NVDO vs SPY
Leverage Shares 2x Capped Accelerated NVDA Monthly ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, NVDO or SPY?
Option Writing against Large Cap Blend.
SPY has a lower expense ratio.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | NVDO | SPY |
|---|---|---|
| Expense Ratio | 0.77% | 0.09%Best |
| AUM | $2M | $804.7B |
| Dividend Yield | 1.03% | 0.98% |
| Holdings | 6 | 505 |
| Fund Family | Leverage Shares | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Aug 13, 2025 | Jan 22, 1993 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 94 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. NVDO has data through Jun 16, 2026 and SPY through Sep 18, 2026.
Fees and Cost Over Time
NVDO charges 0.77% per year while SPY charges 0.09%. On a $10,000 position that is $77 vs $9 annually, a gap of $68 per year that compounds over a long holding period. On income, NVDO currently yields 1.03% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 2 holdings in NVDO and 504 in SPY, totalling 90.7% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 213 days apart, NVDO as of Jan 31, 2026 and SPY as of Sep 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 2 positions we hold weights for in NVDO and 504 in SPY, against full books of 6 and 505.
You are not choosing between two funds in isolation.
Whichever of NVDO and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NVDO or SPY?
NVDO has an expense ratio of 0.77% while SPY charges 0.09%. SPY is the cheaper option, by $68 a year on a $10,000 investment.
Which pays a higher dividend, NVDO or SPY?
NVDO yields 1.03% while SPY yields 0.98%, so NVDO currently pays the higher dividend yield.
Is SPY better than NVDO?
SPY has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.