NBIG vs. TYD

Last updated Apr 2, 2026

Compare and contrast key facts about Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD).

NBIG and TYD 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. TYD is a passively managed fund by Direxion that tracks the performance of the NYSE 7-10 Year Treasury Bond Index. It was launched on Apr 16, 2009.

Performance

NBIG vs. TYD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). The values are adjusted to include any dividend payments, if applicable.

NBIG vs. TYD - Yearly Performance Comparison

	2026 (YTD)	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	9.01%	-62.34%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	-3.21%	-3.32%

Returns By Period

In the year-to-date period, NBIG achieves a 9.01% return, which is significantly higher than TYD's -3.21% return.

NBIG

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

TYD

• 1D: -0.14%
• 1M: -6.09%
• YTD: -3.21%
• 6M: -4.30%
• 1Y: -1.57%
• 3Y*: -5.96%
• 5Y*: -11.68%
• 10Y*: -4.46%

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

NBIG vs. TYD - Expense Ratio Comparison

NBIG has a 0.75% expense ratio, which is lower than TYD's 1.09% expense ratio.

TYD

Direxion Daily 7-10 Year Treasury Bull 3X

NBIG

Leverage Shares 2X Long NBIS Daily ETF

Return for Risk

NBIG vs. TYD — Risk / Return Rank

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

TYD

TYD Risk / Return Rank: 10
TYD Sharpe Ratio Rank: 10
TYD Sortino Ratio Rank: 9
TYD Omega Ratio Rank: 9
TYD Calmar Ratio Rank: 11
TYD Martin Ratio Rank: 11

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. TYD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NBIS Daily ETF (NBIG) and Direxion Daily 7-10 Year Treasury Bull 3X (TYD). 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	TYD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.10	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.22	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	0.06	-0.51

Correlation

The correlation between NBIG and TYD is -0.11. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

NBIG vs. TYD - Dividend Comparison

NBIG has not paid dividends to shareholders, while TYD's dividend yield for the trailing twelve months is around 3.13%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
TYD Direxion Daily 7-10 Year Treasury Bull 3X	3.13%	2.97%	3.10%	2.71%	0.55%	0.00%	9.80%	0.92%	1.10%	0.01%	6.84%	1.65%

Drawdowns

NBIG vs. TYD - Drawdown Comparison

The maximum NBIG drawdown since its inception was -75.83%, which is greater than TYD's maximum drawdown of -64.28%. Use the drawdown chart below to compare losses from any high point for NBIG and TYD.

Drawdown Indicators

	NBIG	TYD	Difference
Max Drawdown Largest peak-to-trough decline	-75.83%	-64.28%	-11.55%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-59.84%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.28%	—
Current Drawdown Current decline from peak	-62.63%	-57.93%	-4.70%
Average Drawdown Average peak-to-trough decline	-53.63%	-21.58%	-32.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.21%	—

Volatility

Volatility by Period

	NBIG	TYD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	198.26%	16.19%	+182.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	198.26%	22.95%	+175.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	198.26%	20.47%	+177.79%