NVDI.L vs. QQQ
Compare and contrast key facts about IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and Invesco QQQ (QQQ).
NVDI.L and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NVDI.L is an actively managed fund by Leverage Shares. It was launched on Jul 22, 2024. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NVDI.L or QQQ.
Correlation
The correlation between NVDI.L and QQQ is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
NVDI.L vs. QQQ - Performance Comparison
Key characteristics
NVDI.L:
45.75%
QQQ:
18.27%
NVDI.L:
-23.66%
QQQ:
-82.98%
NVDI.L:
-3.54%
QQQ:
0.00%
Returns By Period
In the year-to-date period, NVDI.L achieves a 3.83% return, which is significantly lower than QQQ's 5.50% return.
NVDI.L
3.83%
2.40%
0.99%
N/A
N/A
N/A
QQQ
5.50%
3.38%
12.65%
26.01%
18.94%
18.39%
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NVDI.L vs. QQQ - Expense Ratio Comparison
NVDI.L has a 0.55% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
NVDI.L vs. QQQ — Risk-Adjusted Performance Rank
NVDI.L
QQQ
NVDI.L vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and Invesco QQQ (QQQ). 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.
Not enough dataDividends
NVDI.L vs. QQQ - Dividend Comparison
NVDI.L's dividend yield for the trailing twelve months is around 7.68%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NVDI.L IncomeShares NVIDIA NVDA Options ETP | 7.68% | 2.59% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
NVDI.L vs. QQQ - Drawdown Comparison
The maximum NVDI.L drawdown since its inception was -23.66%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for NVDI.L and QQQ. For additional features, visit the drawdowns tool.
Volatility
NVDI.L vs. QQQ - Volatility Comparison
IncomeShares NVIDIA NVDA Options ETP (NVDI.L) has a higher volatility of 23.33% compared to Invesco QQQ (QQQ) at 4.69%. This indicates that NVDI.L's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.