NBIG vs. SKRE
NBIG (Leverage Shares 2X Long NBIS Daily ETF) and SKRE (Tuttle Capital Daily 2X Inverse Regional Banks ETF) are both exchange-traded funds - NBIG is a Leveraged Equities fund actively managed by Leverage Shares, while SKRE is a Inverse Equities fund tracking the S&P Regional Banks Select Industry. NBIG is actively managed, while SKRE is passively managed. At a correlation of -0.04, they often move in opposite directions. Both charge a 0.75% expense ratio.
Performance
NBIG vs. SKRE - Performance Comparison
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Returns By Period
In the year-to-date period, NBIG achieves a 113.05% return, which is significantly higher than SKRE's -36.29% return.
NBIG
- 1D
- -27.68%
- 1M
- -63.63%
- 6M
- 42.32%
- YTD
- 113.05%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SKRE
- 1D
- -5.25%
- 1M
- -14.79%
- 6M
- -29.24%
- YTD
- -36.29%
- 1Y
- -46.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIG vs. SKRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIG Leverage Shares 2X Long NBIS Daily ETF | 113.05% | -59.80% |
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | -36.29% | -12.81% |
Correlation
The correlation between NBIG and SKRE is -0.04, 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 | -0.04 |
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Return for Risk
NBIG vs. SKRE — Risk / Return Rank
NBIG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SKRE
NBIG vs. SKRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE). 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 | SKRE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.82 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.90 | — |
| Martin ratioReturn relative to average drawdown | — | -1.61 | — |
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Drawdowns
NBIG vs. SKRE - Drawdown Comparison
The maximum NBIG drawdown since its inception was -75.83%, roughly equal to the maximum SKRE drawdown of -79.33%. Use the drawdown chart below to compare losses from any high point for NBIG and SKRE.
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Drawdown Indicators
| NBIG | SKRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -75.83% | -79.33% | +3.50% |
Max Drawdown (1Y)Largest decline over 1 year | — | -51.44% | — |
Current DrawdownCurrent decline from peak | -68.58% | -79.33% | +10.75% |
Average DrawdownAverage peak-to-trough decline | -40.79% | -48.53% | +7.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 28.81% | — |
Volatility
NBIG vs. SKRE - Volatility Comparison
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Volatility by Period
| NBIG | SKRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 11.56% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 32.58% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 204.75% | 46.09% | +158.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 204.75% | 55.12% | +149.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 204.75% | 55.12% | +149.63% |
NBIG vs. SKRE - Expense Ratio Comparison
Both NBIG and SKRE have an expense ratio of 0.75%.
Dividends
NBIG vs. SKRE - Dividend Comparison
NBIG has not paid dividends to shareholders, while SKRE's dividend yield for the trailing twelve months is around 0.40%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
NBIG Leverage Shares 2X Long NBIS Daily ETF | 0.00% | 0.00% | 0.00% |
SKRE Tuttle Capital Daily 2X Inverse Regional Banks ETF | 0.40% | 0.26% | 3.16% |
Frequently Asked Questions
NBIG and SKRE have a correlation of -0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NBIG and SKRE have the same expense ratio: 0.75% per year.
SKRE has the higher dividend yield at 0.40%, compared with 0.00% for NBIG.
NBIG is categorized as Leveraged Equities, while SKRE is Inverse Equities. They also come from different issuers: Leverage Shares and Tuttle.
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