NVTX vs. ORLG

Last updated Jul 17, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and ORLG (Leverage Shares 2X Long ORLY Daily ETF) are both Leveraged Equities funds. NVTX is actively managed, while ORLG is passively managed. At a correlation of -0.06, they often move in opposite directions. NVTX charges 1.30%/yr vs 0.75%/yr for ORLG.

Performance

NVTX vs. ORLG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long NVTS Daily ETF (NVTX) and Leverage Shares 2X Long ORLY Daily ETF (ORLG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NVTX

• 1D: -22.11%
• 1M: -74.91%
• 6M: -48.99%
• YTD: -4.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ORLG

• 1D: 8.37%
• 1M: -11.93%
• 6M: -23.86%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVTX vs. ORLG - Yearly Performance Comparison

	2026 (YTD)
NVTX Tradr 2X Long NVTS Daily ETF	-48.81%
ORLG Leverage Shares 2X Long ORLY Daily ETF	-25.87%

Correlation

The correlation between NVTX and ORLG is -0.06, 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 (All Time) Calculated using the full available price history since Jan 15, 2026	-0.06

Return for Risk

NVTX vs. ORLG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NVTS Daily ETF (NVTX) and Leverage Shares 2X Long ORLY Daily ETF (ORLG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Drawdowns

NVTX vs. ORLG - Drawdown Comparison

The maximum NVTX drawdown since its inception was -89.51%, which is greater than ORLG's maximum drawdown of -39.93%. Use the drawdown chart below to compare losses from any high point for NVTX and ORLG.

Drawdown Indicators

	NVTX	ORLG	Difference
Max Drawdown Largest peak-to-trough decline	-89.51%	-39.93%	-49.58%
Current Drawdown Current decline from peak	-89.51%	-34.91%	-54.60%
Average Drawdown Average peak-to-trough decline	-61.51%	-20.65%	-40.86%

Volatility

Volatility by Period

	NVTX	ORLG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	263.46%	59.08%	+204.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	263.46%	59.08%	+204.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	263.46%	59.08%	+204.38%

NVTX vs. ORLG - Expense Ratio Comparison

NVTX has a 1.30% expense ratio, which is higher than ORLG's 0.75% expense ratio.

Dividends

NVTX vs. ORLG - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 17.92%, while ORLG has not paid dividends to shareholders.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	17.92%	17.05%
ORLG Leverage Shares 2X Long ORLY Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVTX and ORLG in my portfolio?

NVTX and ORLG have a correlation of -0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NVTX or ORLG?

On fees, ORLG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NVTX or ORLG?

ORLG is cheaper with a 0.75% expense ratio, compared with 1.30% for NVTX.

Which ETF pays a higher dividend yield, NVTX or ORLG?

NVTX has the higher dividend yield at 17.92%, compared with 0.00% for ORLG.

What is the main difference between NVTX and ORLG?

They also come from different issuers: Tradr and Leverage Shares. Their fees differ too: 1.30% for NVTX and 0.75% for ORLG.