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NVDI.L vs. QQQY.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NVDI.L vs. QQQY.L

Last updated Jun 5, 2026

NVDI.L (IncomeShares NVIDIA NVDA Options ETP) and QQQY.L (IncomeShares Nasdaq 100 Options (0DTE) ETP) are both exchange-traded funds - NVDI.L is a Options Trading fund actively managed by Leverage Shares, while QQQY.L is a Nasdaq-100 fund actively managed by Leverage Shares. Both are actively managed. Over the past year, NVDI.L returned 19.99% vs 31.81% for QQQY.L. At a 0.49 correlation, their price movements are largely independent. NVDI.L charges 0.55%/yr vs 0.45%/yr for QQQY.L.

Performance

NVDI.L vs. QQQY.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 Nasdaq 100 Options (0DTE) ETP (QQQY.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NVDI.L achieves a -0.43% return, which is significantly lower than QQQY.L's 15.10% return.

NVDI.L

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

QQQY.L

1D
-0.82%
1M
7.64%
YTD
15.10%
6M
14.75%
1Y
31.81%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

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

2026 (YTD)20252024
NVDI.L
IncomeShares NVIDIA NVDA Options ETP		-0.43%16.65%-2.03%
QQQY.L
IncomeShares Nasdaq 100 Options (0DTE) ETP		15.10%14.25%7.28%

Correlation

The correlation between NVDI.L and QQQY.L is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.54

Correlation (All Time)
Calculated using the full available price history since Aug 29, 2024

0.49

The correlation between NVDI.L and QQQY.L has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

IncomeShares NVIDIA NVDA Options ETP

IncomeShares Nasdaq 100 Options (0DTE) ETP

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Often compared with QQQY.L:
QQQY.L vs. QQQQQQY.L vs. QQQIQQQY.L vs. MSTYQQQY.L vs. COIY.DEQQQY.L vs. VOOQQQY.L vs. SPYY.LQQQY.L vs. MAGD.L

Return for Risk

NVDI.L vs. QQQY.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: 2020
Overall Rank
NVDI.L Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
NVDI.L Sortino Ratio Rank: 2020
Sortino Ratio Rank
NVDI.L Omega Ratio Rank: 2121
Omega Ratio Rank
NVDI.L Calmar Ratio Rank: 2121
Calmar Ratio Rank
NVDI.L Martin Ratio Rank: 1919
Martin Ratio Rank
QQQY.L
QQQY.L Risk / Return Rank: 7171
Overall Rank
QQQY.L Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
QQQY.L Sortino Ratio Rank: 6262
Sortino Ratio Rank
QQQY.L Omega Ratio Rank: 7070
Omega Ratio Rank
QQQY.L Calmar Ratio Rank: 8282
Calmar Ratio Rank
QQQY.L Martin Ratio Rank: 7373
Martin Ratio Rank
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. QQQY.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 Nasdaq 100 Options (0DTE) ETP (QQQY.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.LQQQY.LDifference
Sharpe ratioReturn per unit of total volatility
0.62
2.18

-1.57

Sortino ratioReturn per unit of downside risk
0.99
2.86

-1.87

Omega ratioGain probability vs. loss probability

1.13

1.41

-0.28

Calmar ratioReturn relative to maximum drawdown

0.92

4.32

-3.39

Martin ratioReturn relative to average drawdown

2.00

13.40

-11.40

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NVDI.L vs. QQQY.L - Sharpe Ratio Comparison

The current NVDI.L Sharpe Ratio is 0.62, which is lower than the QQQY.L Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of NVDI.L and QQQY.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

NVDI.LQQQY.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.62

2.18

-1.57

Sharpe Ratio (All Time)

Calculated using the full available price history

0.11

1.02

-0.92

Drawdowns

NVDI.L vs. QQQY.L - Drawdown Comparison

The maximum NVDI.L drawdown since its inception was -31.39%, which is greater than QQQY.L's maximum drawdown of -19.23%. Use the drawdown chart below to compare losses from any high point for NVDI.L and QQQY.L.

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Drawdown Indicators

NVDI.LQQQY.LDifference

Max Drawdown

Largest peak-to-trough decline

-31.39%

-19.23%

-12.16%

Max Drawdown (1Y)

Largest decline over 1 year

-21.59%

-7.34%

-14.25%

Current Drawdown

Current decline from peak

-9.62%

-0.93%

-8.69%

Average Drawdown

Average peak-to-trough decline

-10.27%

-3.18%

-7.09%

Ulcer Index

Depth and duration of drawdowns from previous peaks

9.98%

2.37%

+7.61%

Volatility

NVDI.L vs. QQQY.L - Volatility Comparison

IncomeShares NVIDIA NVDA Options ETP (NVDI.L) has a higher volatility of 10.09% compared to IncomeShares Nasdaq 100 Options (0DTE) ETP (QQQY.L) at 4.78%. This indicates that NVDI.L's price experiences larger fluctuations and is considered to be riskier than QQQY.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

NVDI.LQQQY.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

10.09%

4.78%

+5.31%

Volatility (6M)

Calculated over the trailing 6-month period

20.28%

10.22%

+10.06%

Volatility (1Y)

Calculated over the trailing 1-year period

32.34%

14.52%

+17.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.31%

20.98%

+18.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

39.31%

20.98%

+18.33%

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

NVDI.L has a 0.55% expense ratio, which is higher than QQQY.L's 0.45% expense ratio.

Dividends

NVDI.L vs. QQQY.L - Dividend Comparison

NVDI.L's dividend yield for the trailing twelve months is around 20.63%, less than QQQY.L's 67.73% yield.

PositionTTM20252024
NVDI.L
IncomeShares NVIDIA NVDA Options ETP		20.63%32.04%2.59%
QQQY.L
IncomeShares Nasdaq 100 Options (0DTE) ETP		67.73%120.60%18.65%

Frequently Asked Questions

NVDI.L and QQQY.L have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, QQQY.L is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

QQQY.L is cheaper with a 0.45% expense ratio, compared with 0.55% for NVDI.L.

NVDI.L is categorized as Options Trading, while QQQY.L is Nasdaq-100. Their fees differ too: 0.55% for NVDI.L and 0.45% for QQQY.L.

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