NVDD vs MARB

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

NVDD vs MARB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

NVDD

$19M

MARB

$19M

Expense Ratio

NVDD

1.01%

Winner

MARB

0.95%

Max Drawdown

NVDD

89.33%

Winner

MARB

11.99%

Sharpe Ratio

NVDD

-0.58

Winner

MARB

0.40

5Y Beta

Winner

NVDD

-1.98

MARB

0.04

NVDD vs MARB - Historical Returns

Returns include dividend reinvestment.

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

NVDD

+0.29%

Winner

MARB

+0.94%

NVDD

-6.01%

Winner

MARB

+0.74%

NVDD

-14.70%

Winner

MARB

+1.37%

NVDD

-21.28%

Winner

MARB

+6.28%

5Y(CAGR)

NVDD

N/A

MARB

+3.00%

Max(CAGR)

NVDD

-48.96%

Winner

MARB

+2.05%

NVDD vs MARB - Annual Returns (2020 - 2026)

Returns include dividend reinvestment.

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

NVDD vs MARB Drawdown Comparison

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

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

The current NVDD drawdown is -86.92%.

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

Correlation

Correlation between NVDD and MARB 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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