DAUG vs. NVDO
DAUG (FT Vest U.S. Equity Deep Buffer ETF - August) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. DAUG is passively managed, while NVDO is actively managed. A 0.57 correlation means they provide meaningful diversification when combined. DAUG charges 0.85%/yr vs 0.77%/yr for NVDO.
Performance
DAUG vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, DAUG achieves a 4.97% return, which is significantly lower than NVDO's 16.35% return.
DAUG
- 1D
- -0.33%
- 1M
- 0.31%
- YTD
- 4.97%
- 6M
- 4.69%
- 1Y
- 13.72%
- 3Y*
- 11.85%
- 5Y*
- 6.27%
- 10Y*
- —
NVDO
- 1D
- 0.00%
- 1M
- 1.57%
- YTD
- 16.35%
- 6M
- 18.36%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DAUG vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DAUG FT Vest U.S. Equity Deep Buffer ETF - August | 4.97% | 3.78% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 16.35% | 10.05% |
Correlation
The correlation between DAUG and NVDO is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.57 |
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Return for Risk
DAUG vs. NVDO — Risk / Return Rank
DAUG
NVDO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DAUG vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FT Vest U.S. Equity Deep Buffer ETF - August (DAUG) 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.
| DAUG | NVDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.50 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | — | — |
| Martin ratioReturn relative to average drawdown | 16.62 | — | — |
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Drawdowns
DAUG vs. NVDO - Drawdown Comparison
The maximum DAUG drawdown since its inception was -15.34%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for DAUG and NVDO.
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Drawdown Indicators
| DAUG | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.34% | -16.25% | +0.91% |
Max Drawdown (1Y)Largest decline over 1 year | -4.37% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -10.53% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -15.34% | — | — |
Current DrawdownCurrent decline from peak | -0.45% | -4.73% | +4.28% |
Average DrawdownAverage peak-to-trough decline | -2.80% | -4.97% | +2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.83% | — | — |
Volatility
DAUG vs. NVDO - Volatility Comparison
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Volatility by Period
| DAUG | NVDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.36% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 4.49% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 5.60% | 32.12% | -26.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.07% | 32.12% | -24.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.25% | 32.12% | -22.87% |
DAUG vs. NVDO - Expense Ratio Comparison
DAUG has a 0.85% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
DAUG vs. NVDO - Dividend Comparison
DAUG has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 14.32%.
| Position | TTM | 2025 |
|---|---|---|
DAUG FT Vest U.S. Equity Deep Buffer ETF - August | 0.00% | 0.00% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.32% | 16.66% |
Frequently Asked Questions
DAUG and NVDO have a correlation of 0.57, 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 0.85% for DAUG.
NVDO has the higher dividend yield at 14.32%, compared with 0.00% for DAUG.
They also come from different issuers: FT Vest and Leverage Shares. Their fees differ too: 0.85% for DAUG and 0.77% for NVDO.
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