NBIL vs. NBIG

Last updated Jun 4, 2026

NBIL (GraniteShares 2X Long NBIS Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. Both are actively managed. With a 1.00 correlation, they move nearly in lockstep. NBIL charges 1.50%/yr vs 0.75%/yr for NBIG.

Performance

NBIL vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2X Long NBIS Daily ETF (NBIL) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBIL achieves a 462.18% return, which is significantly lower than NBIG's 487.61% return.

NBIL

• 1D: -7.17%
• 1M: 83.16%
• YTD: 462.18%
• 6M: 280.16%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: 6.23%
• 1M: 96.57%
• YTD: 487.61%
• 6M: 268.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIL vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
NBIL GraniteShares 2X Long NBIS Daily ETF	462.18%	-61.91%
NBIG Leverage Shares 2X Long NBIS Daily ETF	487.61%	-62.34%

Correlation

The correlation between NBIL and NBIG is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 28, 2025	1.00

Return for Risk

NBIL vs. NBIG - 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 NBIS Daily ETF (NBIG). 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

	NBIL	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.30	1.38	-0.08

Drawdowns

NBIL vs. NBIG - Drawdown Comparison

The maximum NBIL drawdown since its inception was -77.87%, roughly equal to the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for NBIL and NBIG.

Drawdown Indicators

	NBIL	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-77.87%	-75.83%	-2.04%
Current Drawdown Current decline from peak	-9.98%	-3.94%	-6.04%
Average Drawdown Average peak-to-trough decline	-44.90%	-42.82%	-2.08%

Volatility

Volatility by Period

	NBIL	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	199.38%	200.64%	-1.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	199.38%	200.64%	-1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	199.38%	200.64%	-1.26%

NBIL vs. NBIG - Expense Ratio Comparison

NBIL has a 1.50% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

NBIL vs. NBIG - Dividend Comparison

Neither NBIL nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NBIL and NBIG in my portfolio?

With a correlation of 1.00, NBIL and NBIG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, NBIL or NBIG?

On fees, NBIG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBIL or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.50% for NBIL.

Which ETF pays a higher dividend yield, NBIL or NBIG?

NBIL and NBIG have nearly identical dividend yields, around 0.00%.

What is the main difference between NBIL and NBIG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for NBIL and 0.75% for NBIG.