I can confirm, 38 MOA with the turret on the leupold. I have the VX5 and an SHV. Not the nightforce youre looking at, so I can't compare the glass, but the glass on the VX-5HD is excellent. With the weight and price difference, I would go VX-5HD for hunting, and likely target shooting. I got mine for around $700 on sale. The nightforce seems much more expensive.
If you were looking at VX-5 and SHV for target shooting, I might lean SHV depending on your reticle preference. I don't mind the weight and excellent but somewhat dimmer glass for target shooting. My hunting rifle has the VX5.