NBIG vs. NFLU

Last updated Jul 14, 2026

NBIG (Leverage Shares 2X Long NBIS Daily ETF) and NFLU (T-REX 2X Long Netflix Daily Target ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.03, they often move in opposite directions. NBIG charges 0.75%/yr vs 1.05%/yr for NFLU.

Performance

NBIG vs. NFLU - Performance Comparison

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

Returns By Period

In the year-to-date period, NBIG achieves a 232.78% return, which is significantly higher than NFLU's -45.99% return.

NBIG

• 1D: -8.14%
• 1M: -26.86%
• 6M: 108.06%
• YTD: 232.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFLU

• 1D: 1.39%
• 1M: -17.32%
• 6M: -40.55%
• YTD: -45.99%
• 1Y: -72.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIG vs. NFLU - Yearly Performance Comparison

	2026 (YTD)	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	232.78%	-59.80%
NFLU T-REX 2X Long Netflix Daily Target ETF	-45.99%	-29.59%

Correlation

The correlation between NBIG and NFLU is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	-0.03

Return for Risk

NBIG vs. NFLU — Risk / Return Rank

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

NBIG

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

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 0
NFLU Omega Ratio Rank: 0
NFLU Calmar Ratio Rank: 1
NFLU Martin Ratio Rank: 1

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. NFLU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and T-REX 2X Long Netflix Daily Target ETF (NFLU). 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	NFLU	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.06	—
Sortino ratio: Return per unit of downside risk	—	-2.02	—
Omega ratio: Gain probability vs. loss probability	—	0.75	—
Calmar ratio: Return relative to maximum drawdown	—	-0.96	—
Martin ratio: Return relative to average drawdown	—	-1.51	—

Drawdowns

NBIG vs. NFLU - Drawdown Comparison

The maximum NBIG drawdown since its inception was -75.83%, roughly equal to the maximum NFLU drawdown of -77.98%. Use the drawdown chart below to compare losses from any high point for NBIG and NFLU.

Drawdown Indicators

	NBIG	NFLU	Difference
Max Drawdown Largest peak-to-trough decline	-75.83%	-77.98%	+2.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-75.70%	—
Current Drawdown Current decline from peak	-50.93%	-76.42%	+25.49%
Average Drawdown Average peak-to-trough decline	-40.44%	-30.55%	-9.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	47.98%	—

Volatility

Volatility by Period

	NBIG	NFLU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	23.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	53.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	202.64%	69.15%	+133.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	202.64%	69.34%	+133.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	202.64%	69.34%	+133.30%

NBIG vs. NFLU - Expense Ratio Comparison

NBIG has a 0.75% expense ratio, which is lower than NFLU's 1.05% expense ratio.

Dividends

NBIG vs. NFLU - Dividend Comparison

Neither NBIG nor NFLU has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NBIG and NFLU in my portfolio?

NBIG and NFLU have a correlation of -0.03, 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 NFLU?

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.

Which ETF is cheaper, NBIG or NFLU?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.05% for NFLU.

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

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

What is the main difference between NBIG and NFLU?

They also come from different issuers: Leverage Shares and REX Shares. Their fees differ too: 0.75% for NBIG and 1.05% for NFLU.