NBIG vs. ASTX
NBIG (Leverage Shares 2X Long NBIS Daily ETF) and ASTX (Tradr 2X Long ASTS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.44 correlation, their price movements are largely independent. NBIG charges 0.75%/yr vs 1.30%/yr for ASTX.
Performance
NBIG vs. ASTX - Performance Comparison
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Returns By Period
In the year-to-date period, NBIG achieves a 232.78% return, which is significantly higher than ASTX's -61.97% return.
NBIG
- 1D
- -8.14%
- 1M
- -26.86%
- 6M
- 108.06%
- YTD
- 232.78%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ASTX
- 1D
- -15.53%
- 1M
- -39.48%
- 6M
- -77.89%
- YTD
- -61.97%
- 1Y
- -42.09%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIG vs. ASTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIG Leverage Shares 2X Long NBIS Daily ETF | 232.78% | -59.80% |
ASTX Tradr 2X Long ASTS Daily ETF | -61.97% | -24.64% |
Correlation
The correlation between NBIG and ASTX is 0.44, 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 27, 2025 | 0.44 |
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Return for Risk
NBIG vs. ASTX — Risk / Return Rank
NBIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ASTX
NBIG vs. ASTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Tradr 2X Long ASTS Daily ETF (ASTX). 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.
| NBIG | ASTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.14 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.50 | — |
| Martin ratioReturn relative to average drawdown | — | -0.80 | — |
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Drawdowns
NBIG vs. ASTX - Drawdown Comparison
The maximum NBIG drawdown since its inception was -75.83%, smaller than the maximum ASTX drawdown of -84.62%. Use the drawdown chart below to compare losses from any high point for NBIG and ASTX.
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Drawdown Indicators
| NBIG | ASTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.83% | -84.62% | +8.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -84.62% | — |
Current DrawdownCurrent decline from peak | -50.93% | -84.62% | +33.69% |
Average DrawdownAverage peak-to-trough decline | -40.44% | -47.33% | +6.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 52.44% | — |
Volatility
NBIG vs. ASTX - Volatility Comparison
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Volatility by Period
| NBIG | ASTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 73.52% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 163.21% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 202.64% | 215.94% | -13.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 202.64% | 215.62% | -12.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 202.64% | 215.62% | -12.98% |
NBIG vs. ASTX - Expense Ratio Comparison
NBIG has a 0.75% expense ratio, which is lower than ASTX's 1.30% expense ratio.
Dividends
NBIG vs. ASTX - Dividend Comparison
Neither NBIG nor ASTX has paid dividends to shareholders.
Frequently Asked Questions
NBIG and ASTX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
NBIG is cheaper with a 0.75% expense ratio, compared with 1.30% for ASTX.
NBIG and ASTX have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Leverage Shares and Tradr. Their fees differ too: 0.75% for NBIG and 1.30% for ASTX.
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