JUNZ vs. NVDO

Last updated Jun 4, 2026

JUNZ (TrueShares Structured Outcome (June) ETF) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. JUNZ is passively managed, while NVDO is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. JUNZ charges 0.79%/yr vs 0.77%/yr for NVDO.

Performance

JUNZ vs. NVDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TrueShares Structured Outcome (June) ETF (JUNZ) and Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, JUNZ achieves a 8.42% return, which is significantly lower than NVDO's 18.85% return.

JUNZ

• 1D: -0.40%
• 1M: 4.04%
• YTD: 8.42%
• 6M: 8.23%
• 1Y: 21.10%
• 3Y*: 16.22%
• 5Y*: 9.84%
• 10Y*: —

NVDO

• 1D: -2.46%
• 1M: 14.15%
• YTD: 18.85%
• 6M: 29.58%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JUNZ vs. NVDO - Yearly Performance Comparison

	2026 (YTD)	2025
JUNZ TrueShares Structured Outcome (June) ETF	8.42%	4.72%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	18.85%	11.12%

Correlation

The correlation between JUNZ and NVDO is 0.56, 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 14, 2025	0.56

Return for Risk

JUNZ vs. NVDO — Risk / Return Rank

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

JUNZ

JUNZ Risk / Return Rank: 61
JUNZ Sharpe Ratio Rank: 64
JUNZ Sortino Ratio Rank: 64
JUNZ Omega Ratio Rank: 63
JUNZ Calmar Ratio Rank: 52
JUNZ Martin Ratio Rank: 63

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.

JUNZ vs. NVDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TrueShares Structured Outcome (June) ETF (JUNZ) 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.

	JUNZ	NVDO	Difference
Sharpe ratio: Return per unit of total volatility	2.12	—	—
Sortino ratio: Return per unit of downside risk	2.96	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	2.56	—	—
Martin ratio: Return relative to average drawdown	11.27	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	JUNZ	NVDO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	1.30	-0.45

Drawdowns

JUNZ vs. NVDO - Drawdown Comparison

The maximum JUNZ drawdown since its inception was -17.88%, which is greater than NVDO's maximum drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for JUNZ and NVDO.

Drawdown Indicators

	JUNZ	NVDO	Difference
Max Drawdown Largest peak-to-trough decline	-17.88%	-16.25%	-1.63%
Max Drawdown (1Y) Largest decline over 1 year	-8.27%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-14.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-17.88%	—	—
Current Drawdown Current decline from peak	-0.40%	-2.68%	+2.28%
Average Drawdown Average peak-to-trough decline	-4.27%	-4.99%	+0.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	—	—

Volatility

Volatility by Period

	JUNZ	NVDO	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.45%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.85%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.01%	31.93%	-21.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.74%	31.93%	-20.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.73%	31.93%	-20.20%

JUNZ vs. NVDO - Expense Ratio Comparison

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

Dividends

JUNZ vs. NVDO - Dividend Comparison

JUNZ's dividend yield for the trailing twelve months is around 2.12%, less than NVDO's 14.02% yield.

Position	TTM	2025	2024	2023	2022	2021
JUNZ TrueShares Structured Outcome (June) ETF	2.12%	2.30%	3.97%	6.03%	0.56%	0.32%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	14.02%	16.66%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both JUNZ and NVDO in my portfolio?

JUNZ and NVDO have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, JUNZ 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, JUNZ or NVDO?

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

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

NVDO has the higher dividend yield at 14.02%, compared with 2.12% for JUNZ.

What is the main difference between JUNZ and NVDO?

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