NVDG vs. NVDA
NVDG (Leverage Shares 2X Long NVDA Daily ETF) is Leveraged Equities fund actively managed by Leverage Shares, while NVDA (NVIDIA Corporation) is a stock. Over the past year, NVDG returned 65.95% vs 45.24% for NVDA. With a 1.00 correlation, they move nearly in lockstep.
Performance
NVDG vs. NVDA - Performance Comparison
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Returns By Period
In the year-to-date period, NVDG achieves a 10.86% return, which is significantly lower than NVDA's 12.01% return.
NVDG
- 1D
- -1.48%
- 1M
- -8.07%
- YTD
- 10.86%
- 6M
- 13.71%
- 1Y
- 65.95%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDA
- 1D
- -0.97%
- 1M
- -2.99%
- YTD
- 12.01%
- 6M
- 13.73%
- 1Y
- 45.24%
- 3Y*
- 70.46%
- 5Y*
- 61.50%
- 10Y*
- 68.65%
NVDG vs. NVDA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NVDG Leverage Shares 2X Long NVDA Daily ETF | 10.86% | 32.45% | -0.52% |
NVDA NVIDIA Corporation | 12.01% | 38.92% | -2.22% |
Correlation
The correlation between NVDG and NVDA is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2024 | 1.00 |
The correlation between NVDG and NVDA has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
NVDG vs. NVDA — Risk / Return Rank
NVDG
NVDA
NVDG vs. NVDA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NVDA Daily ETF (NVDG) and NVIDIA Corporation (NVDA). 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.
| NVDG | NVDA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.22 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 1.55 | 2.25 | -0.70 |
| Martin ratioReturn relative to average drawdown | 3.39 | 5.27 | -1.87 |
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Drawdowns
NVDG vs. NVDA - Drawdown Comparison
The maximum NVDG drawdown since its inception was -66.19%, smaller than the maximum NVDA drawdown of -89.72%. Use the drawdown chart below to compare losses from any high point for NVDG and NVDA.
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Drawdown Indicators
| NVDG | NVDA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.19% | -89.72% | +23.53% |
Max Drawdown (1Y)Largest decline over 1 year | -42.72% | -20.21% | -22.51% |
Max Drawdown (3Y)Largest decline over 3 years | — | -36.88% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -66.34% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -66.34% | — |
Current DrawdownCurrent decline from peak | -23.88% | -11.39% | -12.49% |
Average DrawdownAverage peak-to-trough decline | -23.03% | -36.16% | +13.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 19.49% | 8.61% | +10.88% |
Volatility
NVDG vs. NVDA - Volatility Comparison
Leverage Shares 2X Long NVDA Daily ETF (NVDG) has a higher volatility of 25.02% compared to NVIDIA Corporation (NVDA) at 12.78%. This indicates that NVDG's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NVDG | NVDA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 25.02% | 12.78% | +12.24% |
Volatility (6M)Calculated over the trailing 6-month period | 52.21% | 26.61% | +25.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.81% | 35.31% | +34.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 90.44% | 51.80% | +38.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 90.44% | 49.89% | +40.55% |
Dividends
NVDG vs. NVDA - Dividend Comparison
NVDG's dividend yield for the trailing twelve months is around 10.66%, more than NVDA's 0.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDA NVIDIA Corporation | 0.13% | 0.02% | 0.03% | 0.03% | 0.11% | 0.05% | 0.12% | 0.27% | 0.46% | 0.29% | 0.45% | 1.20% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | 10.66% | 11.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, NVDG and NVDA move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
NVDG has higher volatility (25.02%) compared to NVDA (12.78%). In terms of maximum drawdown, NVDG dropped -66.19% vs NVDA's -89.72%.
NVDA currently has the higher Sharpe Ratio (1.29 vs 0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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