CRWG vs. NBIG

Last updated Jun 5, 2026

CRWG (Leverage Shares 2X Long CRWV Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. A 0.77 correlation means they provide meaningful diversification when combined. Both charge a 0.75% expense ratio.

Performance

CRWG vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long CRWV Daily ETF (CRWG) 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, CRWG achieves a 46.05% return, which is significantly lower than NBIG's 487.61% return.

CRWG

• 1D: -5.06%
• 1M: -34.22%
• YTD: 46.05%
• 6M: -7.18%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: 6.23%
• 1M: 96.57%
• YTD: 487.61%
• 6M: 268.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CRWG vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
CRWG Leverage Shares 2X Long CRWV Daily ETF	46.05%	-77.41%
NBIG Leverage Shares 2X Long NBIS Daily ETF	487.61%	-62.34%

Correlation

The correlation between CRWG and NBIG is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	0.77

Return for Risk

CRWG vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long CRWV Daily ETF (CRWG) 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

	CRWG	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.43	1.38	-1.81

Drawdowns

CRWG vs. NBIG - Drawdown Comparison

The maximum CRWG drawdown since its inception was -89.42%, which is greater than NBIG's maximum drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for CRWG and NBIG.

Drawdown Indicators

	CRWG	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-89.42%	-75.83%	-13.59%
Current Drawdown Current decline from peak	-78.18%	-3.94%	-74.24%
Average Drawdown Average peak-to-trough decline	-68.58%	-42.82%	-25.76%

Volatility

Volatility by Period

	CRWG	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	191.34%	200.64%	-9.30%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	191.34%	200.64%	-9.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	191.34%	200.64%	-9.30%

CRWG vs. NBIG - Expense Ratio Comparison

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

Dividends

CRWG vs. NBIG - Dividend Comparison

CRWG's dividend yield for the trailing twelve months is around 5.06%, while NBIG has not paid dividends to shareholders.

Position	TTM	2025
CRWG Leverage Shares 2X Long CRWV Daily ETF	5.06%	7.39%
NBIG Leverage Shares 2X Long NBIS Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both CRWG and NBIG in my portfolio?

CRWG and NBIG have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CRWG 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, CRWG or NBIG?

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

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

CRWG has the higher dividend yield at 5.06%, compared with 0.00% for NBIG.