BOEG vs. NBIG

Last updated Jun 24, 2026

BOEG (Leverage Shares 2X Long BA Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.16 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

BOEG vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long BA Daily ETF (BOEG) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BOEG achieves a -10.46% return, which is significantly lower than NBIG's 526.74% return.

BOEG

• 1D: -3.65%
• 1M: -3.95%
• YTD: -10.46%
• 6M: -10.54%
• 1Y: -7.01%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: -5.81%
• 1M: 51.57%
• YTD: 526.74%
• 6M: 438.77%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOEG vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
BOEG Leverage Shares 2X Long BA Daily ETF	-10.46%	-7.90%
NBIG Leverage Shares 2X Long NBIS Daily ETF	526.74%	-59.80%

Correlation

The correlation between BOEG and NBIG is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.16

Return for Risk

BOEG vs. NBIG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOEG

BOEG Risk / Return Rank: 8
BOEG Sharpe Ratio Rank: 8
BOEG Sortino Ratio Rank: 10
BOEG Omega Ratio Rank: 10
BOEG Calmar Ratio Rank: 8
BOEG Martin Ratio Rank: 7

NBIG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOEG vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long BA Daily ETF (BOEG) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BOEG	NBIG	Difference
Sharpe ratio: Return per unit of total volatility	-0.11	—	—
Sortino ratio: Return per unit of downside risk	0.31	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	-0.15	—	—
Martin ratio: Return relative to average drawdown	-0.30	—	—

Drawdowns

BOEG vs. NBIG - Drawdown Comparison

The maximum BOEG drawdown since its inception was -46.47%, smaller than the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for BOEG and NBIG.

Drawdown Indicators

	BOEG	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-46.47%	-75.83%	+29.36%
Max Drawdown (1Y) Largest decline over 1 year	-46.47%	—	—
Current Drawdown Current decline from peak	-32.78%	-7.58%	-25.20%
Average Drawdown Average peak-to-trough decline	-19.57%	-40.71%	+21.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.48%	—	—

Volatility

Volatility by Period

	BOEG	NBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	21.62%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	64.36%	199.11%	-134.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.05%	199.11%	-135.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.05%	199.11%	-135.06%

BOEG vs. NBIG - Expense Ratio Comparison

Both BOEG and NBIG have an expense ratio of 0.75%.

Dividends

BOEG vs. NBIG - Dividend Comparison

Neither BOEG nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both BOEG and NBIG in my portfolio?

BOEG and NBIG have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BOEG or NBIG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BOEG or NBIG?

BOEG and NBIG have the same expense ratio: 0.75% per year.

Which ETF pays a higher dividend yield, BOEG or NBIG?

BOEG and NBIG have nearly identical dividend yields, around 0.00%.