| AUM | $441M | $296M |
| Dividend Yield | 0.00% | 1.31% |
| Holdings | 13 | 1,020 |
| YTD Return | +10.15% | +22.36%Best |
| 1Y Return | +9.78% | +29.25%Best |
| 3Y Return (annualized) | +107.55%Best | +38.29% |
| 5Y Return (annualized) | - | +18.51% |
| Volatility (annualized) | 78.8% | 25.0%Best |
| Max Drawdown | -68.2% | -35.2%Best |
| $10,000 over 3 years | $89,406Best | $27,759 |
| Fund Family | REX Shares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 18, 2023 | May 28, 2014 |
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 SPUU 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.
NVDX vs SPUU Performance
T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares and Direxion Daily S&P 500 Bull 2X ETF (SPUU) is an ETF from Direxion Shares ETF Trust. Over the past year NVDX returned +9.78% while SPUU returned +29.25%. Year to date, NVDX is up 10.15% versus a gain of 22.36% for SPUU.
Over three years, NVDX compounded at +107.55% per year against +38.29% for SPUU.
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 25.0% for SPUU. 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 -35.2% for SPUU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDX charges 1.05% per year while SPUU charges 0.60%. On a $10,000 position that is $105 vs $60 annually, a gap of $45 per year that compounds over a long holding period. On income, NVDX currently yields 0.00% against 1.31% for SPUU.
Holdings Overlap
At least 7.1% of SPUU'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.
SPUU and NVDX share little of their money.
1 positions in common, counted across the 1 positions we hold weights for in NVDX and 506 in SPUU, against full books of 13 and 1,020.
Top Shared Holdings
| Stock | Weight in NVDX | Weight in SPUU | Difference |
|---|---|---|---|
| NVDANvidia Corp | 83.43% | 7.12% | 76.31% |
You are not choosing between two funds in isolation.
Whichever of NVDX and SPUU 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 SPUU?
NVDX has an expense ratio of 1.05% while SPUU charges 0.60%. SPUU is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, NVDX or SPUU?
Over the past year NVDX returned +9.78% vs +29.25% for SPUU, so SPUU leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDX or SPUU?
NVDX has been the more volatile fund at 78.8% annualized versus 25.0% for SPUU. Worst drawdown: NVDX -68.2% vs SPUU -35.2%.
Should I hold both NVDX and SPUU?
NVDX and SPUU have a monthly-return correlation of 0.63, 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 SPUU?
At least 7.1% of SPUU'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 506 in SPUU.
Which pays a higher dividend, NVDX or SPUU?
NVDX yields 0.00% while SPUU yields 1.31%, so SPUU currently pays the higher dividend yield.
Is SPUU better than NVDX?
SPUU has a lower expense ratio. NVDX led over 3Y and the full window, SPUU over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.