NBIG vs. FVD
NBIG (Leverage Shares 2X Long NBIS Daily ETF) and FVD (First Trust Value Line Dividend Index Fund) are both exchange-traded funds - NBIG is a Leveraged Equities fund actively managed by Leverage Shares, while FVD is a Mid Cap Value Equities fund tracking the Value Line Dividend Index. NBIG is actively managed, while FVD is passively managed. Their -0.18 correlation means they have often moved in opposite directions in the past. NBIG charges 0.75%/yr vs 0.61%/yr for FVD.
Performance
NBIG vs. FVD - Performance Comparison
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Returns By Period
In the year-to-date period, NBIG achieves a 126.41% return, which is significantly higher than FVD's 10.07% return.
NBIG
- 1D
- 1.96%
- 1M
- -36.58%
- 6M
- 133.65%
- YTD
- 126.41%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FVD
- 1D
- -0.18%
- 1M
- 1.52%
- 6M
- 5.94%
- YTD
- 10.07%
- 1Y
- 14.68%
- 3Y*
- 9.72%
- 5Y*
- 6.75%
- 10Y*
- 8.75%
- ALL TIME*
- 9.74%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $21.15M | $21.63M | $33.04M | |
| $50.87M | $45.72M | $37.32M |
NBIG vs. FVD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIG Leverage Shares 2X Long NBIS Daily ETF | 126.41% | -59.80% |
FVD First Trust Value Line Dividend Index Fund | 10.07% | 0.74% |
Correlation
The correlation between NBIG and FVD is -0.18, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025 | -0.18 |
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Return for Risk
NBIG vs. FVD — Risk / Return Rank
NBIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FVD
NBIG vs. FVD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and First Trust Value Line Dividend Index Fund (FVD). 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 | FVD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.99 | — |
| Martin ratioReturn relative to average drawdown | — | 5.07 | — |
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Drawdowns
NBIG vs. FVD - Drawdown Comparison
The maximum NBIG drawdown since its inception was -78.77%, which is greater than FVD's maximum drawdown of -51.00%. Use the drawdown chart below to compare losses from any high point for NBIG and FVD.
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Drawdown Indicators
| NBIG | FVD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.77% | -51.00% | -27.77% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -11.97% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.25% | — |
Current DrawdownCurrent decline from peak | -66.61% | -1.72% | -64.89% |
Average DrawdownAverage peak-to-trough decline | -42.08% | -5.42% | -36.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.83% | — |
Volatility
NBIG vs. FVD - Volatility Comparison
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Volatility by Period
| NBIG | FVD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.37% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.01% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 218.72% | 10.14% | +208.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 218.72% | 12.84% | +205.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 218.72% | 15.47% | +203.25% |
NBIG vs. FVD - Expense Ratio Comparison
NBIG has a 0.75% expense ratio, which is higher than FVD's 0.61% expense ratio.
Dividends
NBIG vs. FVD - Dividend Comparison
NBIG has not paid dividends to shareholders, while FVD's dividend yield for the trailing twelve months is around 2.23%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVD First Trust Value Line Dividend Index Fund | 2.23% | 2.36% | 2.23% | 2.34% | 2.20% | 1.75% | 2.31% | 2.03% | 2.50% | 2.10% | 2.04% | 2.34% |
NBIG Leverage Shares 2X Long NBIS Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
NBIG and FVD have a correlation of -0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FVD is cheaper at 0.61% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FVD is cheaper with a 0.61% expense ratio, compared with 0.75% for NBIG.
FVD has the higher dividend yield at 2.23%, compared with 0.00% for NBIG.
NBIG is categorized as Leveraged Equities, while FVD is Mid Cap Value Equities. They also come from different issuers: Leverage Shares and First Trust. Their fees differ too: 0.75% for NBIG and 0.61% for FVD.
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