NVDG vs QQQ
Leverage Shares 2X Long NVDA Daily ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NVDG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.18% | |
| AUM | $49M | $496.3B | |
| Dividend Yield | 11.86% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | +9.96% | +16.64% | |
| 1Y Return | +16.90% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 72.4% | 30.6% | |
| Max Drawdown | -66.2% | -83.0% | |
| Fund Family | Leverage Shares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 13, 2024 | Mar 10, 1999 |
NVDG vs QQQ Performance
Leverage Shares 2X Long NVDA Daily ETF (NVDG) is a ETF from Leverage Shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NVDG returned +16.90% while QQQ returned +27.27%. Year to date, NVDG is up 9.96% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
NVDG has been the more volatile fund, with annualized monthly volatility of 72.4% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -66.2% for NVDG and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
NVDG charges 0.76% per year while QQQ charges 0.18%. On a $10,000 position that is $76 vs $18 annually, a gap of $58 per year that compounds over a long holding period. On income, NVDG currently yields 11.86% against 0.44% for QQQ.
Holdings Overlap
NVDG and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NVDG or QQQ?
NVDG has an expense ratio of 0.76% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, NVDG or QQQ?
Over the past year NVDG returned +16.90% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NVDG annualized +25.97% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, NVDG or QQQ?
NVDG has been the more volatile fund at 72.4% annualized versus 30.6% for QQQ. Worst drawdown: NVDG -66.2% vs QQQ -83.0%.
Should I hold both NVDG and QQQ?
NVDG and QQQ have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NVDG and QQQ?
NVDG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, NVDG or QQQ?
NVDG yields 11.86% while QQQ yields 0.44%, so NVDG currently pays the higher dividend yield.
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