QB vs. NVDO
QB (ProShares Nasdaq-100 Dynamic Daily Buffer ETF) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. QB is passively managed, while NVDO is actively managed. At a 0.47 correlation, their price movements are largely independent. QB charges 0.58%/yr vs 0.77%/yr for NVDO.
Performance
QB vs. NVDO - Performance Comparison
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Returns By Period
In the year-to-date period, QB achieves a 10.47% return, which is significantly lower than NVDO's 18.85% return.
QB
- 1D
- -0.19%
- 1M
- 2.95%
- YTD
- 10.47%
- 6M
- 9.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO
- 1D
- -2.46%
- 1M
- 14.15%
- YTD
- 18.85%
- 6M
- 29.58%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QB vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 10.47% | 4.17% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 18.85% | 11.12% |
Correlation
The correlation between QB and NVDO is 0.47, 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 Aug 14, 2025 | 0.47 |
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Return for Risk
QB vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 Dynamic Daily Buffer ETF (QB) and Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO). 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.
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Sharpe Ratios by Period
| QB | NVDO | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 3.17 | 1.30 | +1.87 |
Drawdowns
QB vs. NVDO - Drawdown Comparison
The maximum QB drawdown since its inception was -1.83%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for QB and NVDO.
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Drawdown Indicators
| QB | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.83% | -16.25% | +14.42% |
Current DrawdownCurrent decline from peak | -0.30% | -2.68% | +2.38% |
Average DrawdownAverage peak-to-trough decline | -0.34% | -4.99% | +4.65% |
Volatility
QB vs. NVDO - Volatility Comparison
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Volatility by Period
| QB | NVDO | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 5.75% | 31.93% | -26.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 31.93% | -26.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.75% | 31.93% | -26.18% |
QB vs. NVDO - Expense Ratio Comparison
QB has a 0.58% expense ratio, which is lower than NVDO's 0.77% expense ratio.
Dividends
QB vs. NVDO - Dividend Comparison
QB's dividend yield for the trailing twelve months is around 0.62%, less than NVDO's 14.02% yield.
| Position | TTM | 2025 |
|---|---|---|
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.02% | 16.66% |
QB ProShares Nasdaq-100 Dynamic Daily Buffer ETF | 0.62% | 0.48% |
Frequently Asked Questions
QB and NVDO have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QB is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QB is cheaper with a 0.58% expense ratio, compared with 0.77% for NVDO.
NVDO has the higher dividend yield at 14.02%, compared with 0.62% for QB.
They also come from different issuers: ProShares and Leverage Shares. Their fees differ too: 0.58% for QB and 0.77% for NVDO.
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