MSOO vs. NVDO

Last updated Jun 4, 2026

MSOO (Leverage Shares 2x Capped Accelerated MSTR Monthly ETF) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds from Leverage Shares. Both are actively managed. At a 0.33 correlation, their price movements are largely independent. MSOO charges 0.78%/yr vs 0.77%/yr for NVDO.

Performance

MSOO vs. NVDO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Capped Accelerated MSTR Monthly ETF (MSOO) 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, MSOO achieves a -23.81% return, which is significantly lower than NVDO's 18.85% return.

MSOO

• 1D: -6.75%
• 1M: -28.26%
• YTD: -23.81%
• 6M: -38.09%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 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)

MSOO vs. NVDO - Yearly Performance Comparison

	2026 (YTD)	2025
MSOO Leverage Shares 2x Capped Accelerated MSTR Monthly ETF	-23.81%	-60.78%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	18.85%	11.12%

Correlation

The correlation between MSOO and NVDO is 0.33, 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	0.33

Return for Risk

MSOO vs. NVDO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated MSTR Monthly ETF (MSOO) 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

	MSOO	NVDO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.13	1.30	-2.43

Drawdowns

MSOO vs. NVDO - Drawdown Comparison

The maximum MSOO drawdown since its inception was -72.39%, which is greater than NVDO's maximum drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for MSOO and NVDO.

Drawdown Indicators

	MSOO	NVDO	Difference
Max Drawdown Largest peak-to-trough decline	-72.39%	-16.25%	-56.14%
Current Drawdown Current decline from peak	-70.12%	-2.68%	-67.44%
Average Drawdown Average peak-to-trough decline	-47.41%	-4.99%	-42.42%

Volatility

Volatility by Period

	MSOO	NVDO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	69.25%	31.93%	+37.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.25%	31.93%	+37.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.25%	31.93%	+37.32%

MSOO vs. NVDO - Expense Ratio Comparison

MSOO has a 0.78% expense ratio, which is higher than NVDO's 0.77% expense ratio.

Dividends

MSOO vs. NVDO - Dividend Comparison

MSOO's dividend yield for the trailing twelve months is around 2.13%, less than NVDO's 14.02% yield.

Position	TTM	2025
MSOO Leverage Shares 2x Capped Accelerated MSTR Monthly ETF	2.13%	1.63%
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF	14.02%	16.66%

Frequently Asked Questions

Can I hold both MSOO and NVDO in my portfolio?

MSOO and NVDO have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MSOO 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, MSOO or NVDO?

NVDO is cheaper with a 0.77% expense ratio, compared with 0.78% for MSOO.

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

NVDO has the higher dividend yield at 14.02%, compared with 2.13% for MSOO.

What is the main difference between MSOO and NVDO?

Their fees differ too: 0.78% for MSOO and 0.77% for NVDO.