Leverage Shares 2X Long NVDA Daily ETF (NVDG) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVDG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVDG
NVDG charges 0.75% annually. There are 3 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | NVDG vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | NVDG vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | NVDG vs SPUU | |
| Leverage Shares 2X Long FUTU Daily ETF | 0.75% | 8.47M | Oct 2025 | NVDG vs FUTG | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 5.48M | Sep 2025 | NVDG vs COTG |
Best Risk-Adjusted Alternatives to NVDG
NVDG has a PortfoliosLab risk / return rank of 34. There are 84 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | NVDG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | NVDG vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | NVDG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | NVDG vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | NVDG vs KORU |
Top Performing NVDG Alternatives (YTD)
NVDG is at 18.93% YTD. There are 122 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 961.23% | 3.44B | Oct 2024 | NVDG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | NVDG vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | NVDG vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | NVDG vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | NVDG vs DLLL |
Lowest Volatility Alternatives to NVDG
NVDG has 67.81% 1-year volatility. There are 190 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.70% | 22.62M | Apr 2021 | NVDG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | NVDG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | NVDG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | NVDG vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | NVDG vs XDSQ |
Lowest Drawdown Alternatives to NVDG
NVDG has a 1-year max drawdown of -42.72%. There are 112 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | NVDG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | NVDG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | NVDG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | NVDG vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | NVDG vs XDSQ |
Other ETFs from Leverage Shares
The 10 most viewed Leverage Shares ETFs shown here include AMDG, TSMG, HOOG and span 1 categories. AUM among these funds goes as high as $71M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long AMD Daily ETF | Leveraged Equities | 96 | 391.03% | 33.68M | Jan 2025 | NVDG vs AMDG | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 89 | 86.06% | 23.74M | Jan 2025 | NVDG vs TSMG | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities | 9 | -60.40% | 71.03M | Mar 2025 | NVDG vs HOOG | |
| Leverage Shares 2X Long TSLA Daily ETF | Leveraged Equities | 12 | -20.82% | — | Dec 2024 | NVDG vs TSLG | |
| Leverage Shares 2X Long TER Daily ETF | Leveraged Equities | — | 229.64% | 10.31M | Nov 2025 | NVDG vs TERG | |
| Leverage Shares 2X Long BMNR Daily ETF | Leveraged Equities | — | -75.13% | 24.83M | Oct 2025 | NVDG vs BMNG | |
| Leverage Shares 2X Long NBIS Daily ETF | Leveraged Equities | — | 453.13% | 65.32M | Oct 2025 | NVDG vs NBIG | |
| Leverage Shares 2X Long ADBE Daily ETF | Leveraged Equities | 1 | -52.94% | 37.99M | Mar 2025 | NVDG vs ADBG | |
| Leverage Shares 2X Long ASML Daily ETF | Leveraged Equities | 86 | 127.56% | 29.13M | Jan 2025 | NVDG vs ASMG | |
| Leverage Shares 2X Long RTX Daily ETF | Leveraged Equities | — | -16.61% | 4.41M | Jun 2025 | NVDG vs RTXG |
Often Compared With NVDG
Investors most often compare NVDG with NVDL, NVDA, NVDX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NVDG with Any Fund or Stock
Compare NVDG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVDG with funds that move differently
Leverage Shares 2X Long NVDA Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVDG.
Explore NVDG Diversifiers