Leverage Shares 2X Long NIO Daily ETF (NIOG) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NIOG. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NIOG
NIOG charges 0.75% annually. There are 3 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | NIOG vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | NIOG vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | NIOG vs SPUU | |
| Leverage Shares 2X Long CRM Daily ETF | 0.75% | 52.93M | Apr 2025 | NIOG vs CRMG | |
| Leverage Shares 2X Long OKTA Daily ETF | 0.75% | 3.07M | Nov 2025 | NIOG vs OKTG |
Best Risk-Adjusted Alternatives to NIOG
Among 270 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 6.16B | Oct 2024 | NIOG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | NIOG vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | NIOG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | NIOG vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | NIOG vs INTW |
Top Performing NIOG Alternatives (YTD)
NIOG is at -24.25% YTD. There are 228 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 589.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 589.77% | 162.40M | Feb 2025 | NIOG vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 449.17% | 6.16B | Oct 2024 | NIOG vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 436.29% | 923.53M | Nov 2024 | NIOG vs MULL | |
| GraniteShares 2x Long INTC Daily ETF | 332.72% | 509.42M | Feb 2025 | NIOG vs INTW | |
| Direxion Daily INTC Bull 2X Shares | 332.54% | 101.49M | Nov 2025 | NIOG vs LINT |
Lowest Volatility Alternatives to NIOG
NIOG has 112.29% 1-year volatility. There are 282 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | NIOG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.23% | 20.50M | Apr 2021 | NIOG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | NIOG vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | NIOG vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 10.63% | 20.95M | Jul 2021 | NIOG vs QTJL |
Lowest Drawdown Alternatives to NIOG
Among 270 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | NIOG vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | NIOG vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | NIOG vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | NIOG vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | NIOG vs XDSQ |
Other ETFs from Leverage Shares
The 10 most viewed Leverage Shares ETFs shown here include AMDG, TSMG, NVDG and span 1 categories. AUM among these funds goes as high as $118M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Leverage Shares 2X Long AMD Daily ETF | Leveraged Equities | 91 | 279.50% | 41.64M | Jan 2025 | NIOG vs AMDG | |
| Leverage Shares 2X Long TSM Daily ETF | Leveraged Equities | 66 | 54.62% | 32.98M | Jan 2025 | NIOG vs TSMG | |
| Leverage Shares 2X Long NVDA Daily ETF | Leveraged Equities | 15 | 7.36% | — | Dec 2024 | NIOG vs NVDG | |
| Leverage Shares 2X Long ARM Daily ETF | Leveraged Equities | 26 | 261.05% | 101.28M | Jan 2025 | NIOG vs ARMG | |
| Leverage Shares 2X Long HOOD Daily ETF | Leveraged Equities | 8 | -40.04% | 82.29M | Mar 2025 | NIOG vs HOOG | |
| Leverage Shares 2X Long TSLA Daily ETF | Leveraged Equities | 13 | -36.05% | — | Dec 2024 | NIOG vs TSLG | |
| Leverage Shares 2X Long NBIS Daily ETF | Leveraged Equities | — | 113.05% | 117.50M | Oct 2025 | NIOG vs NBIG | |
| Leverage Shares 2X Long BMNR Daily ETF | Leveraged Equities | — | -81.40% | 25.41M | Oct 2025 | NIOG vs BMNG | |
| Leverage Shares 2X Long TER Daily ETF | Leveraged Equities | — | 74.74% | 7.81M | Nov 2025 | NIOG vs TERG | |
| Leverage Shares 2X Long ASML Daily ETF | Leveraged Equities | 92 | 126.91% | 45.00M | Jan 2025 | NIOG vs ASMG |
Often Compared With NIOG
Investors most often compare NIOG with BIDG, ALBG, AXPG. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare NIOG with Any Fund or Stock
Compare NIOG with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NIOG with funds that move differently
Leverage Shares 2X Long NIO Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NIOG.
Explore NIOG Diversifiers