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 -0.08, 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 538.88% return, which is significantly higher than ADBG's -72.70% return.
NBIL
- 1D
- -5.97%
- 1M
- 52.09%
- YTD
- 538.88%
- 6M
- 449.19%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ADBG
- 1D
- 2.95%
- 1M
- -37.44%
- YTD
- -72.70%
- 6M
- -73.10%
- 1Y
- -79.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIL vs. ADBG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 538.88% | -65.28% |
ADBG Leverage Shares 2X Long ADBE Daily ETF | -72.70% | -4.72% |
Correlation
The correlation between NBIL and ADBG is -0.08, 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 7, 2025 | -0.08 |
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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 | — | 0.72 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.98 | — |
| Martin ratioReturn relative to average drawdown | — | -1.68 | — |
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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 -83.90%. 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% | -83.90% | +6.03% |
Max Drawdown (1Y)Largest decline over 1 year | — | -80.96% | — |
Current DrawdownCurrent decline from peak | -8.51% | -83.42% | +74.91% |
Average DrawdownAverage peak-to-trough decline | -42.72% | -43.05% | +0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 47.09% | — |
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 | — | 32.31% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 59.28% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 198.62% | 69.23% | +129.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 198.62% | 68.74% | +129.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 198.62% | 68.74% | +129.88% |
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 -0.08, 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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