NBIL vs. ADBG
NBIL (GraniteShares 2X Long NBIS Daily ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. NBIL charges 1.50%/yr vs 0.75%/yr for ADBG.
Performance
NBIL vs. ADBG - Performance Comparison
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Returns By Period
In the year-to-date period, NBIL achieves a 241.91% return, which is significantly higher than ADBG's -63.31% return.
NBIL
- 1D
- -8.26%
- 1M
- -26.64%
- 6M
- 113.03%
- YTD
- 241.91%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADBG
- 1D
- 6.23%
- 1M
- 25.00%
- 6M
- -57.82%
- YTD
- -63.31%
- 1Y
- -69.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIL vs. ADBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 241.91% | -65.28% |
ADBG Leverage Shares 2X Long ADBE Daily ETF | -63.31% | -4.72% |
Correlation
The correlation between NBIL and ADBG is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | -0.12 |
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Return for Risk
NBIL vs. ADBG — Risk / Return Rank
NBIL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
ADBG
NBIL vs. ADBG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long NBIS Daily ETF (NBIL) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). 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.
| NBIL | ADBG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.80 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.88 | — |
| Martin ratioReturn relative to average drawdown | — | -1.51 | — |
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Drawdowns
NBIL vs. ADBG - Drawdown Comparison
The maximum NBIL drawdown since its inception was -77.87%, smaller than the maximum ADBG drawdown of -84.14%. Use the drawdown chart below to compare losses from any high point for NBIL and ADBG.
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Drawdown Indicators
| NBIL | ADBG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.87% | -84.14% | +6.27% |
Max Drawdown (1Y)Largest decline over 1 year | — | -78.97% | — |
Current DrawdownCurrent decline from peak | -51.04% | -77.72% | +26.68% |
Average DrawdownAverage peak-to-trough decline | -42.36% | -44.55% | +2.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 45.66% | — |
Volatility
NBIL vs. ADBG - Volatility Comparison
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Volatility by Period
| NBIL | ADBG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 28.99% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 61.05% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 201.71% | 70.76% | +130.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 201.71% | 69.07% | +132.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 201.71% | 69.07% | +132.64% |
NBIL vs. ADBG - Expense Ratio Comparison
NBIL has a 1.50% expense ratio, which is higher than ADBG's 0.75% expense ratio.
Dividends
NBIL vs. ADBG - Dividend Comparison
Neither NBIL nor ADBG has paid dividends to shareholders.
Frequently Asked Questions
NBIL and ADBG have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ADBG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ADBG is cheaper with a 0.75% expense ratio, compared with 1.50% for NBIL.
NBIL and ADBG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for NBIL and 0.75% for ADBG.
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