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AXS 1.25X NVDA Bear Daily ETF (NVDS) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Wed, Nov 20
Price26.00
Volume2m
Avg Vol2m
RSf0.1
$Vol(21d)43m
52 wk High182.43
52 wk Low25.12
Yield(ttm)16.43%
Inception:Jul 2022
Total Returns:
1 day1.2%
5 day0.2%
1 month-3.6%
3 month-27.6%
6 month-55.3%
9 month-66.4%
1 year-83.6%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Proshares UltraShort SemiconductorsSSG0.97  
Direxion Technology Bear 3X SharesTECS0.85  
Direxion Daily Semiconductor Bear 3x SharesSOXS0.81  
ProShares UltraPro Short QQQSQQQ0.79  
Proshares UltraShort QQQQID0.79  
ProShares Short QQQPSQ0.79  
MicroSectors FANG+ -3X Invrs Lvrgd ETNFNGD0.75  
Direxion S&P 500 Bear 3X SharesSPXS0.69  
Direxion Daily S&P 500 Bear 1X SharesSPDN0.69  
ProShares UltraPro Short S&P 500SPXU0.69  
Least Correlated
iShares S&P/Citi Intl Treasury BondIGOV0.00  
Dimensional Inflation-Protected SecuritiesDFIP0.00  
CBOE Vest S&P500 Div AristocratsKNG0.00  
Aptus Enhanced YieldJUCY0.00  
iShares iBoxx$ Invst Grd Cp BdLQD0.00  
Capital Grp Short Dur Income ETFCGSD0.00  
iShares Intermediate Corp Bond ETFIGIB0.00  
SPDR DJ Global Real Estate ETFRWO-0.00  
Fidelity Corporate Bond ETFFCOR-0.00  
First Trust Value Line Dividend ETFFVD-0.00  
Most Inversely Correlated
Direxion Technology Bull 3X SharesTECL-0.85  
Select Sector SPDR Fund - TechnologyXLK-0.85  
Proshares Ultra TechnologyROM-0.85  
iShares S&P Global Technology Index FundIXN-0.86  
VanEck Vectors SemiconductorSMH-0.88  
Strive U S SemiconductorSHOC-0.89  
Proshares Ultra SemiconductorsUSD-0.97  
GraniteShares 2x Long NVDA Daily ETFNVDL-1.00  
T-Rex 2X Long NVIDIA Daily Target ETFNVDX-1.00  
Direxion Daily NVDA Bull 2X SharesNVDU-1.00  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2024-11-15.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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