NVDO vs SPY

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricNVDOSPYWinner
Expense Ratio0.77%0.09%
AUM$2M$789.1B
Dividend Yield1.03%1.01%
Holdings6505
YTD Return+15.21%+13.79%
1Y Return-+23.66%
3Y Return (annualized)-+21.40%
5Y Return (annualized)-+13.37%
Volatility (annualized)-15.3%
Max Drawdown-25.7%-56.5%
Fund FamilyLeverage SharesState Street Investment Management
CategoryAlternativeEquity
InceptionAug 13, 2025Jan 22, 1993

NVDO vs SPY Performance

Leverage Shares 2x Capped Accelerated NVDA Monthly ETF (NVDO) is a ETF from Leverage Shares and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Year to date, NVDO is up 15.21% versus a gain of 13.79% for SPY.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -25.7% for NVDO and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 1.01% for SPY.

Holdings Overlap

0.0%overlap

NVDO and SPY share 0 holdings out of 505 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, NVDO or SPY?

NVDO has an expense ratio of 0.77% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $68 per year of difference.

What is the holdings overlap between NVDO and SPY?

NVDO and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.

Which pays a higher dividend, NVDO or SPY?

NVDO yields 1.03% while SPY yields 1.01%, so NVDO currently pays the higher dividend yield.

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