NFLU vs. CBRG

Last updated Jul 12, 2026

NFLU (T-REX 2X Long Netflix Daily Target ETF) and CBRG (Leverage Shares 2X Long CBRS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. NFLU charges 1.05%/yr vs 0.75%/yr for CBRG.

Performance

NFLU vs. CBRG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T-REX 2X Long Netflix Daily Target ETF (NFLU) and Leverage Shares 2X Long CBRS Daily ETF (CBRG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

NFLU

• 1D: -5.47%
• 1M: -18.45%
• 6M: -41.32%
• YTD: -46.73%
• 1Y: -73.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CBRG

• 1D: 16.78%
• 1M: -14.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NFLU vs. CBRG - Yearly Performance Comparison

	2026 (YTD)
NFLU T-REX 2X Long Netflix Daily Target ETF	-27.12%
CBRG Leverage Shares 2X Long CBRS Daily ETF	-53.84%

Correlation

The correlation between NFLU and CBRG is 0.13, 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 Feb 6, 2026	0.13

Return for Risk

NFLU vs. CBRG — Risk / Return Rank

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

NFLU

NFLU Risk / Return Rank: 1
NFLU Sharpe Ratio Rank: 1
NFLU Sortino Ratio Rank: 0
NFLU Omega Ratio Rank: 0
NFLU Calmar Ratio Rank: 0
NFLU Martin Ratio Rank: 1

CBRG

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

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.

NFLU vs. CBRG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Long Netflix Daily Target ETF (NFLU) and Leverage Shares 2X Long CBRS Daily ETF (CBRG). 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.

	NFLU	CBRG	Difference
Sharpe ratio: Return per unit of total volatility	-1.06	—	—
Sortino ratio: Return per unit of downside risk	-2.06	—	—
Omega ratio: Gain probability vs. loss probability	0.75	—	—
Calmar ratio: Return relative to maximum drawdown	-0.97	—	—
Martin ratio: Return relative to average drawdown	-1.53	—	—

Drawdowns

NFLU vs. CBRG - Drawdown Comparison

The maximum NFLU drawdown since its inception was -77.98%, roughly equal to the maximum CBRG drawdown of -74.80%. Use the drawdown chart below to compare losses from any high point for NFLU and CBRG.

Drawdown Indicators

	NFLU	CBRG	Difference
Max Drawdown Largest peak-to-trough decline	-77.98%	-74.80%	-3.18%
Max Drawdown (1Y) Largest decline over 1 year	-75.70%	—	—
Current Drawdown Current decline from peak	-76.75%	-62.13%	-14.62%
Average Drawdown Average peak-to-trough decline	-30.44%	-17.88%	-12.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	47.75%	—	—

Volatility

Volatility by Period

	NFLU	CBRG	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	53.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	69.21%	156.15%	-86.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.41%	156.15%	-86.74%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.41%	156.15%	-86.74%

NFLU vs. CBRG - Expense Ratio Comparison

NFLU has a 1.05% expense ratio, which is higher than CBRG's 0.75% expense ratio.

Dividends

NFLU vs. CBRG - Dividend Comparison

Neither NFLU nor CBRG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both NFLU and CBRG in my portfolio?

NFLU and CBRG have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NFLU or CBRG?

On fees, CBRG 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, NFLU or CBRG?

CBRG is cheaper with a 0.75% expense ratio, compared with 1.05% for NFLU.

Which ETF pays a higher dividend yield, NFLU or CBRG?

NFLU and CBRG have nearly identical dividend yields, around 0.00%.

What is the main difference between NFLU and CBRG?

They also come from different issuers: REX Shares and Leverage Shares. Their fees differ too: 1.05% for NFLU and 0.75% for CBRG.