NVDI.L vs. SDIV

Last updated Jun 5, 2026

NVDI.L (IncomeShares NVIDIA NVDA Options ETP) and SDIV (Global X SuperDividend ETF) are both exchange-traded funds - NVDI.L is a Options Trading fund actively managed by Leverage Shares, while SDIV is a Global Equities fund tracking the Solactive Global SuperDividend Index. NVDI.L is actively managed, while SDIV is passively managed. Over the past year, NVDI.L returned 19.99% vs 25.89% for SDIV. At a 0.11 correlation, their price movements are largely independent. NVDI.L charges 0.55%/yr vs 0.58%/yr for SDIV.

Performance

NVDI.L vs. SDIV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and Global X SuperDividend ETF (SDIV). 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 SDIV's 7.01% return.

NVDI.L

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

SDIV

• 1D: 0.98%
• 1M: -4.19%
• YTD: 7.01%
• 6M: 6.92%
• 1Y: 25.89%
• 3Y*: 16.32%
• 5Y*: -0.65%
• 10Y*: -0.02%

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

NVDI.L vs. SDIV - Yearly Performance Comparison

	2026 (YTD)	2025	2024
NVDI.L IncomeShares NVIDIA NVDA Options ETP	-0.43%	16.65%	-7.10%
SDIV Global X SuperDividend ETF	7.01%	29.12%	-3.87%

Correlation

The correlation between NVDI.L and SDIV is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.09
Correlation (All Time) Calculated using the full available price history since Jul 24, 2024	0.11

Return for Risk

NVDI.L vs. SDIV — 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

SDIV

SDIV Risk / Return Rank: 65
SDIV Sharpe Ratio Rank: 63
SDIV Sortino Ratio Rank: 61
SDIV Omega Ratio Rank: 61
SDIV Calmar Ratio Rank: 72
SDIV Martin Ratio Rank: 69

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. SDIV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares NVIDIA NVDA Options ETP (NVDI.L) and Global X SuperDividend ETF (SDIV). 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	SDIV	Difference
Sharpe ratio: Return per unit of total volatility	0.62	2.08	-1.47
Sortino ratio: Return per unit of downside risk	0.99	2.81	-1.82
Omega ratio: Gain probability vs. loss probability	1.13	1.36	-0.23
Calmar ratio: Return relative to maximum drawdown	0.92	3.54	-2.62
Martin ratio: Return relative to average drawdown	2.00	12.69	-10.69
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. SDIV - Sharpe Ratio Comparison

The current NVDI.L Sharpe Ratio is 0.62, which is lower than the SDIV Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of NVDI.L and SDIV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NVDI.L	SDIV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.62	2.08	-1.47
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.04	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.11	0.06	+0.04

Drawdowns

NVDI.L vs. SDIV - Drawdown Comparison

The maximum NVDI.L drawdown since its inception was -31.39%, smaller than the maximum SDIV drawdown of -56.90%. Use the drawdown chart below to compare losses from any high point for NVDI.L and SDIV.

Drawdown Indicators

	NVDI.L	SDIV	Difference
Max Drawdown Largest peak-to-trough decline	-31.39%	-56.90%	+25.51%
Max Drawdown (1Y) Largest decline over 1 year	-21.59%	-7.35%	-14.24%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-41.94%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-56.90%	—
Current Drawdown Current decline from peak	-9.62%	-16.97%	+7.35%
Average Drawdown Average peak-to-trough decline	-10.27%	-18.59%	+8.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.98%	2.05%	+7.93%

Volatility

NVDI.L vs. SDIV - Volatility Comparison

IncomeShares NVIDIA NVDA Options ETP (NVDI.L) has a higher volatility of 10.09% compared to Global X SuperDividend ETF (SDIV) at 4.09%. This indicates that NVDI.L's price experiences larger fluctuations and is considered to be riskier than SDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVDI.L	SDIV	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.09%	4.09%	+6.00%
Volatility (6M) Calculated over the trailing 6-month period	20.28%	9.68%	+10.60%
Volatility (1Y) Calculated over the trailing 1-year period	32.34%	12.50%	+19.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	39.31%	16.86%	+22.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	39.31%	18.97%	+20.34%

NVDI.L vs. SDIV - Expense Ratio Comparison

NVDI.L has a 0.55% expense ratio, which is lower than SDIV's 0.58% expense ratio.

Dividends

NVDI.L vs. SDIV - Dividend Comparison

NVDI.L's dividend yield for the trailing twelve months is around 20.63%, more than SDIV's 9.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NVDI.L IncomeShares NVIDIA NVDA Options ETP	20.63%	32.04%	2.59%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SDIV Global X SuperDividend ETF	9.14%	9.59%	11.33%	11.73%	14.17%	8.95%	7.96%	8.73%	9.22%	6.66%	6.95%	7.33%

Frequently Asked Questions

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

NVDI.L and SDIV have a correlation of 0.09, 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 SDIV?

On fees, NVDI.L is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVDI.L or SDIV?

NVDI.L is cheaper with a 0.55% expense ratio, compared with 0.58% for SDIV.

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

NVDI.L is categorized as Options Trading, while SDIV is Global Equities. They also come from different issuers: Leverage Shares and Global X. Their fees differ too: 0.55% for NVDI.L and 0.58% for SDIV.