GEVX vs. NEBX

Last updated Jul 14, 2026

GEVX (Tradr 2X Long GEV Daily ETF) and NEBX (Tradr 2X Long NBIS Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

GEVX vs. NEBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long GEV Daily ETF (GEVX) and Tradr 2X Long NBIS Daily ETF (NEBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GEVX achieves a 115.00% return, which is significantly lower than NEBX's 236.28% return.

GEVX

• 1D: -9.31%
• 1M: 17.64%
• 6M: 124.87%
• YTD: 115.00%
• 1Y: 166.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEBX

• 1D: -8.75%
• 1M: -27.35%
• 6M: 108.69%
• YTD: 236.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GEVX vs. NEBX - Yearly Performance Comparison

	2026 (YTD)	2025
GEVX Tradr 2X Long GEV Daily ETF	115.00%	5.02%
NEBX Tradr 2X Long NBIS Daily ETF	236.28%	-37.72%

Correlation

The correlation between GEVX and NEBX is 0.43, 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 Sep 9, 2025	0.43

Return for Risk

GEVX vs. NEBX — Risk / Return Rank

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

GEVX

GEVX Risk / Return Rank: 67
GEVX Sharpe Ratio Rank: 61
GEVX Sortino Ratio Rank: 65
GEVX Omega Ratio Rank: 60
GEVX Calmar Ratio Rank: 85
GEVX Martin Ratio Rank: 64

NEBX

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.

GEVX vs. NEBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long GEV Daily ETF (GEVX) and Tradr 2X Long NBIS Daily ETF (NEBX). 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.

	GEVX	NEBX	Difference
Sharpe ratio: Return per unit of total volatility	1.61	—	—
Sortino ratio: Return per unit of downside risk	2.39	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	3.72	—	—
Martin ratio: Return relative to average drawdown	9.04	—	—

Drawdowns

GEVX vs. NEBX - Drawdown Comparison

The maximum GEVX drawdown since its inception was -45.03%, smaller than the maximum NEBX drawdown of -77.97%. Use the drawdown chart below to compare losses from any high point for GEVX and NEBX.

Drawdown Indicators

	GEVX	NEBX	Difference
Max Drawdown Largest peak-to-trough decline	-45.03%	-77.97%	+32.94%
Max Drawdown (1Y) Largest decline over 1 year	-45.03%	—	—
Current Drawdown Current decline from peak	-24.26%	-51.15%	+26.89%
Average Drawdown Average peak-to-trough decline	-15.10%	-38.99%	+23.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.51%	—	—

Volatility

Volatility by Period

	GEVX	NEBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	40.65%	—	—
Volatility (6M) Calculated over the trailing 6-month period	71.78%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	104.24%	195.42%	-91.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.04%	195.42%	-91.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.04%	195.42%	-91.38%

GEVX vs. NEBX - Expense Ratio Comparison

Both GEVX and NEBX have an expense ratio of 1.30%.

Dividends

GEVX vs. NEBX - Dividend Comparison

Neither GEVX nor NEBX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GEVX and NEBX in my portfolio?

GEVX and NEBX have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GEVX or NEBX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GEVX or NEBX?

GEVX and NEBX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, GEVX or NEBX?

GEVX and NEBX have nearly identical dividend yields, around 0.00%.