FLYT vs. NBIG

Last updated Jun 5, 2026

FLYT (Tradr 2X Long FLY Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.29 correlation, their price movements are largely independent. FLYT charges 1.30%/yr vs 0.75%/yr for NBIG.

Performance

FLYT vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long FLY Daily ETF (FLYT) 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, FLYT achieves a 83.96% return, which is significantly lower than NBIG's 487.61% return.

FLYT

• 1D: 6.70%
• 1M: 41.85%
• YTD: 83.96%
• 6M: 94.89%
• 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)

FLYT vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
FLYT Tradr 2X Long FLY Daily ETF	83.96%	-51.13%
NBIG Leverage Shares 2X Long NBIS Daily ETF	487.61%	-62.34%

Correlation

The correlation between FLYT and NBIG is 0.29, 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	0.29

Return for Risk

FLYT vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long FLY Daily ETF (FLYT) 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

	FLYT	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.00	1.38	-1.38

Drawdowns

FLYT vs. NBIG - Drawdown Comparison

The maximum FLYT drawdown since its inception was -72.69%, roughly equal to the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for FLYT and NBIG.

Drawdown Indicators

	FLYT	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-72.69%	-75.83%	+3.14%
Current Drawdown Current decline from peak	-53.52%	-3.94%	-49.58%
Average Drawdown Average peak-to-trough decline	-41.65%	-42.82%	+1.17%

Volatility

Volatility by Period

	FLYT	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	237.15%	200.64%	+36.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	237.15%	200.64%	+36.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	237.15%	200.64%	+36.51%

FLYT vs. NBIG - Expense Ratio Comparison

FLYT has a 1.30% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

FLYT vs. NBIG - Dividend Comparison

Neither FLYT nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both FLYT and NBIG in my portfolio?

FLYT and NBIG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FLYT 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, FLYT or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.30% for FLYT.

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

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

What is the main difference between FLYT and NBIG?

They also come from different issuers: Tradr ETFs and Leverage Shares. Their fees differ too: 1.30% for FLYT and 0.75% for NBIG.