NBIL vs. MVLL
NBIL (GraniteShares 2X Long NBIS Daily ETF) and MVLL (GraniteShares 2x Long MRVL Daily ETF) are both Leveraged Equities funds from GraniteShares. NBIL is actively managed, while MVLL is passively managed. Their 0.47 correlation means their historical movements had little consistent relationship. Both charge a 1.50% expense ratio.
Performance
NBIL vs. MVLL - Performance Comparison
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Returns By Period
In the year-to-date period, NBIL achieves a 133.11% return, which is significantly lower than MVLL's 183.32% return.
NBIL
- 1D
- 2.88%
- 1M
- -36.49%
- 6M
- 140.41%
- YTD
- 133.11%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
MVLL
- 1D
- 4.74%
- 1M
- -46.40%
- 6M
- 236.40%
- YTD
- 183.32%
- 1Y
- 195.07%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 97.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $64.72M | $85.12M | $269.82M | |
| $101.88M | $87.37M | $73.33M |
NBIL vs. MVLL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 133.11% | -65.28% |
MVLL GraniteShares 2x Long MRVL Daily ETF | 183.32% | -18.02% |
Correlation
The correlation between NBIL and MVLL is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 7, 2025 | 0.47 |
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Return for Risk
NBIL vs. MVLL — Risk / Return Rank
NBIL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
MVLL
NBIL vs. MVLL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2X Long NBIS Daily ETF (NBIL) and GraniteShares 2x Long MRVL Daily ETF (MVLL). 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 | MVLL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.28 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.94 | — |
| Martin ratioReturn relative to average drawdown | — | 5.10 | — |
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Drawdowns
NBIL vs. MVLL - Drawdown Comparison
The maximum NBIL drawdown since its inception was -78.84%, roughly equal to the maximum MVLL drawdown of -78.87%. Use the drawdown chart below to compare losses from any high point for NBIL and MVLL.
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Drawdown Indicators
| NBIL | MVLL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.84% | -78.87% | +0.03% |
Max Drawdown (1Y)Largest decline over 1 year | — | -78.87% | — |
Current DrawdownCurrent decline from peak | -66.62% | -72.55% | +5.93% |
Average DrawdownAverage peak-to-trough decline | -43.76% | -25.03% | -18.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 30.22% | — |
Volatility
NBIL vs. MVLL - Volatility Comparison
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Volatility by Period
| NBIL | MVLL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 55.64% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 129.12% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 216.76% | 155.64% | +61.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 216.76% | 151.11% | +65.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 216.76% | 151.11% | +65.65% |
NBIL vs. MVLL - Expense Ratio Comparison
Both NBIL and MVLL have an expense ratio of 1.50%.
Dividends
NBIL vs. MVLL - Dividend Comparison
Neither NBIL nor MVLL has paid dividends to shareholders.
Frequently Asked Questions
NBIL and MVLL have a correlation of 0.47, 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 1.50% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NBIL and MVLL have the same expense ratio: 1.50% per year.
NBIL and MVLL have nearly identical dividend yields, around 0.00%.
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