{"url":"https://etfiq.com/compare/leverage/nvds-vs-nvdx","section":"compare","title":"NVDS vs NVDX: which held to its multiple? | ETFIQ","description":"NVDS sets out to return -1.5 times NVDA each day and NVDX +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22126.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NVDS or NVDX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, NVDS finished 0.1 points from what its multiple implies and NVDX finished 6.8 points from its own, so NVDS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are NVDS and NVDX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on NVIDIA, NVDS at -1.5 times and NVDX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NVDS or NVDX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NVDS\u2019s moved at 38% annualized and NVDX\u2019s at 38%, so NVDS has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold NVDS or NVDX for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, NVDS or NVDX?","acceptedAnswer":{"@type":"Answer","text":"NVDS charges 1.15% a year and NVDX charges 1.05%, so NVDX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"NVDS vs NVDX","item":"https://etfiq.com/compare/leverage/nvds-vs-nvdx"}]},{"@type":"WebPage","name":"NVDS vs NVDX: which held to its multiple?","description":"NVDS sets out to return -1.5 times NVDA each day and NVDX +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22126.8 pts away.","url":"https://etfiq.com/compare/leverage/nvds-vs-nvdx","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, NVDS finished 1.4 points over and NVDX 4.6 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NVDS and NVDX","description":"NVDS sets out to return -1.5 times NVDA each day and NVDX +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22126.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nvds-vs-nvdx","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":7197,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NVDS vs NVDX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n NVDS vs NVDX: which held to its multiple?\n\n Over three months against its own daily promise, NVDS finished 1.4 points over and NVDX 4.6 points short.\n Copy this for sharing \n \n Tradr 1.5X Short NVDA Daily ETF and T-REX 2X LONG NVIDIA DAILY TARGET ETF.\n\n Download as PDF \n\n \u221223.7% NVDS returned, 3 months \n +24.6% NVDX returned, 3 months \n \u22120.1 pts NVDS from its stated multiple \n \u22126.8 pts NVDX from its stated multiple \n\n ETFIQ Decay Resistance Score: NVDS scores higher\n Did","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/nvds-vs-nvdx","a":{"ticker":"NVDS","name":"Tradr 1.5X Short NVDA Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NVDS returned \u221223.7% where its own daily promise gave \u221225.1%, 1.4 points over.","url":"https://etfiq.com/funds/nvds","key_facts":[{"label":"What NVDA did","value":"+15.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121.5 times a day gives","value":"\u221225.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221223.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.15%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 23, 2026"}]},"b":{"ticker":"NVDX","name":"T-REX 2X LONG NVIDIA DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NVDX returned +24.6% where its own daily promise gave +29.2%, 4.6 points short.","url":"https://etfiq.com/funds/nvdx","key_facts":[{"label":"What NVDA did","value":"+15.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+29.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+24.6%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22124.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$479m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 28, 2025"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/nvds-vs-nvdx"}