MARB vs NVDD

Comparison between FIRST TRUST MERGER ARBITRAGE ETF (MARB, ETF) and DIREXION DAILY NVDA BEAR 1X SHARES (NVDD, ETF).

MARB vs NVDD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MARB(ETF)	NVDD(ETF)
Net Assets	$19M	$19M
Expense Ratio	0.95%	1.01%
Max Drawdown	11.99%	89.33%
Sharpe Ratio	0.40	-0.58
5Y Beta	0.04	-1.98

Net Assets

MARB

$19M

NVDD

$19M

Expense Ratio

Winner

MARB

0.95%

NVDD

1.01%

Max Drawdown

Winner

MARB

11.99%

NVDD

89.33%

Sharpe Ratio

Winner

MARB

0.40

NVDD

-0.58

5Y Beta

MARB

0.04

Winner

NVDD

-1.98

MARB vs NVDD - Historical Returns

Returns include dividend reinvestment.

Period	MARB	NVDD
1 month	+0.94%	+0.29%
3 months	+0.74%	-6.01%
6 months	+1.37%	-14.70%
1 year	+6.28%	-21.28%
5 years(CAGR)	+3.00%	N/A
Max(CAGR)	+2.05%	-48.96%

Winner

MARB

+0.94%

NVDD

+0.29%

Winner

MARB

+0.74%

NVDD

-6.01%

Winner

MARB

+1.37%

NVDD

-14.70%

Winner

MARB

+6.28%

NVDD

-21.28%

5Y(CAGR)

MARB

+3.00%

NVDD

N/A

Max(CAGR)

Winner

MARB

+2.05%

NVDD

-48.96%

MARB vs NVDD - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

Year	MARB	NVDD
2026	+1.96%	-12.29%
2025	+7.15%	-36.76%
2024	+0.87%	-70.52%
2023	+2.02%	-8.77%
2022	+4.08%	N/A
2021	+0.32%	N/A
2020	-2.35%	N/A

MARB vs NVDD Drawdown Comparison

The maximum drawdown for MARB was -11.99%, occurring on Mar 18, 2020. Recovery took 545 trading sessions.

The maximum drawdown for NVDD was -88.32%, occurring on May 14, 2026. This drawdown has not yet recovered.

The current NVDD drawdown is -86.92%.

Rank	MARB	NVDD
#1	-11.99% Feb 21, 2020 - Apr 20, 2022	-88.32% Oct 26, 2023 - May 14, 2026
#2	-3.67% Dec 21, 2023 - Dec 24, 2024	-12.53% Sep 21, 2023 - Oct 26, 2023
#3	-3.45% Feb 23, 2023 - Aug 28, 2023	-0.22% Sep 13, 2023 - Sep 15, 2023
#4	-3.19% Apr 20, 2022 - Aug 10, 2022	-0.02% Sep 15, 2023 - Sep 19, 2023
#5	-2.43% Jul 14, 2025 - Jul 22, 2025	N/A
#6	-1.80% Feb 28, 2025 - Apr 28, 2025	N/A
#7	-1.71% Nov 1, 2022 - Feb 22, 2023	N/A
#8	-1.28% Sep 13, 2022 - Oct 24, 2022	N/A
#9	-1.23% Oct 30, 2025 - Nov 7, 2025	N/A
#10	-1.15% Jan 24, 2025 - Feb 13, 2025	N/A
#11	-1.14% Oct 17, 2023 - Dec 8, 2023	N/A
#12	-1.01% Apr 6, 2026 - Apr 9, 2026	N/A
#13	-0.91% Aug 21, 2025 - Oct 2, 2025	N/A
#14	-0.82% Jan 23, 2026 - Apr 1, 2026	N/A
#15	-0.79% Nov 7, 2025 - Nov 11, 2025	N/A

Correlation

Correlation between MARB and NVDD is -0.61 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.61

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