3QQQ.L vs. NVDI.L

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and IncomeShares NVIDIA NVDA Options ETP (NVDI.L).

3QQQ.L and NVDI.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 3QQQ.L is an actively managed fund by Leverage Shares. It was launched on Jun 6, 2022. NVDI.L is an actively managed fund by Leverage Shares. It was launched on Jul 22, 2024.

Performance

3QQQ.L vs. NVDI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and IncomeShares NVIDIA NVDA Options ETP (NVDI.L). The values are adjusted to include any dividend payments, if applicable.

3QQQ.L vs. NVDI.L - Yearly Performance Comparison

	2026 (YTD)	2025	2024
3QQQ.L Leverage Shares 3x Long US Tech 100 ETP Securities	-19.09%	13.90%	12.47%
NVDI.L IncomeShares NVIDIA NVDA Options ETP	-12.15%	16.65%	-7.10%

Returns By Period

In the year-to-date period, 3QQQ.L achieves a -19.09% return, which is significantly lower than NVDI.L's -12.15% return.

3QQQ.L

• 1D: 8.72%
• 1M: -10.76%
• YTD: -19.09%
• 6M: -16.94%
• 1Y: 36.33%
• 3Y*: 38.88%
• 5Y*: —
• 10Y*: —

NVDI.L

• 1D: -0.50%
• 1M: -2.97%
• YTD: -12.15%
• 6M: -13.46%
• 1Y: 17.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

3QQQ.L vs. NVDI.L - Expense Ratio Comparison

3QQQ.L has a 0.01% expense ratio, which is lower than NVDI.L's 0.55% expense ratio.

NVDI.L

IncomeShares NVIDIA NVDA Options ETP

3QQQ.L

Leverage Shares 3x Long US Tech 100 ETP Securities

Return for Risk

3QQQ.L vs. NVDI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

3QQQ.L

3QQQ.L Risk / Return Rank: 33
3QQQ.L Sharpe Ratio Rank: 26
3QQQ.L Sortino Ratio Rank: 43
3QQQ.L Omega Ratio Rank: 43
3QQQ.L Calmar Ratio Rank: 28
3QQQ.L Martin Ratio Rank: 23

NVDI.L

NVDI.L Risk / Return Rank: 27
NVDI.L Sharpe Ratio Rank: 26
NVDI.L Sortino Ratio Rank: 28
NVDI.L Omega Ratio Rank: 27
NVDI.L Calmar Ratio Rank: 29
NVDI.L Martin Ratio Rank: 24

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

3QQQ.L vs. NVDI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) and IncomeShares NVIDIA NVDA Options ETP (NVDI.L). 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.

	3QQQ.L	NVDI.L	Difference
Sharpe ratio Return per unit of total volatility	0.52	0.50	+0.02
Sortino ratio Return per unit of downside risk	1.26	0.88	+0.38
Omega ratio Gain probability vs. loss probability	1.18	1.12	+0.06
Calmar ratio Return relative to maximum drawdown	0.72	0.76	-0.05
Martin ratio Return relative to average drawdown	1.62	1.87	-0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

3QQQ.L vs. NVDI.L - Sharpe Ratio Comparison

The current 3QQQ.L Sharpe Ratio is 0.52, which is comparable to the NVDI.L Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of 3QQQ.L and NVDI.L, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	3QQQ.L	NVDI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.52	0.50	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	-0.07	+0.34

Correlation

The correlation between 3QQQ.L and NVDI.L is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

3QQQ.L vs. NVDI.L - Dividend Comparison

3QQQ.L has not paid dividends to shareholders, while NVDI.L's dividend yield for the trailing twelve months is around 20.38%.

	TTM	2025	2024
3QQQ.L Leverage Shares 3x Long US Tech 100 ETP Securities	0.00%	0.00%	0.00%
NVDI.L IncomeShares NVIDIA NVDA Options ETP	20.38%	32.04%	2.59%

Drawdowns

3QQQ.L vs. NVDI.L - Drawdown Comparison

The maximum 3QQQ.L drawdown since its inception was -58.93%, which is greater than NVDI.L's maximum drawdown of -31.39%. Use the drawdown chart below to compare losses from any high point for 3QQQ.L and NVDI.L.

Drawdown Indicators

	3QQQ.L	NVDI.L	Difference
Max Drawdown Largest peak-to-trough decline	-58.93%	-31.39%	-27.54%
Max Drawdown (1Y) Largest decline over 1 year	-47.89%	-21.59%	-26.30%
Current Drawdown Current decline from peak	-42.24%	-20.26%	-21.98%
Average Drawdown Average peak-to-trough decline	-20.85%	-10.15%	-10.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.13%	8.80%	+12.33%

Volatility

3QQQ.L vs. NVDI.L - Volatility Comparison

Leverage Shares 3x Long US Tech 100 ETP Securities (3QQQ.L) has a higher volatility of 16.78% compared to IncomeShares NVIDIA NVDA Options ETP (NVDI.L) at 6.85%. This indicates that 3QQQ.L's price experiences larger fluctuations and is considered to be riskier than NVDI.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	3QQQ.L	NVDI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.78%	6.85%	+9.93%
Volatility (6M) Calculated over the trailing 6-month period	53.33%	23.80%	+29.53%
Volatility (1Y) Calculated over the trailing 1-year period	70.29%	35.79%	+34.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	63.86%	40.10%	+23.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	63.86%	40.10%	+23.76%