NVDI.L vs. AMDI.L

Last updated Jun 5, 2026

NVDI.L (IncomeShares NVIDIA NVDA Options ETP) and AMDI.L (IncomeShares AMD Options ETP) are both exchange-traded funds - NVDI.L is a Options Trading fund actively managed by Leverage Shares, while AMDI.L is a Derivative Income fund actively managed by Leverage Shares. Both are actively managed. At a 0.48 correlation, their price movements are largely independent. Both charge a 0.55% expense ratio.

Performance

NVDI.L vs. AMDI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and IncomeShares AMD Options ETP (AMDI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NVDI.L achieves a -0.43% return, which is significantly lower than AMDI.L's 36.00% return.

NVDI.L

• 1D: 0.00%
• 1M: 8.35%
• YTD: -0.43%
• 6M: 2.01%
• 1Y: 19.99%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AMDI.L

• 1D: -0.86%
• 1M: 31.30%
• YTD: 36.00%
• 6M: 34.61%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NVDI.L vs. AMDI.L - Yearly Performance Comparison

	2026 (YTD)	2025
NVDI.L IncomeShares NVIDIA NVDA Options ETP	-0.43%	12.00%
AMDI.L IncomeShares AMD Options ETP	36.00%	13.02%

Correlation

The correlation between NVDI.L and AMDI.L is 0.48, 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 Jul 1, 2025	0.48

Return for Risk

NVDI.L vs. AMDI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NVDI.L

NVDI.L Risk / Return Rank: 20
NVDI.L Sharpe Ratio Rank: 20
NVDI.L Sortino Ratio Rank: 20
NVDI.L Omega Ratio Rank: 21
NVDI.L Calmar Ratio Rank: 21
NVDI.L Martin Ratio Rank: 19

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NVDI.L vs. AMDI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and IncomeShares AMD Options ETP (AMDI.L). 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.

	NVDI.L	AMDI.L	Difference
Sharpe ratio: Return per unit of total volatility	0.62	—	—
Sortino ratio: Return per unit of downside risk	0.99	—	—
Omega ratio: Gain probability vs. loss probability	1.13	—	—
Calmar ratio: Return relative to maximum drawdown	0.92	—	—
Martin ratio: Return relative to average drawdown	2.00	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	NVDI.L	AMDI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	1.06	-0.95

Drawdowns

NVDI.L vs. AMDI.L - Drawdown Comparison

The maximum NVDI.L drawdown since its inception was -31.39%, smaller than the maximum AMDI.L drawdown of -45.70%. Use the drawdown chart below to compare losses from any high point for NVDI.L and AMDI.L.

Drawdown Indicators

	NVDI.L	AMDI.L	Difference
Max Drawdown Largest peak-to-trough decline	-31.39%	-45.70%	+14.31%
Max Drawdown (1Y) Largest decline over 1 year	-21.59%	—	—
Current Drawdown Current decline from peak	-9.62%	-8.12%	-1.50%
Average Drawdown Average peak-to-trough decline	-10.27%	-18.83%	+8.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.98%	—	—

Volatility

Volatility by Period

	NVDI.L	AMDI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.28%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.34%	55.50%	-23.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.31%	55.50%	-16.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.31%	55.50%	-16.19%

NVDI.L vs. AMDI.L - Expense Ratio Comparison

Both NVDI.L and AMDI.L have an expense ratio of 0.55%.

Dividends

NVDI.L vs. AMDI.L - Dividend Comparison

NVDI.L's dividend yield for the trailing twelve months is around 20.63%, more than AMDI.L's 0.34% yield.

Position	TTM	2025	2024
AMDI.L IncomeShares AMD Options ETP	0.34%	0.09%	0.00%
NVDI.L IncomeShares NVIDIA NVDA Options ETP	20.63%	32.04%	2.59%

Frequently Asked Questions

Can I hold both NVDI.L and AMDI.L in my portfolio?

NVDI.L and AMDI.L have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVDI.L or AMDI.L?

Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVDI.L or AMDI.L?

NVDI.L and AMDI.L have the same expense ratio: 0.55% per year.

What is the main difference between NVDI.L and AMDI.L?

NVDI.L is categorized as Options Trading, while AMDI.L is Derivative Income.