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NVDG vs NVDU

Leverage Shares 2X Long NVDA Daily ETF

NVDGBNasdaq

Direxion Daily NVDA Bull 2X ETF

NVDUBNasdaq

Overlap

Expense ratio

NVDG −0.16pt a year

NVDG0.76%NVDU0.92%

Avg volume · 30D

NVDU 1.3×the volume

NVDG225KNVDU300K

NVDG vs NVDU Performance

Oct 31, 2025 – Oct 30, 2026

−21.6%NVDG−19.3%NVDU

Oct 31, 2025 to Oct 30, 2026. NVDG −21.6%. NVDU −19.3%. Use the arrow keys to read each point.−40%−10%0%10%20%Oct 2025Apr 2026Oct 2026
Expense ratio
NVDG 0.76%, better
NVDU 0.92%
Fund size
NVDG $33M
NVDU $449M
1Y total return
NVDG −21.6%
NVDU −19.3%, better
Yield (12M)
NVDG No data
NVDU 6.16%
Holdings
NVDG 4
NVDU 11
Avg volume (30D)
NVDG 225K sh
NVDU 300K sh, better
NAV per share
NVDG $16.22
NVDU $125.58
52W range

ETF.net Grade

NVDG: Cost 80, Risk 44, Mission not scored, Tradability 63, Holdings not scored, Durability 45. NVDU: Cost 68, Risk 53, Mission 79, Tradability 57, Holdings not scored, Durability 72.
Pillar letters and Scores for NVDG, NVDU, with each pillar’s weight
PillarNVDGNVDU
Cost30% weightA80HigherB68
Mission25% weightNot scoredA79
Risk15% weightC44C53Higher
Tradability15% weightB63HigherB57
Holdings10% weightNot scoredNot scored
Durability5% weightC45A72Higher

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. NVDG and NVDU 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 ›

NVDU ranks 1st and NVDG 3rd of 8 funds in the 2x Long Nvidia (NVDA) Category.

  1. Rank 1BNVDUDirexion Daily NVDA Bull 2X ETFScore 66
  2. Rank 2BNVDWRoundhill NVDA WeeklyPay ETFScore 65
  3. Rank 3BNVDGLeverage Shares 2X Long NVDA Daily ETFScore 64
  4. Rank 4BNVDXT-REX 2X Long NVIDIA Daily Target ETFScore 55

Our read on each fund

ETF.net Research

NVDGBLeverage Shares 2X Long NVDA Daily ETF

NVDUBDirexion Daily NVDA Bull 2X ETF

In short

NVDG No data

NVDU NVDU aims for 200% of NVIDIA's daily move at 0.92% a year, below the usual toll in its corner of the market. The catch sits in the name: it resets every day, so a week's return is its own math, not twice NVDA's week.

Stated mandate

NVDG No data

NVDU NVDU seeks daily investment results, before fees and expenses, equal to 200% of the performance of NVIDIA Corporation common shares. It is designed for daily leveraged exposure rather than to track the stock over longer periods.

Why people hold it

NVDG No data

  • NVDU 0.92% a year, the lightest fee among the 2x NVDA bull funds in its peer set. NVDL and NVDB both sit above 1%.
  • Hits what it advertises: day-to-day tracking of the 200% target ranks among the stronger implementations in the NVDA leverage group.
  • Runs in the standard 1940 Act ETF wrapper, from a lineup Direxion has built around daily leveraged exposure, and trades steadily enough for routine entries and exits.

Worth knowing

NVDG No data

  • NVDU Daily reset. Hold past one session and returns compound off each close, so choppy stretches can land far from twice NVDA's move over that stretch.
  • One stock, doubled. NVIDIA's down days arrive twice as hard, with no diversification to cushion them.
  • Direxion built it for daily leveraged exposure rather than longer-term tracking, which puts the monitoring work on the holder.

Full NVDG profile⁠

Full NVDU profile⁠

NVDG vs NVDU 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.

NVDG vs NVDU Cost

Overpaying NVDU vs NVDG

$2,717

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

  • NVDG 0.76%

    $14,656

  • NVDU 0.92%

    $17,373

$10,000
30 years

Cost over time

  • NVDG 0.76%
  • NVDU 0.92%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530NVDU $17,373NVDG $14,656

Year by year

YearNVDGNVDUOverpaying
10$1,353$1,627$274
20$5,142$6,138$996
30$14,656$17,373$2,717

Expense ratio

  • 0.76%NVDG, cheaper
  • 0.92%NVDU
  • Middle half of 2x Long Nvidia (NVDA) funds
  • Median 0.97%

NVDG 2nd cheapest of 8 funds

NVDU 3rd cheapest of 8 funds

NVDG vs NVDU Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
NVDG No data
NVDU 6.16%
Payout (12M)
NVDG No data
NVDU $7.08
Last payment
NVDG $1.99
NVDU $0.70
Ex-dividend
NVDG Dec 30, 2025
NVDU Sep 22, 2026
Paid on
NVDG Jan 2, 2026
NVDU Sep 29, 2026
Frequency
NVDG Irregular
NVDU Quarterly

Distribution history

Per share, 2023 to 2026, same scale for both

NVDGIrregular · 1 paymentAll NVDG payments⁠
One bar per payment. 1 payment from 2023 to 2026 YTD. Dec 30, 2025 $1.99. Use the arrow keys to read each point.$0$1020232026YTD
NVDUQuarterly · 14 paymentsAll NVDU payments⁠
One bar per payment. 14 payments from 2023 to 2026 YTD. Dec 21, 2023 $0.18; Mar 19, 2024 $0.26; Jun 25, 2024 $0.48; Sep 24, 2024 $0.50; Dec 12, 2024 $13.88; Dec 23, 2024 $0.65; Mar 25, 2025 $0.42; Jun 24, 2025 $0.61; Sep 23, 2025 $0.50; Dec 10, 2025 $4.44; Dec 23, 2025 $0.72; Mar 24, 2026 $0.53; Jun 23, 2026 $0.69; Sep 22, 2026 $0.70. Use the arrow keys to read each point.$0$1020232026YTD

NVDG vs NVDU Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
NVDG 72.2%since Jan 2025NVDU 74.0%
Return per unit of riskSharpe ratio, 3 years
NVDG 0.46since Jan 2025NVDU 1.16
Worst fallMax drawdown, 5 years
NVDG −66.2%since Dec 2024NVDU −67.2%since Sep 2023
Market sensitivityBeta, 5 years
NVDG 3.89NVDU 3.93

Popular comparisons

  • 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.

  • NVDUBvsNVDWB

    Direxion Daily NVDA Bull 2X ETF · Roundhill NVDA WeeklyPay ETF

    Expense ratio
    0.92% · 1.00%
    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.

  • NVDUBvsNVDXB

    Direxion Daily NVDA Bull 2X ETF · T-REX 2X Long NVIDIA Daily Target ETF

    Expense ratio
    0.92% · 1.05%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDGBvsNVDLC

    Leverage Shares 2X Long NVDA Daily ETF · GraniteShares 2x Long NVDA Daily ETF

    Expense ratio
    0.76% · 1.64%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • NVDUBvsNVDLC

    Direxion Daily NVDA Bull 2X ETF · GraniteShares 2x Long NVDA Daily ETF

    Expense ratio
    0.92% · 1.64%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.