NVDQ vs GGLS

Comparison between T-REX 2X INVERSE NVIDIA DAILY TARGET ETF (NVDQ, ETF) and Direxion Daily GOOGL Bear 1X ETF (GGLS, ETF).

NVDQ vs GGLS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVDQ(ETF)	GGLS(ETF)
Net Assets	$19M	$19M
Expense Ratio	N/A	1.02%
Max Drawdown	99.57%	83.50%
Sharpe Ratio	-0.83	-1.65
5Y Beta	-3.77	-1.12

Net Assets

Winner

NVDQ

$19M

GGLS

$19M

Expense Ratio

NVDQ

N/A

GGLS

1.02%

Max Drawdown

NVDQ

99.57%

Winner

GGLS

83.50%

Sharpe Ratio

Winner

NVDQ

-0.83

GGLS

-1.65

5Y Beta

Winner

NVDQ

-3.77

GGLS

-1.12

NVDQ vs GGLS - Historical Returns

Returns include dividend reinvestment.

Period	NVDQ	GGLS
1 month	-29.67%	-4.83%
3 months	-24.62%	+11.91%
6 months	-52.22%	-11.81%
1 year	-58.15%	-42.41%
Max(CAGR)	-83.88%	-27.55%

NVDQ

-29.67%

Winner

GGLS

-4.83%

NVDQ

-24.62%

Winner

GGLS

+11.91%

NVDQ

-52.22%

Winner

GGLS

-11.81%

NVDQ

-58.15%

Winner

GGLS

-42.41%

Max(CAGR)

NVDQ

-83.88%

Winner

GGLS

-27.55%

NVDQ vs GGLS - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NVDQ	GGLS
2026	-48.81%	-10.89%
2025	-73.01%	-42.62%
2024	-94.15%	-27.17%
2023	-30.59%	-37.02%
2022	N/A	+19.63%

NVDQ vs GGLS Drawdown Comparison

The maximum drawdown for NVDQ was -99.49%, occurring on Aug 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for GGLS was -81.22%, occurring on May 13, 2026. This drawdown has not yet recovered.

The current NVDQ drawdown is -99.49%. The current GGLS drawdown is -78.25%.

Rank	NVDQ	GGLS
#1	-99.49% Oct 26, 2023 - Aug 27, 2026	-81.22% Nov 3, 2022 - May 13, 2026
#2	-10.93% Oct 20, 2023 - Oct 26, 2023	-8.73% Sep 30, 2022 - Oct 27, 2022
#3	N/A	-4.30% Oct 27, 2022 - Nov 1, 2022
#4	N/A	-2.67% Sep 27, 2022 - Sep 30, 2022
#5	N/A	-2.32% Sep 8, 2022 - Sep 13, 2022
#6	N/A	-0.55% Sep 21, 2022 - Sep 23, 2022
#7	N/A	-0.48% Sep 13, 2022 - Sep 15, 2022
#8	N/A	-0.13% Sep 16, 2022 - Sep 20, 2022