NVDX vs UPRO
T-Rex 2X Long NVIDIA Daily Target ETF vs ProShares UltraPro S&P 500
Which is better, NVDX or UPRO?
Each has led over a different period.
UPRO has a lower expense ratio. NVDX led over 3Y and the full window, UPRO 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 | UPRO |
|---|---|---|
| Expense Ratio | 1.05% | 0.88%Best |
| AUM | $441M | $5.7B |
| Dividend Yield | 0.00% | 0.77% |
| Holdings | 13 | 520 |
| YTD Return | +10.15% | +29.25%Best |
| 1Y Return | +9.78% | +38.25%Best |
| 3Y Return (annualized) | +107.55%Best | +51.43% |
| 5Y Return (annualized) | - | +19.36% |
| Volatility (annualized) | 78.8% | 38.6%Best |
| Max Drawdown | -68.2% | -49.1%Best |
| $10,000 over 3 years | $89,406Best | $37,347 |
| Fund Family | REX Shares | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Oct 18, 2023 | Jun 23, 2009 |
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 UPRO 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 UPRO Performance
T-Rex 2X Long NVIDIA Daily Target ETF (NVDX) is an ETF from REX Shares and ProShares UltraPro S&P 500 (UPRO) is an ETF from ProShares. Over the past year NVDX returned +9.78% while UPRO returned +38.25%. Year to date, NVDX is up 10.15% versus a gain of 29.25% for UPRO.
Over three years, NVDX compounded at +107.55% per year against +51.43% for UPRO.
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 38.6% for UPRO. 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 -49.1% for UPRO. 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 UPRO charges 0.88%. On a $10,000 position that is $105 vs $88 annually, a gap of $17 per year that compounds over a long holding period. On income, NVDX currently yields 0.00% against 0.77% for UPRO.
Holdings Overlap
We hold position weights for 1 holding in NVDX and 502 in UPRO, totalling 83.4% and 72.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in NVDX and 502 in UPRO, against full books of 13 and 520.
Top Shared Holdings
| Stock | Weight in NVDX | Weight in UPRO | Difference |
|---|---|---|---|
| NVDANvidia Corp | 83.43% | 4.01% | 79.42% |
You are not choosing between two funds in isolation.
Whichever of NVDX and UPRO 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 UPRO?
NVDX has an expense ratio of 1.05% while UPRO charges 0.88%. UPRO is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, NVDX or UPRO?
Over the past year NVDX returned +9.78% vs +38.25% for UPRO, so UPRO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDX or UPRO?
NVDX has been the more volatile fund at 78.8% annualized versus 38.6% for UPRO. Worst drawdown: NVDX -68.2% vs UPRO -49.1%.
Should I hold both NVDX and UPRO?
NVDX and UPRO 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.
Which pays a higher dividend, NVDX or UPRO?
NVDX yields 0.00% while UPRO yields 0.77%, so UPRO currently pays the higher dividend yield.
Is UPRO better than NVDX?
UPRO has a lower expense ratio. NVDX led over 3Y and the full window, UPRO over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.