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NVDB vs NVDG

ProShares Ultra NVDA

NVDBCNYSE Arca

Leverage Shares 2X Long NVDA Daily ETF

NVDGBNasdaq

Overlap

Expense ratio

NVDG −0.19pt a year

NVDB0.95%NVDG0.76%

Avg volume · 30D

NVDG 10.4×the volume

NVDB21.7KNVDG224K

NVDB vs NVDG Performance

Nov 7, 2025 – Nov 9, 2026

−31.0%NVDB−31.3%NVDG

Nov 7, 2025 to Nov 9, 2026. NVDB −31.0%. NVDG −31.3%. Use the arrow keys to read each point.−10%0%10%20%30%Nov 2025May 2026Nov 2026
Expense ratio
NVDB 0.95%
NVDG 0.76%, better
Fund size
NVDB $4M
NVDG $26M
1Y total return
NVDB −31.0%, better
NVDG −31.3%
Holdings
NVDB 1
NVDG 5
Avg volume (30D)
NVDB 21.7K sh
NVDG 224K sh, better
NAV per share
NVDB $21.94
NVDG $13.28
52W range

ETF.net Grade

NVDB: Cost 57, Risk 43, Mission 80, Tradability 49, Holdings not scored, Durability 40. NVDG: Cost 80, Risk 40, Mission not scored, Tradability 59, Holdings not scored, Durability 45.
Pillar letters and Scores for NVDB, NVDG, with each pillar’s weight
PillarNVDBNVDG
Cost30% weightB57A80Higher
Mission25% weightA80Not scored
Risk15% weightC43HigherC40
Tradability15% weightC49B59Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC40C45Higher

Rank among 2x Long Nvidia (NVDA) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. NVDB and NVDG are both graded against the same 8 2x Long Nvidia (NVDA) funds, so their Grades compare head to head.

2x Long Nvidia (NVDA)⁠

Category · 8 funds
See all 8 ›

NVDG ranks 3rd and NVDB 7th of 8 funds in the 2x Long Nvidia (NVDA) Category.

  1. Rank 1BNVDUDirexion Daily NVDA Bull 2X ETFScore 67
  2. Rank 2BNVDWRoundhill NVDA WeeklyPay ETFScore 64
  3. Rank 3BNVDGLeverage Shares 2X Long NVDA Daily ETFScore 62
  4. Rank 4BNVDXT-REX 2X Long NVIDIA Daily Target ETFScore 56
  5. Rank 7CNVCCorgi NVDA 2x Daily ETFScore 40
  6. Rank 7CNVDBProShares Ultra NVDAScore 40

Our read on each fund

ETF.net Research

NVDBCProShares Ultra NVDA

NVDGBLeverage Shares 2X Long NVDA Daily ETF

In short

NVDB ProShares helped invent the leveraged ETF in 2006, then arrived at the crowded 2x NVDA shelf in 2025. NVDB targets twice NVIDIA's daily stock move, resets that exposure every day, and costs 0.95% net of a waiver through September 30, 2027.

NVDG No data

Stated mandate

NVDB The Fund seeks daily investment results, before fees and expenses, corresponding to twice the daily performance of NVIDIA Corporation common stock.

NVDG No data

Why people hold it

  • NVDB Does one job: targets two times NVIDIA's daily stock move, before fees, with the leverage reset at every day's close.proshares.com
  • 0.95% net of a waiver through September 30, 2027 puts it mid-shelf among 2x NVDA funds: under NVDL's 1.05%, above NVDU's 0.92% (neither of those is waived).
  • ProShares has run geared ETFs since 2006, and NVDB uses the same Ultra machinery; its day-to-day results have tracked the 2x target closely.wikipedia.orgproshares.com

NVDG No data

Worth knowing

  • NVDB Daily reset: hold past one day and compounding means results can differ significantly from two times NVDA's return over that stretch, especially in choppy markets.sec.gov
  • One stock, doubled. NVIDIA-specific news lands twice as hard in both directions, with no other holdings to cushion it.
  • The 0.95% leans on that waiver through September 30, 2027, and NVDG charges 0.76% with no waiver attached. NVDB is also newer and thinly traded, so spreads can run wider.

NVDG No data

Full NVDB profile⁠

Full NVDG profile⁠

NVDB vs NVDG Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

NVDB vs NVDG Cost

Overpaying NVDB vs NVDG

$3,213

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • NVDB 0.95%

    $17,869

  • NVDG 0.76%

    $14,656

$10,000
30 years

Cost over time

  • NVDB 0.95%
  • NVDG 0.76%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NVDB $17,869NVDG $14,656

Year by year

YearNVDBNVDGOverpaying
10$1,678$1,353$325
20$6,322$5,142$1,180
30$17,869$14,656$3,213

Expense ratio

  • 0.95%NVDB
  • 0.76%NVDG, cheaper
  • Middle half of 2x Long Nvidia (NVDA) funds
  • Median 0.97%

NVDG 2nd cheapest of 8 funds

NVDB 4th cheapest of 8 funds

NVDB vs NVDG Dividends

Last 12 months to Nov 9, 2026
Last payment
NVDB $0.25
NVDG $1.99
Ex-dividend
NVDB Sep 23, 2026
NVDG Dec 30, 2025
Paid on
NVDB Sep 29, 2026
NVDG Jan 2, 2026
Frequency
NVDB Quarterly
NVDG Irregular

Distribution history

Per share, 2025 to 2026, same scale for both

NVDBQuarterly · 4 paymentsAll NVDB payments⁠
One bar per payment. 4 payments from 2025 to 2026 YTD. Dec 24, 2025 $0.15; Mar 25, 2026 $0.15; Jun 24, 2026 $0.15; Sep 23, 2026 $0.25. Use the arrow keys to read each point.$0$22026YTD
NVDGIrregular · 1 paymentAll NVDG payments⁠
One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $1.99. Use the arrow keys to read each point.$0$22026YTD

NVDB vs NVDG Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NVDB 56.9%since Oct 2025NVDG 72.2%since Jan 2025
Return per unit of riskSharpe ratio, 3 years
NVDB 0.05since Oct 2025NVDG 0.46since Jan 2025
Worst fallMax drawdown, 5 years
NVDB −50.1%since Sep 2025NVDG −66.2%since Dec 2024
Market sensitivityBeta, 5 years
NVDB 3.12NVDG 4.03

Popular comparisons

  • NVDBCvsNVDUB

    ProShares Ultra NVDA · Direxion Daily NVDA Bull 2X ETF

    Expense ratio
    0.95% · 0.92%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDGBvsNVDUB

    Leverage Shares 2X Long NVDA Daily ETF · Direxion Daily NVDA Bull 2X ETF

    Expense ratio
    0.76% · 0.92%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDBCvsNVDWB

    ProShares Ultra NVDA · Roundhill NVDA WeeklyPay ETF

    Expense ratio
    0.95% · 1.00%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDGBvsNVDWB

    Leverage Shares 2X Long NVDA Daily ETF · Roundhill NVDA WeeklyPay ETF

    Expense ratio
    0.76% · 1.00%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDBCvsNVDXB

    ProShares Ultra NVDA · T-REX 2X Long NVIDIA Daily Target ETF

    Expense ratio
    0.95% · 1.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDGBvsNVDXB

    Leverage Shares 2X Long NVDA Daily ETF · T-REX 2X Long NVIDIA Daily Target ETF

    Expense ratio
    0.76% · 1.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.