NBIZ vs. NVTX

Last updated Jun 6, 2026

NBIZ (Tradr 2X Short NBIS Daily ETF) and NVTX (Tradr 2X Long NVTS Daily ETF) are both exchange-traded funds - NBIZ is a Inverse Equities fund tracking the Nebius Group N.V. (NBIS), while NVTX is a Leveraged Equities fund actively managed by Tradr. NBIZ is passively managed, while NVTX is actively managed. At a correlation of -0.45, they often move in opposite directions. NBIZ charges 1.49%/yr vs 1.30%/yr for NVTX.

Performance

NBIZ vs. NVTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Short NBIS Daily ETF (NBIZ) and Tradr 2X Long NVTS Daily ETF (NVTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NBIZ

• 1D: 24.45%
• 1M: -49.56%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NVTX

• 1D: -36.75%
• 1M: 69.29%
• YTD: 407.23%
• 6M: 174.94%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NBIZ vs. NVTX - Yearly Performance Comparison

	2026 (YTD)
NBIZ Tradr 2X Short NBIS Daily ETF	-95.64%
NVTX Tradr 2X Long NVTS Daily ETF	123.82%

Correlation

The correlation between NBIZ and NVTX is -0.45, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 23, 2026	-0.45

Return for Risk

NBIZ vs. NVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short NBIS Daily ETF (NBIZ) and Tradr 2X Long NVTS Daily ETF (NVTX). 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

	NBIZ	NVTX	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.46	2.50	-2.96

Drawdowns

NBIZ vs. NVTX - Drawdown Comparison

The maximum NBIZ drawdown since its inception was -97.84%, which is greater than NVTX's maximum drawdown of -89.20%. Use the drawdown chart below to compare losses from any high point for NBIZ and NVTX.

Drawdown Indicators

	NBIZ	NVTX	Difference
Max Drawdown Largest peak-to-trough decline	-97.84%	-89.20%	-8.64%
Current Drawdown Current decline from peak	-97.16%	-44.09%	-53.07%
Average Drawdown Average peak-to-trough decline	-69.74%	-60.50%	-9.24%

Volatility

Volatility by Period

	NBIZ	NVTX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	218.90%	269.33%	-50.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	218.90%	269.33%	-50.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	218.90%	269.33%	-50.43%

NBIZ vs. NVTX - Expense Ratio Comparison

NBIZ has a 1.49% expense ratio, which is higher than NVTX's 1.30% expense ratio.

Dividends

NBIZ vs. NVTX - Dividend Comparison

NBIZ has not paid dividends to shareholders, while NVTX's dividend yield for the trailing twelve months is around 3.36%.

Position	TTM	2025
NBIZ Tradr 2X Short NBIS Daily ETF	0.00%	0.00%
NVTX Tradr 2X Long NVTS Daily ETF	3.36%	17.05%

Frequently Asked Questions

Can I hold both NBIZ and NVTX in my portfolio?

NBIZ and NVTX have a correlation of -0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBIZ or NVTX?

On fees, NVTX is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NBIZ or NVTX?

NVTX is cheaper with a 1.30% expense ratio, compared with 1.49% for NBIZ.

Which ETF pays a higher dividend yield, NBIZ or NVTX?

NVTX has the higher dividend yield at 3.36%, compared with 0.00% for NBIZ.

What is the main difference between NBIZ and NVTX?

NBIZ is categorized as Inverse Equities, while NVTX is Leveraged Equities. Their fees differ too: 1.49% for NBIZ and 1.30% for NVTX.