NVDS vs SPDN
Tradr 1.5X Short NVDA Daily ETF vs Direxion Daily S&P 500 Bear 1X ETF
Which is better, NVDS or SPDN?
SPDN has been ahead.
SPDN has a lower expense ratio. SPDN 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 | NVDS | SPDN |
|---|---|---|
| Expense Ratio | 1.15% | 0.48%Best |
| AUM | $11M | $261M |
| Dividend Yield | 21.23% | 3.39% |
| Holdings | 6 | 10 |
| YTD Return | -36.14% | -9.37%Best |
| 1Y Return | -36.92% | -9.88%Best |
| 3Y Return (annualized) | -63.96% | -13.84%Best |
| 5Y Return (annualized) | - | -8.70% |
| Volatility (annualized) | 52.6% | 13.9%Best |
| Max Drawdown | - | -45.5% |
| $10,000 over 4.2 years | $83 | $5,793Best |
| Fund Family | Tradr ETFs | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Jul 13, 2022 | Jun 8, 2016 |
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 9, 2026 (4.2 years).
NVDS vs SPDN 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.
NVDS vs SPDN Performance
Tradr 1.5X Short NVDA Daily ETF (NVDS) is an ETF from Tradr ETFs and Direxion Daily S&P 500 Bear 1X ETF (SPDN) is an ETF from Direxion Shares ETF Trust. Over the past year NVDS returned -36.92% while SPDN returned -9.88%. Year to date, NVDS is down 36.14% versus a loss of 9.37% for SPDN.
Over three years, NVDS compounded at -63.96% per year against -13.84% for SPDN. Across the full 4-year window we track, SPDN has the edge at -12.19% annualized vs -68.09%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDS has been the more volatile fund, with annualized monthly volatility of 52.6% compared with 13.9% for SPDN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDS charges 1.15% per year while SPDN charges 0.48%. On a $10,000 position that is $115 vs $48 annually, a gap of $67 per year that compounds over a long holding period. On income, NVDS currently yields 21.23% against 3.39% for SPDN.
You are not choosing between two funds in isolation.
Whichever of NVDS and SPDN 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, NVDS or SPDN?
NVDS has an expense ratio of 1.15% while SPDN charges 0.48%. SPDN is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, NVDS or SPDN?
Over the past year NVDS returned -36.92% vs -9.88% for SPDN, so SPDN leads on 1-year performance. Over the longest common window we track (4 years), NVDS annualized -68.09% vs -12.19% for SPDN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDS or SPDN?
NVDS has been the more volatile fund at 52.6% annualized versus 13.9% for SPDN.
Should I hold both NVDS and SPDN?
NVDS and SPDN have a monthly-return correlation of 0.69, 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, NVDS or SPDN?
NVDS yields 21.23% while SPDN yields 3.39%, so NVDS currently pays the higher dividend yield.
Is SPDN better than NVDS?
SPDN has a lower expense ratio. SPDN 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.