VALG vs. NVTX

Last updated Jun 4, 2026

VALG (Leverage Shares 2X Long VALE Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both Leveraged Equities funds. VALG is passively managed, while NVTX is actively managed. At a 0.31 correlation, their price movements are largely independent. VALG charges 0.75%/yr vs 1.30%/yr for NVTX.

Performance

VALG vs. NVTX - Performance Comparison

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

Returns By Period

In the year-to-date period, VALG achieves a 35.93% return, which is significantly lower than NVTX's 709.31% return.

VALG

• 1D: -9.01%
• 1M: 1.55%
• YTD: 35.93%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: 37.55%
• 1M: 188.72%
• YTD: 709.31%
• 6M: 416.56%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VALG vs. NVTX - Yearly Performance Comparison

	2026 (YTD)	2025
VALG Leverage Shares 2X Long VALE Daily ETF	35.93%	3.65%
NVTX Tradr 2X Long NVTS Daily ETF	709.31%	-8.36%

Correlation

The correlation between VALG and NVTX is 0.31, 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 Dec 19, 2025	0.31

Return for Risk

VALG vs. NVTX - Risk-Adjusted Trends Comparison

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

	VALG	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.52	5.24	-3.72

Drawdowns

VALG vs. NVTX - Drawdown Comparison

The maximum VALG drawdown since its inception was -36.93%, smaller than the maximum NVTX drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for VALG and NVTX.

Drawdown Indicators

	VALG	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-89.20%	+52.27%
Current Drawdown Current decline from peak	-21.33%	-10.79%	-10.54%
Average Drawdown Average peak-to-trough decline	-11.74%	-60.85%	+49.11%

Volatility

Volatility by Period

	VALG	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	75.74%	266.88%	-191.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	75.74%	266.88%	-191.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	75.74%	266.88%	-191.14%

VALG vs. NVTX - Expense Ratio Comparison

VALG has a 0.75% expense ratio, which is lower than NVTX's 1.30% expense ratio.

Dividends

VALG vs. NVTX - Dividend Comparison

VALG has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 2.11%.

Position	TTM	2025
NVTX Tradr 2X Long NVTS Daily ETF	2.11%	17.05%
VALG Leverage Shares 2X Long VALE Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both VALG and NVTX in my portfolio?

VALG and NVTX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, VALG or NVTX?

On fees, VALG 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, VALG or NVTX?

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

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

NVTX has the higher dividend yield at 2.11%, compared with 0.00% for VALG.

What is the main difference between VALG and NVTX?

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