NVDO vs. NVDG
NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) and NVDG (Leverage Shares 2X Long NVDA Daily ETF) are both exchange-traded funds - NVDO is a Defined Outcome fund actively managed by Leverage Shares, while NVDG is a Leveraged Equities fund actively managed by Leverage Shares. Both are actively managed. Their correlation of 0.88 suggests significant overlap in exposure. NVDO charges 0.77%/yr vs 0.75%/yr for NVDG.
Performance
NVDO vs. NVDG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NVDO achieves a 16.35% return, which is significantly higher than NVDG's 3.74% return.
NVDO
- 1D
- 0.00%
- 1M
- 1.48%
- 6M
- 16.25%
- YTD
- 16.35%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDG
- 1D
- -7.22%
- 1M
- -3.48%
- 6M
- 6.13%
- YTD
- 3.74%
- 1Y
- 19.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO vs. NVDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 16.35% | 10.05% |
NVDG Leverage Shares 2X Long NVDA Daily ETF | 3.74% | -5.28% |
Correlation
The correlation between NVDO and NVDG is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.88 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NVDO vs. NVDG — Risk / Return Rank
NVDO
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVDG
NVDO vs. NVDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO) and Leverage Shares 2X Long NVDA Daily ETF (NVDG). 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.
| NVDO | NVDG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.10 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.46 | — |
| Martin ratioReturn relative to average drawdown | — | 0.93 | — |
Loading charts...
Drawdowns
NVDO vs. NVDG - Drawdown Comparison
The maximum NVDO drawdown since its inception was -16.25%, smaller than the maximum NVDG drawdown of -66.19%. Use the drawdown chart below to compare losses from any high point for NVDO and NVDG.
Loading charts...
Drawdown Indicators
| NVDO | NVDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.25% | -66.19% | +49.94% |
Max Drawdown (1Y)Largest decline over 1 year | — | -42.72% | — |
Current DrawdownCurrent decline from peak | -4.73% | -28.77% | +24.04% |
Average DrawdownAverage peak-to-trough decline | -4.96% | -23.33% | +18.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 20.85% | — |
Volatility
NVDO vs. NVDG - Volatility Comparison
Loading charts...
Volatility by Period
| NVDO | NVDG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 21.58% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 53.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 31.20% | 70.77% | -39.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 31.20% | 89.99% | -58.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.20% | 89.99% | -58.79% |
NVDO vs. NVDG - Expense Ratio Comparison
NVDO has a 0.77% expense ratio, which is higher than NVDG's 0.75% expense ratio.
Dividends
NVDO vs. NVDG - Dividend Comparison
NVDO's dividend yield for the trailing twelve months is around 14.32%, more than NVDG's 11.39% yield.
| Position | TTM | 2025 |
|---|---|---|
NVDG Leverage Shares 2X Long NVDA Daily ETF | 11.39% | 11.81% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.32% | 16.66% |
Frequently Asked Questions
NVDO and NVDG have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVDG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDG is cheaper with a 0.75% expense ratio, compared with 0.77% for NVDO.
NVDO has the higher dividend yield at 14.32%, compared with 11.39% for NVDG.
NVDO is categorized as Defined Outcome, while NVDG is Leveraged Equities. Their fees differ too: 0.77% for NVDO and 0.75% for NVDG.
Find the right allocation for NVDO and NVDG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer