COIO vs. NBIG

Last updated Jun 4, 2026

COIO (Leverage Shares 2x Capped Accelerated COIN Monthly ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both exchange-traded funds - COIO is a Defined Outcome fund actively managed by Leverage Shares, while NBIG is a Leveraged Equities fund actively managed by Leverage Shares. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. COIO charges 0.77%/yr vs 0.75%/yr for NBIG.

Performance

COIO vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2x Capped Accelerated COIN Monthly ETF (COIO) 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, COIO achieves a -21.03% return, which is significantly lower than NBIG's 453.13% return.

COIO

• 1D: -5.76%
• 1M: -16.64%
• YTD: -21.03%
• 6M: -36.15%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: -6.73%
• 1M: 83.04%
• YTD: 453.13%
• 6M: 273.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

COIO vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
COIO Leverage Shares 2x Capped Accelerated COIN Monthly ETF	-21.03%	-38.12%
NBIG Leverage Shares 2X Long NBIS Daily ETF	453.13%	-62.34%

Correlation

The correlation between COIO and NBIG is 0.44, 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 28, 2025	0.44

Return for Risk

COIO vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2x Capped Accelerated COIN Monthly ETF (COIO) 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.

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

Sharpe Ratios by Period

	COIO	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.77	1.21	-1.98

Drawdowns

COIO vs. NBIG - Drawdown Comparison

The maximum COIO drawdown since its inception was -62.48%, smaller than the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for COIO and NBIG.

Drawdown Indicators

	COIO	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-62.48%	-75.83%	+13.35%
Current Drawdown Current decline from peak	-52.21%	-9.57%	-42.64%
Average Drawdown Average peak-to-trough decline	-31.44%	-43.08%	+11.64%

Volatility

Volatility by Period

	COIO	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	64.87%	201.21%	-136.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	64.87%	201.21%	-136.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	64.87%	201.21%	-136.34%

COIO vs. NBIG - Expense Ratio Comparison

COIO has a 0.77% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

COIO vs. NBIG - Dividend Comparison

COIO's dividend yield for the trailing twelve months is around 88.91%, while NBIG has not paid dividends to shareholders.

Position	TTM	2025
COIO Leverage Shares 2x Capped Accelerated COIN Monthly ETF	88.91%	70.21%
NBIG Leverage Shares 2X Long NBIS Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both COIO and NBIG in my portfolio?

COIO and NBIG have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, COIO or NBIG?

On fees, NBIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, COIO or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 0.77% for COIO.

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

COIO has the higher dividend yield at 88.91%, compared with 0.00% for NBIG.

What is the main difference between COIO and NBIG?

COIO is categorized as Defined Outcome, while NBIG is Leveraged Equities. Their fees differ too: 0.77% for COIO and 0.75% for NBIG.