NBIL vs. NVDL
NBIL (GraniteShares 2X Long NBIS Daily ETF) and NVDL (GraniteShares 2x Long NVDA Daily ETF) are both Leveraged Equities funds from GraniteShares. Both are actively managed. At a 0.42 correlation, their price movements are largely independent. NBIL charges 1.50%/yr vs 1.05%/yr for NVDL.
Performance
NBIL vs. NVDL - Performance Comparison
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Returns By Period
In the year-to-date period, NBIL achieves a 462.18% return, which is significantly higher than NVDL's 19.95% return.
NBIL
- 1D
- -7.17%
- 1M
- 83.16%
- YTD
- 462.18%
- 6M
- 280.16%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NVDL
- 1D
- -7.15%
- 1M
- 14.24%
- YTD
- 19.95%
- 6M
- 27.27%
- 1Y
- 84.82%
- 3Y*
- 109.72%
- 5Y*
- —
- 10Y*
- —
NBIL vs. NVDL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 462.18% | -59.19% |
NVDL GraniteShares 2x Long NVDA Daily ETF | 19.95% | -4.18% |
Correlation
The correlation between NBIL and NVDL is 0.42, 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 Oct 8, 2025 | 0.42 |
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Return for Risk
NBIL vs. NVDL — Risk / Return Rank
NBIL
NVDL
NBIL vs. NVDL - 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 NVDA Daily ETF (NVDL). 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.
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Sharpe Ratios by Period
| NBIL | NVDL | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.30 | 1.77 | -0.47 |
Drawdowns
NBIL vs. NVDL - Drawdown Comparison
The maximum NBIL drawdown since its inception was -77.87%, which is greater than NVDL's maximum drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for NBIL and NVDL.
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Drawdown Indicators
| NBIL | NVDL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -77.87% | -67.55% | -10.32% |
Max Drawdown (1Y)Largest decline over 1 year | — | -42.23% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -67.55% | — |
Current DrawdownCurrent decline from peak | -9.98% | -18.19% | +8.21% |
Average DrawdownAverage peak-to-trough decline | -44.90% | -16.96% | -27.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 18.39% | — |
Volatility
NBIL vs. NVDL - Volatility Comparison
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Volatility by Period
| NBIL | NVDL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 24.77% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 50.80% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 199.38% | 68.20% | +131.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 199.38% | 90.43% | +108.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 199.38% | 90.43% | +108.95% |
NBIL vs. NVDL - Expense Ratio Comparison
NBIL has a 1.50% expense ratio, which is higher than NVDL's 1.05% expense ratio.
Dividends
NBIL vs. NVDL - Dividend Comparison
Neither NBIL nor NVDL has paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
NBIL GraniteShares 2X Long NBIS Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% |
NVDL GraniteShares 2x Long NVDA Daily ETF | 0.00% | 0.00% | 0.00% | 11.29% |
Frequently Asked Questions
NBIL and NVDL have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, NVDL is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.
NVDL is cheaper with a 1.05% expense ratio, compared with 1.50% for NBIL.
NBIL and NVDL have nearly identical dividend yields, around 0.00%.
Their fees differ too: 1.50% for NBIL and 1.05% for NVDL.
Find the right allocation for NBIL and NVDL
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