NVDQ vs QQQ
T-Rex 2X Inverse NVIDIA Daily Target ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NVDQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.18% | |
| AUM | $16M | $496.3B | |
| Dividend Yield | 0.36% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | -40.57% | +16.64% | |
| 1Y Return | -54.91% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 58.6% | 30.6% | |
| Max Drawdown | -99.5% | -83.0% | |
| Fund Family | REX Shares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 18, 2023 | Mar 10, 1999 |
NVDQ vs QQQ Performance
T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ) is a ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NVDQ returned -54.91% while QQQ returned +27.27%. Year to date, NVDQ is down 40.57% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
NVDQ has been the more volatile fund, with annualized monthly volatility of 58.6% compared with 30.6% 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 -99.5% for NVDQ and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.62. They move independently enough that combining them can meaningfully diversify a portfolio.
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 0.36% against 0.44% for QQQ.
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. On a $10,000 investment, that is $87 per year of difference.
Which performed better, NVDQ or QQQ?
Over the past year NVDQ returned -54.91% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), NVDQ annualized -83.23% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NVDQ or QQQ?
NVDQ has been the more volatile fund at 58.6% annualized versus 30.6% for QQQ. Worst drawdown: NVDQ -99.5% vs QQQ -83.0%.
Should I hold both NVDQ and QQQ?
NVDQ and QQQ have a monthly-return correlation of -0.62, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, NVDQ or QQQ?
NVDQ yields 0.36% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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