NEBX vs. GEVX

Last updated Jul 14, 2026

NEBX (Tradr 2X Long NBIS Daily ETF) and GEVX (Tradr 2X Long GEV Daily ETF) are both Leveraged Equities funds from Tradr. Both are actively managed. At a 0.43 correlation, their price movements are largely independent. Both charge a 1.30% expense ratio.

Performance

NEBX vs. GEVX - 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 GEV Daily ETF (GEVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NEBX achieves a 236.28% return, which is significantly higher than GEVX's 115.00% return.

NEBX

• 1D: -8.75%
• 1M: -27.35%
• 6M: 108.69%
• YTD: 236.28%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

GEVX

• 1D: -9.31%
• 1M: 17.64%
• 6M: 124.87%
• YTD: 115.00%
• 1Y: 166.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEBX vs. GEVX - Yearly Performance Comparison

	2026 (YTD)	2025
NEBX Tradr 2X Long NBIS Daily ETF	236.28%	-37.72%
GEVX Tradr 2X Long GEV Daily ETF	115.00%	5.02%

Correlation

The correlation between NEBX and GEVX is 0.43, 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 Sep 9, 2025	0.43

Return for Risk

NEBX vs. GEVX — Risk / Return Rank

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

NEBX

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

GEVX

GEVX Risk / Return Rank: 67
GEVX Sharpe Ratio Rank: 61
GEVX Sortino Ratio Rank: 65
GEVX Omega Ratio Rank: 60
GEVX Calmar Ratio Rank: 85
GEVX Martin Ratio Rank: 64

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.

NEBX vs. GEVX - 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 GEV Daily ETF (GEVX). 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.

	NEBX	GEVX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.61	—
Sortino ratio: Return per unit of downside risk	—	2.39	—
Omega ratio: Gain probability vs. loss probability	—	1.29	—
Calmar ratio: Return relative to maximum drawdown	—	3.72	—
Martin ratio: Return relative to average drawdown	—	9.04	—

Drawdowns

NEBX vs. GEVX - Drawdown Comparison

The maximum NEBX drawdown since its inception was -77.97%, which is greater than GEVX's maximum drawdown of -45.03%. Use the drawdown chart below to compare losses from any high point for NEBX and GEVX.

Drawdown Indicators

	NEBX	GEVX	Difference
Max Drawdown Largest peak-to-trough decline	-77.97%	-45.03%	-32.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-45.03%	—
Current Drawdown Current decline from peak	-51.15%	-24.26%	-26.89%
Average Drawdown Average peak-to-trough decline	-38.99%	-15.10%	-23.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	18.51%	—

Volatility

Volatility by Period

	NEBX	GEVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	40.65%	—
Volatility (6M) Calculated over the trailing 6-month period	—	71.78%	—
Volatility (1Y) Calculated over the trailing 1-year period	195.42%	104.24%	+91.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	195.42%	104.04%	+91.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	195.42%	104.04%	+91.38%

NEBX vs. GEVX - Expense Ratio Comparison

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

Dividends

NEBX vs. GEVX - Dividend Comparison

Neither NEBX nor GEVX has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NEBX and GEVX in my portfolio?

NEBX and GEVX 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.

Which ETF is better, NEBX or GEVX?

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 GEVX?

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

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

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