LMTL vs. NVDG
LMTL (Direxion Daily LMT Bull 2X ETF) and NVDG (Leverage Shares 2X Long NVDA Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.01 correlation means they have often moved in opposite directions in the past. LMTL charges 1.07%/yr vs 0.75%/yr for NVDG.
Performance
LMTL vs. NVDG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LMTL achieves a 31.80% return, which is significantly higher than NVDG's -0.36% return.
LMTL
- 1D
- 3.26%
- 1M
- 12.42%
- 6M
- -21.47%
- YTD
- 31.80%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NVDG
- 1D
- 5.91%
- 1M
- 4.55%
- 6M
- -3.62%
- YTD
- -0.36%
- 1Y
- 4.49%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 18.19%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.74M | $1.09M | $1.04M | |
| $3.01M | $3.98M | $6.31M |
LMTL vs. NVDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
LMTL Direxion Daily LMT Bull 2X ETF | 31.80% | 20.96% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | -0.36% | -0.20% |
Correlation
The correlation between LMTL and NVDG is -0.01, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 6, 2025 | -0.01 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LMTL vs. NVDG — Risk / Return Rank
LMTL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVDG
LMTL vs. NVDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily LMT Bull 2X ETF (LMTL) and Leverage Shares 2X Long NVDA Daily ETF (NVDG). 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.
| LMTL | NVDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.06 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.02 | — |
| Martin ratioReturn relative to average drawdown | — | -0.04 | — |
Loading charts...
Drawdowns
LMTL vs. NVDG - Drawdown Comparison
The maximum LMTL drawdown since its inception was -49.46%, smaller than the maximum NVDG drawdown of -66.19%. Use the drawdown chart below to compare losses from any high point for LMTL and NVDG.
Loading charts...
Drawdown Indicators
| LMTL | NVDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.46% | -66.19% | +16.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -42.72% | — |
Current DrawdownCurrent decline from peak | -30.83% | -31.58% | +0.75% |
Average DrawdownAverage peak-to-trough decline | -18.06% | -23.52% | +5.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 21.96% | — |
Volatility
LMTL vs. NVDG - Volatility Comparison
Loading charts...
Volatility by Period
| LMTL | NVDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 24.57% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 55.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 54.40% | 72.25% | -17.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.40% | 89.76% | -35.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.40% | 89.76% | -35.36% |
LMTL vs. NVDG - Expense Ratio Comparison
LMTL has a 1.07% expense ratio, which is higher than NVDG's 0.75% expense ratio.
Dividends
LMTL vs. NVDG - Dividend Comparison
LMTL's dividend yield for the trailing twelve months is around 3.46%, less than NVDG's 11.85% yield.
| Position | TTM | 2025 |
|---|---|---|
LMTL Direxion Daily LMT Bull 2X ETF | 3.46% | 3.18% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | 11.85% | 11.81% |
Frequently Asked Questions
LMTL and NVDG have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVDG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDG is cheaper with a 0.75% expense ratio, compared with 1.07% for LMTL.
NVDG has the higher dividend yield at 11.85%, compared with 3.46% for LMTL.
They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.07% for LMTL and 0.75% for NVDG.
Find the right allocation for LMTL and NVDG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer