Leverage Shares 2X Long NVDA Daily ETF (NVDG) Performance
NVDG total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +2.8% since Dec 31, 2025
- 1 year
- +2.6% total return
- Since first price
- −22.7% since 2024
NVDG trailing returns vs SPY, QQQ, AGG
| Period | NVDG total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −15.1% | −15.1% | −1.0% | −5.0% | +0.9% |
| 3 months | −4.7% | −4.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.5% | −3.5% | +7.8% | +8.4% | −1.5% |
| YTD | +2.8% | +2.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +2.6% | −8.0% | +14.4% | +15.9% | −1.1% |
| Since inceptionDec 5, 2024 | −22.7% | −30.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NVDG vs SPY
From Dec 5, 2024: NVDG grew to $7,733, SPY to $12,816.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NVDG returns by calendar year
1 of 1 full years positive. Best 2025 (+32.4%), worst 2025 (+32.4%). 2026 is year to date.
NVDG annual returns table
| Year | NVDG | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +2.8% | −38.5% | +12.3% | +15.1% | −1.0% |
| 2025 | +32.4% | −66.2% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NVDG largest drawdowns
Now 29.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 9, 2024 | −76.4% | Apr 4, 2025 | May 13, 2026 | 4 months | 1.4 years |
| May 14, 2026 | −38.5% | Jul 29, 2026 | not yet | 2 months | 5 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
NVDG risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +33.0% |
| Volatility (annualized) | 71.1% |
| Sharpe ratio | 0.68 |
| Sortino ratio | 1.23 |
| Best month | +50.7% |
| Worst month | −26.9% |
| Best 12 months | +168.3% |
| Worst 12 months | −0.9% |
| Positive months | 57% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NVDG rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 11 | −16.3% | +32.4% | +168.3% | 82% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
NVDG performance overview
Leverage Shares 2X Long NVDA Daily ETF (NVDG) returned +2.6% over the past year, with distributions reinvested. Since its first recorded price on Dec 5, 2024 it has returned −22.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −76.4%, from Dec 9, 2024 to Apr 4, 2025, and it took 1.1 years to get back to the old high. Volatility has been 71.1% a year.
Related: NVDG chart, NVDG dividends. See the NVDG overview for the latest quote and fund facts.
NVDG performance FAQ
What is the NVDG return over the past year?
NVDG returned +2.6% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 8.0%.
How much would $10,000 invested in NVDG be worth?
$10,000 invested in NVDG at its first recorded close on December 5, 2024 would be worth about $7,733 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of NVDG?
The largest peak-to-trough decline was −76.4% between December 9, 2024 and April 4, 2025. It recovered to the old high on May 13, 2026, 1.1 years after the bottom.
How volatile is NVDG?
Over the past history NVDG had an annualized volatility of 71.1% and a Sharpe ratio of 0.68 (excess return over 1–3 month T-bills per unit of risk).