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NVD vs FCEF

Comparison between GRANITESHARES 2X SHORT NVDA DAILY ETF (NVD, ETF) and FIRST TRUST INCOME OPPORTUNITIES ETF (FCEF, ETF).

NVD vs FCEF - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
NVD
$75M
Winner
FCEF
$75M
Expense Ratio
NVD
N/A
FCEF
3.69%
Max Drawdown
NVD
99.48%
Winner
FCEF
45.08%
Sharpe Ratio
NVD
-1.18
Winner
FCEF
1.36
5Y Beta
Winner
NVD
-4.01
FCEF
0.52
5Y Dividends CAGR
NVD
N/A
FCEF
7.77%

NVD vs FCEF - Historical Returns

Returns include dividend reinvestment.

1M
NVD
-13.08%
Winner
FCEF
-0.60%
3M
NVD
-27.86%
Winner
FCEF
+2.35%
6M
NVD
-33.58%
Winner
FCEF
+6.06%
1Y
NVD
-65.11%
Winner
FCEF
+15.15%
5Y(CAGR)
NVD
N/A
FCEF
+5.64%
10Y(CAGR)
NVD
N/A
FCEF
+8.06%
Max(CAGR)
NVD
-80.18%
Winner
FCEF
+8.06%

NVD vs FCEF - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

YearNVDFCEF
2026-27.65%+5.40%
2025-71.62%+14.75%
2024-93.38%+17.46%
2023-15.26%+9.76%
2022N/A-19.62%
2021N/A+20.61%
2020N/A+3.39%
2019N/A+27.64%
2018N/A-10.18%
2017N/A+14.94%
2016N/A+1.17%

NVD vs FCEF Drawdown Comparison

The maximum drawdown for NVD was -99.26%, occurring on May 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for FCEF was -44.80%, occurring on Mar 18, 2020. Recovery took 224 trading sessions.

The current NVD drawdown is -99.05%. The current FCEF drawdown is -2.02%.

RankNVDFCEF
#1-99.26%
Oct 26, 2023 - May 14, 2026
-44.80%
Feb 19, 2020 - Jan 7, 2021
#2-18.47%
Sep 21, 2023 - Oct 26, 2023
-25.29%
Sep 7, 2021 - Jul 16, 2024
#3-11.64%
Aug 22, 2023 - Sep 11, 2023
-17.78%
Aug 29, 2018 - Apr 5, 2019
#4-2.83%
Sep 12, 2023 - Sep 15, 2023
-12.39%
Feb 18, 2025 - Jun 3, 2025
#5-0.26%
Sep 15, 2023 - Sep 19, 2023
-7.03%
Mar 2, 2026 - Apr 30, 2026
#6N/A-6.94%
Oct 10, 2016 - Jan 5, 2017
#7N/A-6.90%
Jan 26, 2018 - Jul 24, 2018
#8N/A-5.39%
Dec 5, 2024 - Feb 5, 2025
#9N/A-4.87%
Jul 12, 2021 - Aug 12, 2021
#10N/A-4.52%
Jul 31, 2024 - Aug 19, 2024
#11N/A-4.07%
May 6, 2019 - Jun 18, 2019
#12N/A-3.94%
Jul 16, 2019 - Sep 13, 2019
#13N/A-3.57%
Oct 13, 2017 - Dec 28, 2017
#14N/A-3.55%
Aug 1, 2017 - Sep 18, 2017
#15N/A-3.23%
Feb 12, 2021 - Mar 15, 2021

Correlation

Correlation between NVD and FCEF is -0.81 which considered as a strong negative correlation - the stocks tend to move in opposite directions.

-0.81
-101

Dividend Comparison (2016 - 2026)

NVD vs FCEF dividend yield comparison.

YearNVDFCEF
20260.00%2.90%
202511.83%7.05%
20248.68%7.13%
202315.78%7.17%
20220.00%7.26%
20210.00%4.74%
20200.00%5.03%
20190.00%5.07%
20180.00%5.96%
20170.00%4.90%
20160.00%1.51%

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