GLWG vs. NBIG

Last updated Jun 4, 2026

GLWG (Leverage Shares 2X Long GLW Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds from Leverage Shares. GLWG is passively managed, while NBIG is actively managed. At a 0.29 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

GLWG vs. NBIG - Performance Comparison

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

Returns By Period

GLWG

• 1D: 0.42%
• 1M: 46.27%
• YTD: —
• 6M: —
• 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)

GLWG vs. NBIG - Yearly Performance Comparison

	2026 (YTD)
GLWG Leverage Shares 2X Long GLW Daily ETF	85.97%
NBIG Leverage Shares 2X Long NBIS Daily ETF	413.79%

Correlation

The correlation between GLWG 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 Mar 11, 2026	0.29

Return for Risk

GLWG vs. NBIG - Risk-Adjusted Trends Comparison

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

	GLWG	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	8.78	1.21	+7.57

Drawdowns

GLWG vs. NBIG - Drawdown Comparison

The maximum GLWG drawdown since its inception was -29.53%, smaller than the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for GLWG and NBIG.

Drawdown Indicators

	GLWG	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-29.53%	-75.83%	+46.30%
Current Drawdown Current decline from peak	-10.32%	-9.57%	-0.75%
Average Drawdown Average peak-to-trough decline	-10.71%	-43.08%	+32.37%

Volatility

Volatility by Period

	GLWG	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	151.06%	201.21%	-50.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	151.06%	201.21%	-50.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	151.06%	201.21%	-50.15%

GLWG vs. NBIG - Expense Ratio Comparison

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

Dividends

GLWG vs. NBIG - Dividend Comparison

Neither GLWG nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GLWG and NBIG in my portfolio?

GLWG 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, GLWG 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, GLWG or NBIG?

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

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

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