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SNAG vs. NVDG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SNAG vs. NVDG - Performance Comparison

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

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Returns By Period

In the year-to-date period, SNAG achieves a -74.30% return, which is significantly lower than NVDG's -0.36% return.


SNAG

1D
0.77%
1M
-6.80%
6M
-64.14%
YTD
-74.30%
1Y
3Y*
5Y*
10Y*
ALL TIME*

NVDG

1D
5.91%
1M
4.55%
6M
-3.62%
YTD
-0.36%
1Y
4.49%
3Y*
5Y*
10Y*
ALL TIME*
18.19%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$3.01M$3.98M$6.31M
$221.93K$169.86K$336.10K

SNAG vs. NVDG - Yearly Performance Comparison


Correlation

The correlation between SNAG and NVDG is 0.27, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (All Time)
Calculated using the full available price history since Dec 18, 2025

0.27

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Return for Risk

SNAG vs. NVDG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

SNAG

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


NVDG
NVDG Risk / Return Rank: 1313
Overall Rank
NVDG Sharpe Ratio Rank: 1111
Sharpe Ratio Rank
NVDG Sortino Ratio Rank: 1616
Sortino Ratio Rank
NVDG Omega Ratio Rank: 1616
Omega Ratio Rank
NVDG Calmar Ratio Rank: 1111
Calmar Ratio Rank
NVDG Martin Ratio Rank: 1010
Martin Ratio Rank
The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

SNAG vs. NVDG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long SNAP Daily ETF (SNAG) 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.


SNAGNVDGDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.06

Calmar ratioReturn relative to maximum drawdown

-0.02

Martin ratioReturn relative to average drawdown

-0.04

SNAG vs. NVDG - Sharpe Ratio Comparison


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Drawdowns

SNAG vs. NVDG - Drawdown Comparison

The maximum SNAG drawdown since its inception was -81.94%, which is greater than NVDG's maximum drawdown of -66.19%. Use the drawdown chart below to compare losses from any high point for SNAG and NVDG.


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Drawdown Indicators


SNAGNVDGDifference

Max Drawdown

Largest peak-to-trough decline

-81.94%

-66.19%

-15.75%

Max Drawdown (1Y)

Largest decline over 1 year

-42.72%

Current Drawdown

Current decline from peak

-78.21%

-31.58%

-46.63%

Average Drawdown

Average peak-to-trough decline

-59.79%

-23.52%

-36.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

21.96%

Volatility

SNAG vs. NVDG - Volatility Comparison


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Volatility by Period


SNAGNVDGDifference

Volatility (1M)

Calculated over the trailing 1-month period

24.57%

Volatility (6M)

Calculated over the trailing 6-month period

55.94%

Volatility (1Y)

Calculated over the trailing 1-year period

116.18%

72.25%

+43.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

116.18%

89.76%

+26.42%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

116.18%

89.76%

+26.42%

SNAG vs. NVDG - Expense Ratio Comparison

Both SNAG and NVDG have an expense ratio of 0.75%.


Dividends

SNAG vs. NVDG - Dividend Comparison

SNAG has not paid dividends to shareholders, while NVDG's dividend yield for the trailing twelve months is around 11.85%.


Frequently Asked Questions


SNAG and NVDG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

SNAG and NVDG have the same expense ratio: 0.75% per year.

NVDG has the higher dividend yield at 11.85%, compared with 0.00% for SNAG.

Portfolio Optimizer

Find the right allocation for SNAG 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.

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