NVDQ vs OVS

Comparison between T-REX 2X INVERSE NVIDIA DAILY TARGET ETF (NVDQ, ETF) and OVERLAY SHARES SMALL CAP EQUITY ETF (OVS, ETF).

NVDQ vs OVS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVDQ(ETF)	OVS(ETF)
Net Assets	$28M	$28M
Expense Ratio	N/A	0.83%
Max Drawdown	99.53%	45.09%
Sharpe Ratio	-1.24	1.56
5Y Beta	-3.99	1.15
5Y Dividends CAGR	N/A	29.71%

Net Assets

Winner

NVDQ

$28M

OVS

$28M

Expense Ratio

NVDQ

N/A

OVS

0.83%

Max Drawdown

NVDQ

99.53%

Winner

OVS

45.09%

Sharpe Ratio

NVDQ

-1.24

Winner

OVS

1.56

5Y Beta

Winner

NVDQ

-3.99

OVS

1.15

5Y Dividends CAGR

NVDQ

N/A

OVS

29.71%

NVDQ vs OVS - Historical Returns

Returns include dividend reinvestment.

Period	NVDQ	OVS
1 month	+9.92%	+5.36%
3 months	-29.15%	+18.73%
6 months	-40.43%	+18.40%
1 year	-64.68%	+38.62%
5 years(CAGR)	N/A	+6.52%
Max(CAGR)	-84.26%	+12.41%

Winner

NVDQ

+9.92%

OVS

+5.36%

NVDQ

-29.15%

Winner

OVS

+18.73%

NVDQ

-40.43%

Winner

OVS

+18.40%

NVDQ

-64.68%

Winner

OVS

+38.62%

5Y(CAGR)

NVDQ

N/A

OVS

+6.52%

Max(CAGR)

NVDQ

-84.26%

Winner

OVS

+12.41%

NVDQ vs OVS - Annual Returns (2019 - 2026)

Returns include dividend reinvestment.

Year	NVDQ	OVS
2026	-29.71%	+20.41%
2025	-73.01%	+6.66%
2024	-94.15%	+11.93%
2023	-30.59%	+17.54%
2022	N/A	-20.81%
2021	N/A	+31.69%
2020	N/A	+12.30%
2019	N/A	+11.52%

NVDQ vs OVS Drawdown Comparison

The maximum drawdown for NVDQ was -99.45%, occurring on May 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for OVS was -45.09%, occurring on Mar 23, 2020. Recovery took 216 trading sessions.

The current NVDQ drawdown is -99.30%.

Rank	NVDQ	OVS
#1	-99.45% Oct 26, 2023 - May 14, 2026	-45.09% Jan 16, 2020 - Nov 23, 2020
#2	-10.93% Oct 20, 2023 - Oct 26, 2023	-30.46% Nov 25, 2024 - Jan 6, 2026
#3	N/A	-30.43% Nov 5, 2021 - Jul 16, 2024
#4	N/A	-10.19% Jun 8, 2021 - Nov 1, 2021
#5	N/A	-9.84% Jul 31, 2024 - Oct 14, 2024
#6	N/A	-9.40% Mar 12, 2021 - Jun 1, 2021
#7	N/A	-8.46% Feb 6, 2026 - Apr 13, 2026
#8	N/A	-5.00% Nov 11, 2024 - Nov 25, 2024
#9	N/A	-4.69% Feb 24, 2021 - Mar 9, 2021
#10	N/A	-4.60% Oct 16, 2024 - Nov 6, 2024
#11	N/A	-4.27% May 6, 2026 - May 26, 2026
#12	N/A	-3.94% Jan 26, 2021 - Feb 4, 2021
#13	N/A	-3.46% Nov 24, 2020 - Dec 4, 2020
#14	N/A	-3.24% Jul 16, 2024 - Jul 26, 2024
#15	N/A	-2.64% Nov 27, 2019 - Dec 12, 2019

Correlation

Correlation between NVDQ and OVS is -0.63 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.63

-101