FAZ vs NVDS
Direxion Daily Financial Bear 3X ETF vs Tradr 1.5X Short NVDA Daily ETF
Which is better, FAZ or NVDS?
FAZ has been ahead.
FAZ has a lower expense ratio. FAZ led over 1Y, 3Y 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 | FAZ | NVDS |
|---|---|---|
| Expense Ratio | 1.03%Best | 1.15% |
| AUM | $93M | $11M |
| Dividend Yield | 2.62% | 21.23% |
| Holdings | 16 | 6 |
| YTD Return | -3.11%Best | -34.87% |
| 1Y Return | -14.69%Best | -37.45% |
| 3Y Return (annualized) | -41.40%Best | -63.83% |
| 5Y Return (annualized) | -27.99% | - |
| Volatility (annualized) | 48.9%Best | 52.7% |
| Max Drawdown | -88.8% | - |
| $10,000 over 4.2 years | $1,368Best | $85 |
| Fund Family | Direxion Shares ETF Trust | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Nov 6, 2008 | Jul 13, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jul 14, 2022 to Oct 12, 2026 (4.2 years).
FAZ vs NVDS 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 4.2 years both funds cover.
FAZ vs NVDS Performance
Direxion Daily Financial Bear 3X ETF (FAZ) is an ETF from Direxion Shares ETF Trust and Tradr 1.5X Short NVDA Daily ETF (NVDS) is an ETF from Tradr ETFs. Over the past year FAZ returned -14.69% while NVDS returned -37.45%. Year to date, FAZ is down 3.11% versus a loss of 34.87% for NVDS.
Over three years, FAZ compounded at -41.40% per year against -63.83% for NVDS. Across the full 4-year window we track, FAZ has the edge at -37.73% annualized vs -67.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDS has been the more volatile fund, with annualized monthly volatility of 52.7% compared with 48.9% for FAZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FAZ charges 1.03% per year while NVDS charges 1.15%. On a $10,000 position that is $103 vs $115 annually, a gap of $12 per year that compounds over a long holding period. On income, FAZ currently yields 2.62% against 21.23% for NVDS.
You are not choosing between two funds in isolation.
Whichever of FAZ and NVDS 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, FAZ or NVDS?
FAZ has an expense ratio of 1.03% while NVDS charges 1.15%. FAZ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, FAZ or NVDS?
Over the past year FAZ returned -14.69% vs -37.45% for NVDS, so FAZ leads on 1-year performance. Over the longest common window we track (4 years), FAZ annualized -37.73% vs -67.87% for NVDS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FAZ or NVDS?
NVDS has been the more volatile fund at 52.7% annualized versus 48.9% for FAZ.
Should I hold both FAZ and NVDS?
FAZ and NVDS have a monthly-return correlation of 0.34, 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, FAZ or NVDS?
FAZ yields 2.62% while NVDS yields 21.23%, so NVDS currently pays the higher dividend yield.
Is NVDS better than FAZ?
FAZ has a lower expense ratio. FAZ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.