NBIG vs. OOQB

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB).

NBIG and OOQB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NBIG is an actively managed fund by Leverage Shares. It was launched on Oct 27, 2025. OOQB is an actively managed fund by Volatility Shares. It was launched on Feb 18, 2025.

Performance

NBIG vs. OOQB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). The values are adjusted to include any dividend payments, if applicable.

NBIG vs. OOQB - Yearly Performance Comparison

	2026 (YTD)	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	9.01%	-62.34%
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	-27.42%	-26.98%

Returns By Period

In the year-to-date period, NBIG achieves a 9.01% return, which is significantly higher than OOQB's -27.42% return.

NBIG

• 1D: -3.97%
• 1M: 10.38%
• YTD: 9.01%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

OOQB

• 1D: 1.78%
• 1M: -6.25%
• YTD: -27.42%
• 6M: -46.56%
• 1Y: -16.33%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIG vs. OOQB - Expense Ratio Comparison

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

NBIG

Leverage Shares 2X Long NBIS Daily ETF

OOQB

Volatility Shares One+One Nasdaq-100® and Bitcoin ETF

Return for Risk

NBIG vs. OOQB — Risk / Return Rank

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

OOQB

OOQB Risk / Return Rank: 8
OOQB Sharpe Ratio Rank: 7
OOQB Sortino Ratio Rank: 9
OOQB Omega Ratio Rank: 9
OOQB Calmar Ratio Rank: 8
OOQB Martin Ratio Rank: 8

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. OOQB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Volatility Shares One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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	OOQB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.28	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	-0.55	+0.11

Correlation

The correlation between NBIG and OOQB is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

NBIG vs. OOQB - Dividend Comparison

NBIG has not paid dividends to shareholders, while OOQB's dividend yield for the trailing twelve months is around 13.65%.

	TTM	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	0.00%	0.00%
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	13.65%	9.53%

Drawdowns

NBIG vs. OOQB - Drawdown Comparison

The maximum NBIG drawdown since its inception was -75.83%, which is greater than OOQB's maximum drawdown of -53.44%. Use the drawdown chart below to compare losses from any high point for NBIG and OOQB.

Drawdown Indicators

	NBIG	OOQB	Difference
Max Drawdown Largest peak-to-trough decline	-75.83%	-53.44%	-22.39%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.44%	—
Current Drawdown Current decline from peak	-62.63%	-49.90%	-12.73%
Average Drawdown Average peak-to-trough decline	-53.63%	-20.05%	-33.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	24.19%	—

Volatility

Volatility by Period

	NBIG	OOQB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	18.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	46.10%	—
Volatility (1Y) Calculated over the trailing 1-year period	198.26%	59.59%	+138.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	198.26%	61.88%	+136.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	198.26%	61.88%	+136.38%