NBIL vs. NEMG
NBIL (GraniteShares 2X Long NBIS Daily ETF) and NEMG (Leverage Shares 2x Long NEM Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.18 correlation, their price movements are largely independent. NBIL charges 1.50%/yr vs 0.75%/yr for NEMG.
Performance
NBIL vs. NEMG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, NBIL achieves a 462.18% return, which is significantly higher than NEMG's -0.97% return.
NBIL
- 1D
- -7.17%
- 1M
- 83.16%
- YTD
- 462.18%
- 6M
- 280.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEMG
- 1D
- -3.61%
- 1M
- -3.20%
- YTD
- -0.97%
- 6M
- 20.15%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NBIL vs. NEMG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 462.18% | -14.36% |
NEMG Leverage Shares 2x Long NEM Daily ETF | -0.97% | 27.79% |
Correlation
The correlation between NBIL and NEMG is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 18, 2025 | 0.18 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
NBIL vs. NEMG - 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 NEM Daily ETF (NEMG). 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.
Loading charts...
Sharpe Ratios by Period
| NBIL | NEMG | Difference | |
|---|---|---|---|
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 0.55 | +0.75 |
Drawdowns
NBIL vs. NEMG - Drawdown Comparison
The maximum NBIL drawdown since its inception was -77.87%, which is greater than NEMG's maximum drawdown of -51.18%. Use the drawdown chart below to compare losses from any high point for NBIL and NEMG.
Loading charts...
Drawdown Indicators
| NBIL | NEMG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.87% | -51.18% | -26.69% |
Current DrawdownCurrent decline from peak | -9.98% | -42.05% | +32.07% |
Average DrawdownAverage peak-to-trough decline | -44.90% | -20.71% | -24.19% |
Volatility
NBIL vs. NEMG - Volatility Comparison
Loading charts...
Volatility by Period
| NBIL | NEMG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 199.38% | 100.36% | +99.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 199.38% | 100.36% | +99.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 199.38% | 100.36% | +99.02% |
NBIL vs. NEMG - Expense Ratio Comparison
NBIL has a 1.50% expense ratio, which is higher than NEMG's 0.75% expense ratio.
Dividends
NBIL vs. NEMG - Dividend Comparison
Neither NBIL nor NEMG has paid dividends to shareholders.
Frequently Asked Questions
NBIL and NEMG have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NEMG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NEMG is cheaper with a 0.75% expense ratio, compared with 1.50% for NBIL.
NBIL and NEMG 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 NEMG.
Find the right allocation for NBIL and NEMG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer