Defiance Daily Target 2X Long NVO ETF (NVOX) Alternatives
Defiance Daily Target 2X Long NVO ETF (NVOX) 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 NVOX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NVOX
NVOX charges 1.29% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among NVOX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | NVOX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | NVOX vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | NVOX vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | NVOX vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | NVOX vs TSLG |
Best Risk-Adjusted Alternatives to NVOX
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | NVOX vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | NVOX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | NVOX vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | NVOX vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | NVOX vs TSMX |
Top Performing NVOX Alternatives (YTD)
NVOX alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | NVOX vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | NVOX vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | NVOX vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | NVOX vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | NVOX vs DIG |
Lowest Volatility Alternatives to NVOX
NVOX alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | NVOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | NVOX vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | NVOX vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | NVOX vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | NVOX vs XTJL |
Lowest Drawdown Alternatives to NVOX
NVOX alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | NVOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | NVOX vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | NVOX vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | NVOX vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | NVOX vs XTJL |
Other ETFs from Defiance
Most popular Defiance ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Defiance Quantum ETF | Technology Equities | 85 | -1.95% | Sep 5, 2018 | NVOX vs QTUM | |
| Defiance Nasdaq 100 Enhanced Options Income ETF | Options Trading, Dividend | 52 | -5.94% | Sep 13, 2023 | NVOX vs QQQY | |
| Defiance Daily Target 2X Long MSTR ETF | Leveraged Equities, Leveraged | 1 | -49.22% | Aug 14, 2024 | NVOX vs MSTX | |
| Defiance Large Cap ex-Mag 7 ETF | Large Cap Blend Equities | 54 | -1.56% | Oct 21, 2024 | NVOX vs XMAG | |
| Defiance Nasdaq 100 Income Target ETF | Derivative Income | 52 | -6.11% | Jun 20, 2024 | NVOX vs QQQT | |
| Defiance R2000 Enhanced Options & 0DTE Income ETF | Options Trading | 35 | -1.55% | Oct 30, 2023 | NVOX vs IWMY | |
| Defiance Gold Enhanced Options Income ETF | Derivative Income, Gold | — | 1.71% | Apr 1, 2025 | NVOX vs GLDY | |
| Defiance AI & Power Infrastructure ETF | Technology Equities | — | 12.84% | Jul 24, 2025 | NVOX vs AIPO | |
| Defiance S&P 500 Income Target ETF | Derivative Income, S&P 500 | 54 | -3.61% | Mar 7, 2024 | NVOX vs SPYT | |
| Defiance S&P 500 Enhanced Options & 0DTE Income ET... | Derivative Income, S&P 500 | 50 | -3.64% | Sep 18, 2023 | NVOX vs WDTE |
Often Compared With NVOX
What investors most often compare with NVOX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Novo Nordisk A/S | 12 | -25.12% | — | NVOX vs NVO | ||
| Invesco S&P 500 Momentum ETF | S&P 500 | 66 | -5.78% | Oct 9, 2015 | NVOX vs SPMO | |
| Direxion Daily Energy Bull 2X Shares | Leveraged Equities, Leveraged | 65 | 85.42% | Apr 1, 2020 | NVOX vs ERX | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities, Leveraged | 34 | -68.49% | Mar 20, 2025 | NVOX vs HOOG | |
| GraniteShares YieldBOOST SPY ETF | Leveraged Equities, Derivative Income | 37 | -7.13% | Feb 25, 2025 | NVOX vs YSPY | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 96 | 16.19% | Jan 14, 2025 | NVOX vs TSMG | |
| TSPY Lift ETF | Leveraged Equities, Leveraged | — | — | Jan 6, 2026 | NVOX vs TSYX | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | Leveraged Equities, Leveraged Cryptocurrency | 8 | -28.69% | Feb 18, 2025 | NVOX vs OOQB |
Compare NVOX with Any Fund or Stock
Compare NVOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.