NVDQ vs QQQ
T-Rex 2X Inverse NVIDIA Daily Target ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDQ or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees.
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 | NVDQ | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $17M | $498.6B |
| Dividend Yield | 0.49% | 0.42% |
| Holdings | 5 | 321 |
| YTD Return | -54.12% | +24.01%Best |
| 1Y Return | -60.21% | +25.94%Best |
| 3Y Return (annualized) | -83.39% | +28.16%Best |
| 5Y Return (annualized) | - | +16.56% |
| Volatility (annualized) | 57.2% | 17.1%Best |
| Max Drawdown | - | -22.8% |
| $10,000 over 3 years | $46 | $21,587Best |
| 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 7, 2026 (3 years).
NVDQ 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 covers the 3 years both funds cover.
NVDQ vs QQQ Performance
T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is an ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NVDQ returned -60.21% while QQQ returned +25.94%. Year to date, NVDQ is down 54.12% versus a gain of 24.01% for QQQ.
Over three years, NVDQ compounded at -83.39% per year against +28.16% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDQ has been the more volatile fund, with annualized monthly volatility of 57.2% compared with 17.1% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.62. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
NVDQ 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, NVDQ currently yields 0.49% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of NVDQ 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, NVDQ or QQQ?
NVDQ 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, NVDQ or QQQ?
Over the past year NVDQ returned -60.21% vs +25.94% 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, NVDQ or QQQ?
NVDQ has been the more volatile fund at 57.2% annualized versus 17.1% for QQQ.
Should I hold both NVDQ and QQQ?
NVDQ and QQQ have a monthly-return correlation of -0.62, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, NVDQ or QQQ?
NVDQ yields 0.49% while QQQ yields 0.42%, so NVDQ currently pays the higher dividend yield.
Is QQQ better than NVDQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.62, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.