DDTF vs. NVDO

Last updated Jun 5, 2026

DDTF (Innovator Equity Dual Directional 10 Buffer ETF - February) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. Both are actively managed. A 0.73 correlation means they provide meaningful diversification when combined. DDTF charges 0.79%/yr vs 0.77%/yr for NVDO.

Performance

DDTF vs. NVDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator Equity Dual Directional 10 Buffer ETF - February (DDTF) and Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

DDTF

• 1D: 0.22%
• 1M: 2.14%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVDO

• 1D: 1.80%
• 1M: 17.25%
• YTD: 20.98%
• 6M: 29.71%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

DDTF vs. NVDO - Yearly Performance Comparison

	2026 (YTD)
DDTF Innovator Equity Dual Directional 10 Buffer ETF - February	4.68%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	18.04%

Correlation

The correlation between DDTF and NVDO is 0.73, 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 Feb 3, 2026	0.73

Return for Risk

DDTF vs. NVDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - February (DDTF) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	DDTF	NVDO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.68	1.39	+0.29

Drawdowns

DDTF vs. NVDO - Drawdown Comparison

The maximum DDTF drawdown since its inception was -5.42%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for DDTF and NVDO.

Drawdown Indicators

	DDTF	NVDO	Difference
Max Drawdown Largest peak-to-trough decline	-5.42%	-16.25%	+10.83%
Current Drawdown Current decline from peak	0.00%	-0.93%	+0.93%
Average Drawdown Average peak-to-trough decline	-1.03%	-4.97%	+3.94%

Volatility

Volatility by Period

	DDTF	NVDO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	8.67%	31.91%	-23.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.67%	31.91%	-23.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.67%	31.91%	-23.24%

DDTF vs. NVDO - Expense Ratio Comparison

DDTF has a 0.79% expense ratio, which is higher than NVDO's 0.77% expense ratio.

Dividends

DDTF vs. NVDO - Dividend Comparison

DDTF has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 13.77%.

Position	TTM	2025
DDTF Innovator Equity Dual Directional 10 Buffer ETF - February	0.00%	0.00%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	13.77%	16.66%

Frequently Asked Questions

Can I hold both DDTF and NVDO in my portfolio?

DDTF and NVDO have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DDTF or NVDO?

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.

Which ETF is cheaper, DDTF or NVDO?

NVDO is cheaper with a 0.77% expense ratio, compared with 0.79% for DDTF.

Which ETF pays a higher dividend yield, DDTF or NVDO?

NVDO has the higher dividend yield at 13.77%, compared with 0.00% for DDTF.

What is the main difference between DDTF and NVDO?

They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for DDTF and 0.77% for NVDO.