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NBIS vs. QTOP
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

NBIS vs. QTOP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Nebius Group N.V. (NBIS) and iShares Nasdaq Top 30 Stocks ETF (QTOP). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, NBIS achieves a 177.59% return, which is significantly higher than QTOP's 18.39% return.


NBIS

1D
4.55%
1M
5.65%
YTD
177.59%
6M
164.98%
1Y
393.02%
3Y*
5Y*
10Y*

QTOP

1D
0.53%
1M
0.35%
YTD
18.39%
6M
19.40%
1Y
41.42%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

NBIS vs. QTOP - Yearly Performance Comparison


2026 (YTD)20252024
NBIS
Nebius Group N.V.
177.59%202.18%61.42%
QTOP
iShares Nasdaq Top 30 Stocks ETF
18.39%22.19%6.25%

Correlation

The correlation between NBIS and QTOP is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (All Time)
Calculated using the full available price history since Oct 24, 2024

0.46

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Return for Risk

NBIS vs. QTOP — Risk / Return Rank

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

NBIS
NBIS Risk / Return Rank: 9595
Overall Rank
NBIS Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
NBIS Sortino Ratio Rank: 9595
Sortino Ratio Rank
NBIS Omega Ratio Rank: 9191
Omega Ratio Rank
NBIS Calmar Ratio Rank: 9797
Calmar Ratio Rank
NBIS Martin Ratio Rank: 9595
Martin Ratio Rank

QTOP
QTOP Risk / Return Rank: 7272
Overall Rank
QTOP Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
QTOP Sortino Ratio Rank: 7171
Sortino Ratio Rank
QTOP Omega Ratio Rank: 7474
Omega Ratio Rank
QTOP Calmar Ratio Rank: 7171
Calmar Ratio Rank
QTOP Martin Ratio Rank: 6969
Martin Ratio Rank
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.

NBIS vs. QTOP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Nebius Group N.V. (NBIS) and iShares Nasdaq Top 30 Stocks ETF (QTOP). 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.


NBISQTOPDifference
Sharpe ratioReturn per unit of total volatility

+1.36

Sortino ratioReturn per unit of downside risk

+0.98

Omega ratioGain probability vs. loss probability

1.42

1.37

+0.04

Calmar ratioReturn relative to maximum drawdown

8.03

3.09

+4.93

Martin ratioReturn relative to average drawdown

18.34

11.09

+7.25

NBIS vs. QTOP - Sharpe Ratio Comparison

The current NBIS Sharpe Ratio is 3.50, which is higher than the QTOP Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of NBIS and QTOP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

NBIS vs. QTOP - Drawdown Comparison

The maximum NBIS drawdown since its inception was -58.27%, which is greater than QTOP's maximum drawdown of -23.28%. Use the drawdown chart below to compare losses from any high point for NBIS and QTOP.


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Drawdown Indicators


NBISQTOPDifference

Max Drawdown

Largest peak-to-trough decline

-58.27%

-23.28%

-34.99%

Max Drawdown (1Y)

Largest decline over 1 year

-45.47%

-12.88%

-32.59%

Current Drawdown

Current decline from peak

-12.15%

-3.73%

-8.42%

Average Drawdown

Average peak-to-trough decline

-18.94%

-3.82%

-15.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

19.86%

3.59%

+16.27%

Volatility

NBIS vs. QTOP - Volatility Comparison

Nebius Group N.V. (NBIS) has a higher volatility of 30.23% compared to iShares Nasdaq Top 30 Stocks ETF (QTOP) at 7.92%. This indicates that NBIS's price experiences larger fluctuations and is considered to be riskier than QTOP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


NBISQTOPDifference

Volatility (1M)

Calculated over the trailing 1-month period

30.23%

7.92%

+22.31%

Volatility (6M)

Calculated over the trailing 6-month period

71.43%

15.13%

+56.30%

Volatility (1Y)

Calculated over the trailing 1-year period

104.41%

18.65%

+85.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

110.20%

23.12%

+87.08%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

110.20%

23.12%

+87.08%

Dividends

NBIS vs. QTOP - Dividend Comparison

NBIS has not paid dividends to shareholders, while QTOP's dividend yield for the trailing twelve months is around 0.33%.


PositionTTM20252024
NBIS
Nebius Group N.V.
0.00%0.00%0.00%
QTOP
iShares Nasdaq Top 30 Stocks ETF
0.33%0.38%0.11%

Frequently Asked Questions


NBIS and QTOP have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

NBIS has higher volatility (30.23%) compared to QTOP (7.92%). In terms of maximum drawdown, NBIS dropped -58.27% vs QTOP's -23.28%.

NBIS currently has the higher Sharpe Ratio (3.50 vs 2.14), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for NBIS and QTOP

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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