WSGE vs NVD

Comparison between WARREN STREET GLOBAL EQUITY ETF (WSGE, ETF) and GRANITESHARES 2X SHORT NVDA DAILY ETF (NVD, ETF).

WSGE vs NVD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WSGE(ETF)	NVD(ETF)
Net Assets	$61M	$61M
Expense Ratio	0.80%	N/A
Max Drawdown	9.25%	99.48%
Sharpe Ratio	1.07	-0.64
5Y Beta	1.08	-3.96

Net Assets

Winner

WSGE

$61M

NVD

$61M

Expense Ratio

WSGE

0.80%

NVD

N/A

Max Drawdown

Winner

WSGE

9.25%

NVD

99.48%

Sharpe Ratio

Winner

WSGE

1.07

NVD

-0.64

5Y Beta

WSGE

1.08

Winner

NVD

-3.96

WSGE vs NVD - Historical Returns

Returns include dividend reinvestment.

Period	WSGE	NVD
1 month	-0.75%	-1.24%
3 months	+5.55%	-16.64%
6 months	+9.69%	-35.15%
1 year	N/A	-49.91%
Max(CAGR)	+20.64%	-79.17%

Winner

WSGE

-0.75%

NVD

-1.24%

Winner

WSGE

+5.55%

NVD

-16.64%

Winner

WSGE

+9.69%

NVD

-35.15%

WSGE

N/A

NVD

-49.91%

Max(CAGR)

Winner

WSGE

+20.64%

NVD

-79.17%

WSGE vs NVD - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	WSGE	NVD
2026	+11.21%	-31.81%
2025	+0.31%	-71.62%
2024	N/A	-93.38%
2023	N/A	-15.26%

WSGE vs NVD Drawdown Comparison

The maximum drawdown for WSGE was -9.25%, occurring on Mar 30, 2026. Recovery took 33 trading sessions.

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

The current WSGE drawdown is -1.05%. The current NVD drawdown is -99.11%.

Rank	WSGE	NVD
#1	-9.25% Feb 25, 2026 - Apr 14, 2026	-99.26% Oct 26, 2023 - May 14, 2026
#2	-4.06% Jun 2, 2026 - Jun 15, 2026	-18.47% Sep 21, 2023 - Oct 26, 2023
#3	-2.69% Dec 11, 2025 - Dec 23, 2025	-11.64% Aug 22, 2023 - Sep 11, 2023
#4	-2.29% Jul 6, 2026 - Jul 20, 2026	-2.83% Sep 12, 2023 - Sep 15, 2023
#5	-2.21% May 14, 2026 - May 26, 2026	-0.26% Sep 15, 2023 - Sep 19, 2023
#6	-2.16% Jun 15, 2026 - Jul 6, 2026	N/A
#7	-2.14% Jan 27, 2026 - Feb 6, 2026	N/A
#8	-1.82% Jan 12, 2026 - Jan 26, 2026	N/A
#9	-1.51% Apr 17, 2026 - Apr 30, 2026	N/A
#10	-1.48% Feb 11, 2026 - Feb 25, 2026	N/A
#11	-1.25% Dec 24, 2025 - Jan 6, 2026	N/A
#12	-1.02% May 6, 2026 - May 14, 2026	N/A
#13	-0.83% Apr 30, 2026 - May 5, 2026	N/A
#14	-0.56% Jan 6, 2026 - Jan 9, 2026	N/A
#15	-0.26% Feb 9, 2026 - Feb 11, 2026	N/A

Correlation

Correlation between WSGE and NVD is -0.93 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.93

-101