NUG vs. XDSQ
NUG (Leverage Shares 2X Long NU Daily ETF) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. NUG charges 0.75%/yr vs 0.79%/yr for XDSQ.
Performance
NUG vs. XDSQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NUG achieves a -49.34% return, which is significantly lower than XDSQ's 3.09% return.
NUG
- 1D
- 1.13%
- 1M
- -1.26%
- YTD
- -49.34%
- 6M
- -48.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDSQ
- 1D
- 0.07%
- 1M
- 0.66%
- YTD
- 3.09%
- 6M
- 2.64%
- 1Y
- 15.56%
- 3Y*
- 14.48%
- 5Y*
- 9.70%
- 10Y*
- —
NUG vs. XDSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NUG Leverage Shares 2X Long NU Daily ETF | -49.34% | 9.30% |
XDSQ Innovator US Equity Accelerated ETF | 3.09% | 3.43% |
Correlation
The correlation between NUG and XDSQ is 0.60, 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 Nov 17, 2025 | 0.60 |
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
NUG vs. XDSQ — Risk / Return Rank
NUG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XDSQ
NUG vs. XDSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NU Daily ETF (NUG) and Innovator US Equity Accelerated ETF (XDSQ). 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.
| NUG | XDSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.31 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.63 | — |
| Martin ratioReturn relative to average drawdown | — | 7.76 | — |
Loading charts...
Drawdowns
NUG vs. XDSQ - Drawdown Comparison
The maximum NUG drawdown since its inception was -66.15%, which is greater than XDSQ's maximum drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for NUG and XDSQ.
Loading charts...
Drawdown Indicators
| NUG | XDSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.15% | -26.06% | -40.09% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.60% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.06% | — |
Current DrawdownCurrent decline from peak | -59.01% | 0.00% | -59.01% |
Average DrawdownAverage peak-to-trough decline | -31.80% | -4.92% | -26.88% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.01% | — |
Volatility
NUG vs. XDSQ - Volatility Comparison
Loading charts...
Volatility by Period
| NUG | XDSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.61% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.16% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 79.90% | 10.52% | +69.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 79.90% | 15.28% | +64.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.90% | 15.03% | +64.87% |
NUG vs. XDSQ - Expense Ratio Comparison
NUG has a 0.75% expense ratio, which is lower than XDSQ's 0.79% expense ratio.
Dividends
NUG vs. XDSQ - Dividend Comparison
Neither NUG nor XDSQ has paid dividends to shareholders.
Frequently Asked Questions
NUG and XDSQ have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NUG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NUG is cheaper with a 0.75% expense ratio, compared with 0.79% for XDSQ.
NUG and XDSQ have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Innovator. Their fees differ too: 0.75% for NUG and 0.79% for XDSQ.
Find the right allocation for NUG and XDSQ
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