NIOG vs. BIDG
NIOG (Leverage Shares 2X Long NIO Daily ETF) and BIDG (Leverage Shares 2X Long BIDU Daily ETF) are both Leveraged Equities funds from Leverage Shares - NIOG tracks the NIO Inc. (NIO) while BIDG tracks the Baidu, Inc. (BIDU). Both are passively managed. At a 0.46 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.
Performance
NIOG vs. BIDG - Performance Comparison
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Returns By Period
In the year-to-date period, NIOG achieves a -25.55% return, which is significantly higher than BIDG's -37.73% return.
NIOG
- 1D
- 6.38%
- 1M
- -12.25%
- 6M
- -17.37%
- YTD
- -25.55%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BIDG
- 1D
- -6.54%
- 1M
- -6.11%
- 6M
- -52.90%
- YTD
- -37.73%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NIOG vs. BIDG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NIOG Leverage Shares 2X Long NIO Daily ETF | -25.55% | 3.25% |
BIDG Leverage Shares 2X Long BIDU Daily ETF | -37.73% | 17.04% |
Correlation
The correlation between NIOG and BIDG is 0.46, 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 Dec 18, 2025 | 0.46 |
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Return for Risk
NIOG vs. BIDG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long NIO Daily ETF (NIOG) and Leverage Shares 2X Long BIDU Daily ETF (BIDG). 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.
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Drawdowns
NIOG vs. BIDG - Drawdown Comparison
The maximum NIOG drawdown since its inception was -56.27%, smaller than the maximum BIDG drawdown of -64.84%. Use the drawdown chart below to compare losses from any high point for NIOG and BIDG.
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Drawdown Indicators
| NIOG | BIDG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.27% | -64.84% | +8.57% |
Current DrawdownCurrent decline from peak | -53.35% | -58.56% | +5.21% |
Average DrawdownAverage peak-to-trough decline | -25.17% | -36.60% | +11.43% |
Volatility
NIOG vs. BIDG - Volatility Comparison
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Volatility by Period
| NIOG | BIDG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 113.32% | 102.99% | +10.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 113.32% | 102.99% | +10.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 113.32% | 102.99% | +10.33% |
NIOG vs. BIDG - Expense Ratio Comparison
Both NIOG and BIDG have an expense ratio of 0.75%.
Dividends
NIOG vs. BIDG - Dividend Comparison
Neither NIOG nor BIDG has paid dividends to shareholders.
Frequently Asked Questions
NIOG and BIDG have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
NIOG and BIDG have the same expense ratio: 0.75% per year.
NIOG and BIDG have nearly identical dividend yields, around 0.00%.
NIOG tracks NIO Inc. (NIO), while BIDG tracks Baidu, Inc. (BIDU).
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