NVDS vs MUNX

Comparison between Tradr 1.5X Short NVDA Daily ETF (NVDS, ETF) and AMG GW&K MUNI INCOME ETF (MUNX, ETF).

NVDS vs MUNX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NVDS(ETF)	MUNX(ETF)
Net Assets	$18M	$18M
Expense Ratio	N/A	0.29%
Max Drawdown	99.62%	3.20%
Sharpe Ratio	-1.13	0.06
5Y Beta	-2.97	0.11

Net Assets

NVDS

$18M

Winner

MUNX

$18M

Expense Ratio

NVDS

N/A

MUNX

0.29%

Max Drawdown

NVDS

99.62%

Winner

MUNX

3.20%

Sharpe Ratio

NVDS

-1.13

Winner

MUNX

0.06

5Y Beta

Winner

NVDS

-2.97

MUNX

0.11

NVDS vs MUNX - Historical Returns

Returns include dividend reinvestment.

Period	NVDS	MUNX
1 month	+8.41%	+0.63%
3 months	-20.51%	+1.20%
6 months	-28.12%	+2.13%
1 year	-48.85%	N/A
Max(CAGR)	-69.54%	+3.90%

Winner

NVDS

+8.41%

MUNX

+0.63%

NVDS

-20.51%

Winner

MUNX

+1.20%

NVDS

-28.12%

Winner

MUNX

+2.13%

NVDS

-48.85%

MUNX

N/A

Max(CAGR)

NVDS

-69.54%

Winner

MUNX

+3.90%

NVDS vs MUNX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	NVDS	MUNX
2026	-19.56%	+1.67%
2025	-55.98%	+0.52%
2024	-80.57%	N/A
2023	-83.55%	N/A
2022	-15.21%	N/A

NVDS vs MUNX Drawdown Comparison

The maximum drawdown for NVDS was -99.39%, occurring on May 14, 2026. This drawdown has not yet recovered.

The maximum drawdown for MUNX was -2.95%, occurring on Mar 26, 2026. This drawdown has not yet recovered.

The current NVDS drawdown is -99.27%. The current MUNX drawdown is -0.39%.

Rank	NVDS	MUNX
#1	-99.39% Oct 14, 2022 - May 14, 2026	-2.95% Feb 26, 2026 - Mar 26, 2026
#2	-26.49% Jul 14, 2022 - Sep 1, 2022	-0.36% Nov 11, 2025 - Nov 28, 2025
#3	-11.34% Sep 30, 2022 - Oct 10, 2022	-0.33% Nov 28, 2025 - Jan 2, 2026
#4	-9.07% Sep 6, 2022 - Sep 13, 2022	-0.27% Jan 14, 2026 - Jan 28, 2026
#5	-4.73% Oct 12, 2022 - Oct 14, 2022	-0.16% Jan 9, 2026 - Jan 14, 2026
#6	-4.68% Sep 26, 2022 - Sep 30, 2022	-0.15% Feb 10, 2026 - Feb 12, 2026
#7	-4.15% Sep 15, 2022 - Sep 22, 2022	-0.14% Nov 4, 2025 - Nov 6, 2025
#8	-0.02% Sep 13, 2022 - Sep 15, 2022	-0.12% Feb 24, 2026 - Feb 26, 2026
#9	N/A	-0.06% Feb 2, 2026 - Feb 4, 2026
#10	N/A	-0.05% Jan 28, 2026 - Jan 30, 2026
#11	N/A	-0.05% Feb 17, 2026 - Feb 20, 2026
#12	N/A	-0.03% Nov 6, 2025 - Nov 10, 2025
#13	N/A	-0.02% Oct 31, 2025 - Nov 4, 2025

Correlation

Correlation between NVDS and MUNX is -0.48 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.48

-101