BHDG vs NVTX

Comparison between Nicholas Bitcoin Tail ETF (BHDG, ETF) and TRADR 2X LONG NVTS DAILY ETF (NVTX, ETF).

BHDG vs NVTX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	BHDG(ETF)	NVTX(ETF)
Net Assets	$21M	$21M
Expense Ratio	0.97%	N/A
Max Drawdown	17.03%	93.29%
Sharpe Ratio	-1.20	1.01
5Y Beta	-0.79	9.42

Net Assets

BHDG

$21M

NVTX

$21M

Expense Ratio

BHDG

0.97%

NVTX

N/A

Max Drawdown

Winner

BHDG

17.03%

NVTX

93.29%

Sharpe Ratio

BHDG

-1.20

Winner

NVTX

1.01

5Y Beta

Winner

BHDG

-0.79

NVTX

9.42

BHDG vs NVTX - Historical Returns

Returns include dividend reinvestment.

Period	BHDG	NVTX
1 month	-7.22%	-6.29%
3 months	-5.09%	-87.10%
6 months	-12.12%	-49.14%
1 year	N/A	-36.64%
Max(CAGR)	-24.61%	-37.31%

BHDG

-7.22%

Winner

NVTX

-6.29%

Winner

BHDG

-5.09%

NVTX

-87.10%

Winner

BHDG

-12.12%

NVTX

-49.14%

BHDG

N/A

NVTX

-36.64%

Max(CAGR)

Winner

BHDG

-24.61%

NVTX

-37.31%

BHDG vs NVTX - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	BHDG	NVTX
2026	-12.12%	-48.06%
2025	N/A	-9.65%

BHDG vs NVTX Drawdown Comparison

The maximum drawdown for BHDG was -17.03%, occurring on Aug 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for NVTX was -93.29%, occurring on Jul 29, 2026. This drawdown has not yet recovered.

The current BHDG drawdown is -15.68%. The current NVTX drawdown is -92.27%.

Rank	BHDG	NVTX
#1	-17.03% Mar 27, 2026 - Aug 27, 2026	-93.29% May 26, 2026 - Jul 29, 2026
#2	-1.07% Mar 24, 2026 - Mar 26, 2026	-89.04% Oct 20, 2025 - May 22, 2026
#3	-0.59% Mar 20, 2026 - Mar 24, 2026	-20.39% Sep 22, 2025 - Oct 1, 2025
#4	N/A	-13.18% Oct 16, 2025 - Oct 20, 2025
#5	N/A	-12.51% Oct 2, 2025 - Oct 13, 2025
#6	N/A	-10.20% Sep 12, 2025 - Sep 17, 2025
#7	N/A	-5.11% Sep 9, 2025 - Sep 11, 2025