GLWG vs. NBIL

Last updated Jun 24, 2026

GLWG (Leverage Shares 2X Long GLW Daily ETF) and NBIL (GraniteShares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. GLWG is passively managed, while NBIL is actively managed. At a 0.31 correlation, their price movements are largely independent. GLWG charges 0.75%/yr vs 1.50%/yr for NBIL.

Performance

GLWG vs. NBIL - Performance Comparison

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

Returns By Period

GLWG

• 1D: -15.43%
• 1M: -7.72%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIL

• 1D: -5.97%
• 1M: 52.09%
• YTD: 538.88%
• 6M: 449.19%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

GLWG vs. NBIL - Yearly Performance Comparison

	2026 (YTD)
GLWG Leverage Shares 2X Long GLW Daily ETF	70.76%
NBIL GraniteShares 2X Long NBIS Daily ETF	507.58%

Correlation

The correlation between GLWG and NBIL is 0.31, 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 10, 2026	0.31

Return for Risk

GLWG vs. NBIL - Risk-Adjusted Trends Comparison

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

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

Drawdowns

GLWG vs. NBIL - Drawdown Comparison

The maximum GLWG drawdown since its inception was -39.12%, smaller than the maximum NBIL drawdown of -77.87%. Use the drawdown chart below to compare losses from any high point for GLWG and NBIL.

Drawdown Indicators

	GLWG	NBIL	Difference
Max Drawdown Largest peak-to-trough decline	-39.12%	-77.87%	+38.75%
Current Drawdown Current decline from peak	-21.67%	-8.51%	-13.16%
Average Drawdown Average peak-to-trough decline	-13.38%	-42.72%	+29.34%

Volatility

Volatility by Period

	GLWG	NBIL	Difference
Volatility (1Y) Calculated over the trailing 1-year period	160.75%	198.62%	-37.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	160.75%	198.62%	-37.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	160.75%	198.62%	-37.87%

GLWG vs. NBIL - Expense Ratio Comparison

GLWG has a 0.75% expense ratio, which is lower than NBIL's 1.50% expense ratio.

Dividends

GLWG vs. NBIL - Dividend Comparison

Neither GLWG nor NBIL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both GLWG and NBIL in my portfolio?

GLWG and NBIL have a correlation of 0.31, 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 NBIL?

On fees, GLWG 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, GLWG or NBIL?

GLWG is cheaper with a 0.75% expense ratio, compared with 1.50% for NBIL.

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

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

What is the main difference between GLWG and NBIL?

They also come from different issuers: Leverage Shares and GraniteShares. Their fees differ too: 0.75% for GLWG and 1.50% for NBIL.