NBIL vs. PLTG

Last updated Jul 12, 2026

NBIL (GraniteShares 2X Long NBIS Daily ETF) and PLTG (Leverage Shares 2X Long PLTR Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.24 correlation, their price movements are largely independent. NBIL charges 1.50%/yr vs 0.75%/yr for PLTG.

Performance

NBIL vs. PLTG - 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 PLTR Daily ETF (PLTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBIL achieves a 272.68% return, which is significantly higher than PLTG's -59.92% return.

NBIL

• 1D: 3.03%
• 1M: -12.64%
• 6M: 176.66%
• YTD: 272.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PLTG

• 1D: -3.76%
• 1M: -9.96%
• 6M: -59.39%
• YTD: -59.92%
• 1Y: -47.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIL vs. PLTG - Yearly Performance Comparison

	2026 (YTD)	2025
NBIL GraniteShares 2X Long NBIS Daily ETF	272.68%	-65.28%
PLTG Leverage Shares 2X Long PLTR Daily ETF	-59.92%	-11.15%

Correlation

The correlation between NBIL and PLTG is 0.24, 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 7, 2025	0.24

Return for Risk

NBIL vs. PLTG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBIL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PLTG

PLTG Risk / Return Rank: 6
PLTG Sharpe Ratio Rank: 5
PLTG Sortino Ratio Rank: 7
PLTG Omega Ratio Rank: 7
PLTG Calmar Ratio Rank: 4
PLTG Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBIL vs. PLTG - 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 PLTR Daily ETF (PLTG). 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	PLTG	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.47	—
Sortino ratio: Return per unit of downside risk	—	-0.15	—
Omega ratio: Gain probability vs. loss probability	—	0.98	—
Calmar ratio: Return relative to maximum drawdown	—	-0.60	—
Martin ratio: Return relative to average drawdown	—	-1.04	—

Drawdowns

NBIL vs. PLTG - Drawdown Comparison

The maximum NBIL drawdown since its inception was -77.87%, roughly equal to the maximum PLTG drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for NBIL and PLTG.

Drawdown Indicators

	NBIL	PLTG	Difference
Max Drawdown Largest peak-to-trough decline	-77.87%	-80.11%	+2.24%
Max Drawdown (1Y) Largest decline over 1 year	—	-80.11%	—
Current Drawdown Current decline from peak	-46.63%	-72.76%	+26.13%
Average Drawdown Average peak-to-trough decline	-42.31%	-33.69%	-8.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	46.02%	—

Volatility

Volatility by Period

	NBIL	PLTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	32.60%	—
Volatility (6M) Calculated over the trailing 6-month period	—	80.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	201.96%	102.99%	+98.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	201.96%	106.18%	+95.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	201.96%	106.18%	+95.78%

NBIL vs. PLTG - Expense Ratio Comparison

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

Dividends

NBIL vs. PLTG - Dividend Comparison

NBIL has not paid dividends to shareholders, while PLTG's dividend yield for the trailing twelve months is around 45.25%.

Position	TTM	2025
NBIL GraniteShares 2X Long NBIS Daily ETF	0.00%	0.00%
PLTG Leverage Shares 2X Long PLTR Daily ETF	45.25%	18.14%

Frequently Asked Questions

Can I hold both NBIL and PLTG in my portfolio?

NBIL and PLTG have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBIL or PLTG?

On fees, PLTG 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 PLTG?

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

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

PLTG has the higher dividend yield at 45.25%, compared with 0.00% for NBIL.

What is the main difference between NBIL and PLTG?

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