TOCT vs. NVDO
TOCT (Innovator Equity Defined Protection ETF - 2 Yr to October 2027) and NVDO (Leverage Shares 2x Capped Accelerated NVDA Monthly ETF) are both Defined Outcome funds. Both are actively managed. At a 0.50 correlation, their price movements are largely independent. TOCT charges 0.79%/yr vs 0.77%/yr for NVDO.
Performance
TOCT vs. NVDO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TOCT achieves a 1.72% return, which is significantly lower than NVDO's 14.63% return.
TOCT
- 1D
- -0.42%
- 1M
- 0.09%
- YTD
- 1.72%
- 6M
- 1.96%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDO
- 1D
- -5.25%
- 1M
- 6.30%
- YTD
- 14.63%
- 6M
- 23.06%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TOCT vs. NVDO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
TOCT Innovator Equity Defined Protection ETF - 2 Yr to October 2027 | 1.72% | 0.49% |
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.63% | 6.22% |
Correlation
The correlation between TOCT and NVDO is 0.50, 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 Oct 2, 2025 | 0.50 |
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
TOCT vs. NVDO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Innovator Equity Defined Protection ETF - 2 Yr to October 2027 (TOCT) 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.
Loading charts...
Sharpe Ratios by Period
| TOCT | NVDO | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 1.08 | +0.02 |
Drawdowns
TOCT vs. NVDO - Drawdown Comparison
The maximum TOCT drawdown since its inception was -2.02%, smaller than the maximum NVDO drawdown of -16.25%. Use the drawdown chart below to compare losses from any high point for TOCT and NVDO.
Loading charts...
Drawdown Indicators
| TOCT | NVDO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -2.02% | -16.25% | +14.23% |
Current DrawdownCurrent decline from peak | -0.42% | -6.14% | +5.72% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -4.97% | +4.58% |
Volatility
TOCT vs. NVDO - Volatility Comparison
Loading charts...
Volatility by Period
| TOCT | NVDO | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 3.01% | 32.39% | -29.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.01% | 32.39% | -29.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.01% | 32.39% | -29.38% |
TOCT vs. NVDO - Expense Ratio Comparison
TOCT has a 0.79% expense ratio, which is higher than NVDO's 0.77% expense ratio.
Dividends
TOCT vs. NVDO - Dividend Comparison
TOCT has not paid dividends to shareholders, while NVDO's dividend yield for the trailing twelve months is around 14.53%.
| Position | TTM | 2025 |
|---|---|---|
NVDO Leverage Shares 2x Capped Accelerated NVDA Monthly ETF | 14.53% | 16.66% |
TOCT Innovator Equity Defined Protection ETF - 2 Yr to October 2027 | 0.00% | 0.00% |
Frequently Asked Questions
TOCT and NVDO have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVDO is cheaper at 0.77% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDO is cheaper with a 0.77% expense ratio, compared with 0.79% for TOCT.
NVDO has the higher dividend yield at 14.53%, compared with 0.00% for TOCT.
They also come from different issuers: Innovator and Leverage Shares. Their fees differ too: 0.79% for TOCT and 0.77% for NVDO.
Find the right allocation for TOCT and NVDO
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