2GOO.L vs. NVDX
Compare and contrast key facts about Leverage Shares 2x Alphabet ETC A GBP (2GOO.L) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX).
2GOO.L and NVDX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 2GOO.L is a passively managed fund by Leverage Shares that tracks the performance of the NYSE Leveraged 2x GOOG Index. It was launched on Dec 5, 2017. NVDX is an actively managed fund by REX. It was launched on Oct 19, 2023.
Performance
2GOO.L vs. NVDX - Performance Comparison
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2GOO.L vs. NVDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
2GOO.L Leverage Shares 2x Alphabet ETC A GBP | -14.18% | 100.64% | 64.47% | -5.87% |
NVDX T-REX 2X Long NVIDIA Daily Target ETF | -15.98% | 17.25% | 392.49% | 26.52% |
Different Trading Currencies
2GOO.L is traded in GBp, while NVDX is traded in USD. To make them comparable, the NVDX values have been converted to GBp using the latest available exchange rates.
Returns By Period
In the year-to-date period, 2GOO.L achieves a -14.18% return, which is significantly higher than NVDX's -15.98% return.
2GOO.L
- 1D
- 8.84%
- 1M
- -7.20%
- YTD
- -14.18%
- 6M
- 38.97%
- 1Y
- 176.40%
- 3Y*
- 66.58%
- 5Y*
- 30.31%
- 10Y*
- —
NVDX
- 1D
- 1.35%
- 1M
- -8.33%
- YTD
- -15.98%
- 6M
- -22.75%
- 1Y
- 78.24%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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2GOO.L vs. NVDX - Expense Ratio Comparison
2GOO.L has a 0.75% expense ratio, which is lower than NVDX's 1.05% expense ratio.
Return for Risk
2GOO.L vs. NVDX — Risk / Return Rank
2GOO.L
NVDX
2GOO.L vs. NVDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Alphabet ETC A GBP (2GOO.L) and T-REX 2X Long NVIDIA Daily Target ETF (NVDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| 2GOO.L | NVDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.04 | 0.95 | +2.08 |
Sortino ratioReturn per unit of downside risk | 3.48 | 1.74 | +1.74 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.22 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 5.04 | 1.89 | +3.14 |
Martin ratioReturn relative to average drawdown | 17.75 | 4.33 | +13.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| 2GOO.L | NVDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.04 | 0.95 | +2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 1.15 | -0.44 |
Correlation
The correlation between 2GOO.L and NVDX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
2GOO.L vs. NVDX - Dividend Comparison
2GOO.L has not paid dividends to shareholders, while NVDX's dividend yield for the trailing twelve months is around 4.05%.
| TTM | 2025 | 2024 | |
|---|---|---|---|
2GOO.L Leverage Shares 2x Alphabet ETC A GBP | 0.00% | 0.00% | 0.00% |
NVDX T-REX 2X Long NVIDIA Daily Target ETF | 4.05% | 3.35% | 15.48% |
Drawdowns
2GOO.L vs. NVDX - Drawdown Comparison
The maximum 2GOO.L drawdown since its inception was -69.73%, roughly equal to the maximum NVDX drawdown of -69.68%. Use the drawdown chart below to compare losses from any high point for 2GOO.L and NVDX.
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Drawdown Indicators
| 2GOO.L | NVDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.73% | -68.19% | -1.54% |
Max Drawdown (1Y)Largest decline over 1 year | -35.69% | -43.76% | +8.07% |
Max Drawdown (5Y)Largest decline over 5 years | -69.73% | — | — |
Current DrawdownCurrent decline from peak | -26.34% | -36.49% | +10.15% |
Average DrawdownAverage peak-to-trough decline | -25.45% | -20.52% | -4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.12% | 18.29% | -8.17% |
Volatility
2GOO.L vs. NVDX - Volatility Comparison
The current volatility for Leverage Shares 2x Alphabet ETC A GBP (2GOO.L) is 15.74%, while T-REX 2X Long NVIDIA Daily Target ETF (NVDX) has a volatility of 19.93%. This indicates that 2GOO.L experiences smaller price fluctuations and is considered to be less risky than NVDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| 2GOO.L | NVDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.74% | 19.93% | -4.19% |
Volatility (6M)Calculated over the trailing 6-month period | 37.77% | 51.39% | -13.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.04% | 82.45% | -24.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 59.29% | 96.55% | -37.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 61.89% | 96.55% | -34.66% |