NFEB vs. NVDO
NFEB (Innovator Growth-100 Power Buffer ETF - February) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. NFEB is passively managed, while NVDO is actively managed. A 0.58 correlation means they provide meaningful diversification when combined. NFEB charges 0.79%/yr vs 0.77%/yr for NVDO.
Performance
NFEB vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, NFEB achieves a 8.35% return, which is significantly lower than NVDO's 18.85% return.
NFEB
- 1D
- -0.11%
- 1M
- 2.79%
- YTD
- 8.35%
- 6M
- 9.25%
- 1Y
- 19.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO
- 1D
- -2.46%
- 1M
- 14.15%
- YTD
- 18.85%
- 6M
- 29.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NFEB vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NFEB Innovator Growth-100 Power Buffer ETF - February | 8.35% | 4.81% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 18.85% | 11.12% |
Correlation
The correlation between NFEB and NVDO is 0.58, 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 | 0.58 |
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Return for Risk
NFEB vs. NVDO — Risk / Return Rank
NFEB
NVDO
NFEB vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Growth-100 Power Buffer ETF - February (NFEB) 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.
| NFEB | NVDO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.55 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.30 | — | — |
| Martin ratioReturn relative to average drawdown | 16.20 | — | — |
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
| NFEB | NVDO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.36 | 1.30 | +0.06 |
Drawdowns
NFEB vs. NVDO - Drawdown Comparison
The maximum NFEB drawdown since its inception was -13.27%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for NFEB and NVDO.
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Drawdown Indicators
| NFEB | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.27% | -16.25% | +2.98% |
Max Drawdown (1Y)Largest decline over 1 year | -6.05% | — | — |
Current DrawdownCurrent decline from peak | -0.11% | -2.68% | +2.57% |
Average DrawdownAverage peak-to-trough decline | -1.53% | -4.99% | +3.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.23% | — | — |
Volatility
NFEB vs. NVDO - Volatility Comparison
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Volatility by Period
| NFEB | NVDO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.13% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 5.77% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 7.22% | 31.93% | -24.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.95% | 31.93% | -19.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.95% | 31.93% | -19.98% |
NFEB vs. NVDO - Expense Ratio Comparison
NFEB has a 0.79% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
NFEB vs. NVDO - Dividend Comparison
NFEB has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 14.02%.
| Position | TTM | 2025 |
|---|---|---|
NFEB Innovator Growth-100 Power Buffer ETF - February | 0.00% | 0.00% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.02% | 16.66% |
Frequently Asked Questions
NFEB and NVDO have a correlation of 0.58, 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 NFEB.
NVDO has the higher dividend yield at 14.02%, compared with 0.00% for NFEB.
They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for NFEB and 0.77% for NVDO.
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