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 a closer substitute for your current allocation.
Cheapest Alternatives to NVOX
NVOX charges 1.29% annually. There are 306 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 | NVOX vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | NVOX vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | NVOX vs SPUU | |
| Leverage Shares 2X Long COIN Daily ETF | 0.75% | 7.81M | Mar 2025 | NVOX vs COIG | |
| Leverage Shares 2X Long COST Daily ETF | 0.75% | 5.48M | Sep 2025 | NVOX vs COTG |
Best Risk-Adjusted Alternatives to NVOX
NVOX has a PortfoliosLab risk / return rank of 2. There are 188 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 | NVOX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | NVOX vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | NVOX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | NVOX vs XTAP | |
| Direxion Daily South Korea Bull 3X Shares | 97 | 1.73B | Apr 2013 | NVOX vs KORU |
Top Performing NVOX Alternatives (YTD)
NVOX is at -42.21% YTD. There are 302 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 | NVOX vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 936.86% | 1.11B | Nov 2024 | NVOX vs MULL | |
| Leverage Shares 2X Long ARM Daily ETF | 936.32% | 75.08M | Jan 2025 | NVOX vs ARMG | |
| GraniteShares 2x Long MRVL Daily ETF | 842.68% | 568.50M | Mar 2025 | NVOX vs MVLL | |
| GraniteShares 2x Long DELL Daily ETF | 757.76% | 101.08M | Feb 2025 | NVOX vs DLLL |
Lowest Volatility Alternatives to NVOX
NVOX has 103.37% 1-year volatility. There are 272 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 | NVOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | NVOX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.43% | 13.32M | Jul 2021 | NVOX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.01% | 22.12M | Jul 2021 | NVOX vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.56% | 68.42M | Apr 2021 | NVOX vs XDSQ |
Lowest Drawdown Alternatives to NVOX
NVOX has a 1-year max drawdown of -87.05%. There are 216 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 | NVOX vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | NVOX vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | NVOX vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | NVOX vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | NVOX vs XDSQ |
Other ETFs from Defiance
The 10 most viewed Defiance ETFs shown here include QTUM, QQQY, MSTX and span 9 categories. AUM among these funds goes as high as $6B.
Often Compared With NVOX
Investors most often compare NVOX with NVO, SPMO, TSLG. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NVOX with Any Fund or Stock
Compare NVOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVOX with funds that move differently
Defiance Daily Target 2X Long NVO ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVOX.
Explore NVOX Diversifiers