NBIG vs. ARMG

Last updated Jun 3, 2026

NBIG (Leverage Shares 2X Long NBIS Daily ETF) and ARMG (Leverage Shares 2X Long ARM Daily ETF) are both Leveraged Equities funds from Leverage Shares. Both are actively managed. At a 0.35 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

NBIG vs. ARMG - Performance Comparison

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

Returns By Period

In the year-to-date period, NBIG achieves a 493.04% return, which is significantly lower than ARMG's 888.42% return.

NBIG

• 1D: -3.05%
• 1M: 152.75%
• YTD: 493.04%
• 6M: 321.43%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ARMG

• 1D: -3.36%
• 1M: 219.03%
• YTD: 888.42%
• 6M: 521.40%
• 1Y: 507.81%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIG vs. ARMG - Yearly Performance Comparison

	2026 (YTD)	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	493.04%	-62.34%
ARMG Leverage Shares 2X Long ARM Daily ETF	888.42%	-64.25%

Correlation

The correlation between NBIG and ARMG is 0.35, 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	0.35

Return for Risk

NBIG vs. ARMG — Risk / Return Rank

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

ARMG

ARMG Risk / Return Rank: 83
ARMG Sharpe Ratio Rank: 95
ARMG Sortino Ratio Rank: 80
ARMG Omega Ratio Rank: 76
ARMG Calmar Ratio Rank: 94
ARMG Martin Ratio Rank: 71

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.

NBIG vs. ARMG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Leverage Shares 2X Long ARM Daily ETF (ARMG). 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

	NBIG	ARMG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.93	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.44	1.18	+0.26

Drawdowns

NBIG vs. ARMG - Drawdown Comparison

The maximum NBIG drawdown since its inception was -75.83%, smaller than the maximum ARMG drawdown of -80.28%. Use the drawdown chart below to compare losses from any high point for NBIG and ARMG.

Drawdown Indicators

	NBIG	ARMG	Difference
Max Drawdown Largest peak-to-trough decline	-75.83%	-80.28%	+4.45%
Max Drawdown (1Y) Largest decline over 1 year	—	-68.13%	—
Current Drawdown Current decline from peak	-3.05%	-3.36%	+0.31%
Average Drawdown Average peak-to-trough decline	-43.30%	-53.19%	+9.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	38.55%	—

Volatility

Volatility by Period

	NBIG	ARMG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	66.04%	—
Volatility (6M) Calculated over the trailing 6-month period	—	103.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	201.62%	130.25%	+71.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	201.62%	138.46%	+63.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	201.62%	138.46%	+63.16%

NBIG vs. ARMG - Expense Ratio Comparison

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

Dividends

NBIG vs. ARMG - Dividend Comparison

NBIG has not paid dividends to shareholders, while ARMG's dividend yield for the trailing twelve months is around 0.49%.

Position	TTM	2025
ARMG Leverage Shares 2X Long ARM Daily ETF	0.49%	4.86%
NBIG Leverage Shares 2X Long NBIS Daily ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both NBIG and ARMG in my portfolio?

NBIG and ARMG have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBIG or ARMG?

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, NBIG or ARMG?

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

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

ARMG has the higher dividend yield at 0.49%, compared with 0.00% for NBIG.