BUFD vs. NVDO
BUFD (FT Vest Laddered Deep Buffer ETF) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. Both are actively managed. Their 0.54 correlation means they have sometimes moved together and sometimes differently. BUFD charges 0.95%/yr vs 0.77%/yr for NVDO.
Performance
BUFD vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, BUFD achieves a 5.83% return, which is significantly lower than NVDO's 16.35% return.
BUFD
- 1D
- 0.29%
- 1M
- 0.56%
- 6M
- 5.12%
- YTD
- 5.83%
- 1Y
- 11.93%
- 3Y*
- 11.03%
- 5Y*
- 7.52%
- 10Y*
- —
- ALL TIME*
- 7.42%
NVDO
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 10.90%
- YTD
- 16.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $8.38M | $7.74M | $8.49M | |
| $0.00 | $0.00 | $23.88K |
BUFD vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
BUFD FT Vest Laddered Deep Buffer ETF | 5.83% | 4.11% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 16.35% | 10.05% |
Correlation
The correlation between BUFD and NVDO is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.54 |
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Return for Risk
BUFD vs. NVDO — Risk / Return Rank
BUFD
NVDO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BUFD vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest Laddered Deep Buffer ETF (BUFD) and Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BUFD | NVDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.42 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.27 | — | — |
| Martin ratioReturn relative to average drawdown | 17.29 | — | — |
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Drawdowns
BUFD vs. NVDO - Drawdown Comparison
The maximum BUFD drawdown since its inception was -10.75%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for BUFD and NVDO.
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Drawdown Indicators
| BUFD | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.75% | -16.25% | +5.50% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.15% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -10.75% | — | — |
Current DrawdownCurrent decline from peak | -0.08% | -4.73% | +4.65% |
Average DrawdownAverage peak-to-trough decline | -1.92% | -4.95% | +3.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.65% | — | — |
Volatility
BUFD vs. NVDO - Volatility Comparison
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Volatility by Period
| BUFD | NVDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.40% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.23% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.31% | 30.29% | -24.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.75% | 30.29% | -22.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.49% | 30.29% | -22.80% |
BUFD vs. NVDO - Expense Ratio Comparison
BUFD has a 0.95% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
BUFD vs. NVDO - Dividend Comparison
BUFD has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 14.32%.
| Position | TTM | 2025 |
|---|---|---|
BUFD FT Vest Laddered Deep Buffer ETF | 0.00% | 0.00% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.32% | 16.66% |
Frequently Asked Questions
BUFD and NVDO have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVDO is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDO is cheaper with a 0.77% expense ratio, compared with 0.95% for BUFD.
NVDO has the higher dividend yield at 14.32%, compared with 0.00% for BUFD.
They also come from different issuers: FT Vest and Leverage Shares. Their fees differ too: 0.95% for BUFD and 0.77% for NVDO.
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