LJUL vs. NVDO
LJUL (Innovator Premium Income 15 Buffer ETF - July) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. LJUL charges 0.79%/yr vs 0.77%/yr for NVDO.
Performance
LJUL vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, LJUL achieves a 1.87% return, which is significantly lower than NVDO's 14.63% return.
LJUL
- 1D
- -0.02%
- 1M
- 0.43%
- YTD
- 1.87%
- 6M
- 2.26%
- 1Y
- 5.60%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO
- 1D
- -5.25%
- 1M
- 6.30%
- YTD
- 14.63%
- 6M
- 23.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LJUL vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LJUL Innovator Premium Income 15 Buffer ETF - July | 1.87% | 2.24% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.63% | 11.12% |
Correlation
The correlation between LJUL and NVDO is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 14, 2025 | 0.44 |
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Return for Risk
LJUL vs. NVDO — Risk / Return Rank
LJUL
NVDO
LJUL vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Premium Income 15 Buffer ETF - July (LJUL) 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.
| LJUL | NVDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.88 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 10.73 | — | — |
| Martin ratioReturn relative to average drawdown | 54.09 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LJUL | NVDO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.55 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.79 | 1.08 | +0.71 |
Drawdowns
LJUL vs. NVDO - Drawdown Comparison
The maximum LJUL drawdown since its inception was -3.21%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for LJUL and NVDO.
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Drawdown Indicators
| LJUL | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.21% | -16.25% | +13.04% |
Max Drawdown (1Y)Largest decline over 1 year | -0.52% | — | — |
Current DrawdownCurrent decline from peak | -0.02% | -6.14% | +6.12% |
Average DrawdownAverage peak-to-trough decline | -0.11% | -4.97% | +4.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.10% | — | — |
Volatility
LJUL vs. NVDO - Volatility Comparison
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Volatility by Period
| LJUL | NVDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.18% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 1.06% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.59% | 32.39% | -30.80% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.24% | 32.39% | -29.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.24% | 32.39% | -29.15% |
LJUL vs. NVDO - Expense Ratio Comparison
LJUL has a 0.79% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
LJUL vs. NVDO - Dividend Comparison
LJUL's dividend yield for the trailing twelve months is around 5.23%, less than NVDO's 14.53% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
LJUL Innovator Premium Income 15 Buffer ETF - July | 5.23% | 5.36% | 2.78% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.53% | 16.66% | 0.00% |
Frequently Asked Questions
LJUL and NVDO have a correlation of 0.44, 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 LJUL.
NVDO has the higher dividend yield at 14.53%, compared with 5.23% for LJUL.
They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for LJUL and 0.77% for NVDO.
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