DDTO vs. NVDO
DDTO (Innovator Equity Dual Directional 10 Buffer ETF - October) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. DDTO charges 0.79%/yr vs 0.77%/yr for NVDO.
Performance
DDTO vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, DDTO achieves a 4.95% return, which is significantly lower than NVDO's 14.63% return.
DDTO
- 1D
- -0.81%
- 1M
- 0.48%
- YTD
- 4.95%
- 6M
- 5.32%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO
- 1D
- -5.25%
- 1M
- 6.30%
- YTD
- 14.63%
- 6M
- 23.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DDTO vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DDTO Innovator Equity Dual Directional 10 Buffer ETF - October | 4.95% | 1.87% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.63% | 6.22% |
Correlation
The correlation between DDTO and NVDO is 0.54, 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 Oct 2, 2025 | 0.54 |
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Return for Risk
DDTO vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Dual Directional 10 Buffer ETF - October (DDTO) 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.
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Sharpe Ratios by Period
| DDTO | NVDO | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 1.42 | 1.08 | +0.35 |
Drawdowns
DDTO vs. NVDO - Drawdown Comparison
The maximum DDTO drawdown since its inception was -4.98%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for DDTO and NVDO.
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Drawdown Indicators
| DDTO | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.98% | -16.25% | +11.27% |
Current DrawdownCurrent decline from peak | -0.83% | -6.14% | +5.31% |
Average DrawdownAverage peak-to-trough decline | -0.67% | -4.97% | +4.30% |
Volatility
DDTO vs. NVDO - Volatility Comparison
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Volatility by Period
| DDTO | NVDO | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 7.33% | 32.39% | -25.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.33% | 32.39% | -25.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.33% | 32.39% | -25.06% |
DDTO vs. NVDO - Expense Ratio Comparison
DDTO has a 0.79% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
DDTO vs. NVDO - Dividend Comparison
DDTO has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 14.53%.
| Position | TTM | 2025 |
|---|---|---|
DDTO Innovator Equity Dual Directional 10 Buffer ETF - October | 0.00% | 0.00% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.53% | 16.66% |
Frequently Asked Questions
DDTO 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 0.79% for DDTO.
NVDO has the higher dividend yield at 14.53%, compared with 0.00% for DDTO.
They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for DDTO and 0.77% for NVDO.
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