NVTX vs. PLUL

Last updated Jun 5, 2026

NVTX (Tradr 2X Long NVTS Daily ETF) and PLUL (Leverage Shares 2X Long PLUG Daily ETF) are both Leveraged Equities funds. NVTX is actively managed, while PLUL is passively managed. At a 0.43 correlation, their price movements are largely independent. NVTX charges 1.30%/yr vs 0.75%/yr for PLUL.

Performance

NVTX vs. PLUL - 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 PLUG Daily ETF (PLUL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NVTX

• 1D: -0.92%
• 1M: 141.56%
• YTD: 701.89%
• 6M: 336.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLUL

• 1D: -4.80%
• 1M: 7.96%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVTX vs. PLUL - Yearly Performance Comparison

	2026 (YTD)
NVTX Tradr 2X Long NVTS Daily ETF	384.05%
PLUL Leverage Shares 2X Long PLUG Daily ETF	68.04%

Correlation

The correlation between NVTX and PLUL is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 14, 2026	0.43

Return for Risk

NVTX vs. PLUL - 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 PLUG Daily ETF (PLUL). 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.

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

Sharpe Ratios by Period

	NVTX	PLUL	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	5.10	1.48	+3.63

Drawdowns

NVTX vs. PLUL - Drawdown Comparison

The maximum NVTX drawdown since its inception was -89.20%, which is greater than PLUL's maximum drawdown of -55.44%. Use the drawdown chart below to compare losses from any high point for NVTX and PLUL.

Drawdown Indicators

	NVTX	PLUL	Difference
Max Drawdown Largest peak-to-trough decline	-89.20%	-55.44%	-33.76%
Current Drawdown Current decline from peak	-11.61%	-25.44%	+13.83%
Average Drawdown Average peak-to-trough decline	-60.59%	-23.91%	-36.68%

Volatility

Volatility by Period

	NVTX	PLUL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	266.18%	190.32%	+75.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	266.18%	190.32%	+75.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	266.18%	190.32%	+75.86%

NVTX vs. PLUL - Expense Ratio Comparison

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

Dividends

NVTX vs. PLUL - Dividend Comparison

NVTX's dividend yield for the trailing twelve months is around 2.13%, while PLUL has not paid dividends to shareholders.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	2.13%	17.05%
PLUL Leverage Shares 2X Long PLUG Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NVTX and PLUL in my portfolio?

NVTX and PLUL have a correlation of 0.43, 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 PLUL?

On fees, PLUL 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 PLUL?

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

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

NVTX has the higher dividend yield at 2.13%, compared with 0.00% for PLUL.

What is the main difference between NVTX and PLUL?

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