NEBX vs. BEX

Last updated Aug 1, 2026

NEBX (Tradr 2X Long NBIS Daily ETF) and BEX (Tradr 2X Long BE Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. Their 0.58 correlation means they have sometimes moved together and sometimes differently. Both charge a 1.30% expense ratio.

Performance

NEBX vs. BEX - Performance Comparison

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

Returns By Period

NEBX

• 1D: 1.88%
• 1M: -36.57%
• 6M: 136.60%
• YTD: 130.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

BEX

• 1D: -0.74%
• 1M: -51.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BEX Tradr 2X Long BE Daily ETF	$83.57M	$80.37M	$68.34M
NEBX Tradr 2X Long NBIS Daily ETF	$86.98M	$74.66M	$85.72M

NEBX vs. BEX - Yearly Performance Comparison

	2026 (YTD)
NEBX Tradr 2X Long NBIS Daily ETF	-44.69%
BEX Tradr 2X Long BE Daily ETF	-69.85%

Correlation

The correlation between NEBX and BEX is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 26, 2026	0.58

Return for Risk

NEBX vs. BEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long NBIS Daily ETF (NEBX) and Tradr 2X Long BE Daily ETF (BEX). 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.

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

Drawdowns

NEBX vs. BEX - Drawdown Comparison

The maximum NEBX drawdown since its inception was -78.64%, roughly equal to the maximum BEX drawdown of -82.16%. Use the drawdown chart below to compare losses from any high point for NEBX and BEX.

Drawdown Indicators

	NEBX	BEX	Difference
Max Drawdown Largest peak-to-trough decline	-78.64%	-82.16%	+3.52%
Current Drawdown Current decline from peak	-66.50%	-72.82%	+6.32%
Average Drawdown Average peak-to-trough decline	-40.47%	-41.43%	+0.96%

Volatility

Volatility by Period

	NEBX	BEX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	209.85%	264.69%	-54.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	209.85%	264.69%	-54.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	209.85%	264.69%	-54.84%

NEBX vs. BEX - Expense Ratio Comparison

Both NEBX and BEX have an expense ratio of 1.30%.

Dividends

NEBX vs. BEX - Dividend Comparison

Neither NEBX nor BEX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NEBX and BEX in my portfolio?

NEBX and BEX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEBX or BEX?

Both ETFs have the same 1.30% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NEBX or BEX?

NEBX and BEX have the same expense ratio: 1.30% per year.

Which ETF pays a higher dividend yield, NEBX or BEX?

NEBX and BEX have nearly identical dividend yields, around 0.00%.