PTIR vs. NBIG

Last updated Aug 4, 2026

PTIR (GraniteShares 2x Long PLTR Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. PTIR is passively managed, while NBIG is actively managed. Their 0.20 correlation means their historical movements had little consistent relationship. PTIR charges 1.04%/yr vs 0.75%/yr for NBIG.

Performance

PTIR vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long PLTR Daily ETF (PTIR) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PTIR achieves a -60.42% return, which is significantly lower than NBIG's 179.36% return.

PTIR

• 1D: 4.65%
• 1M: -7.52%
• 6M: -41.51%
• YTD: -60.42%
• 1Y: -54.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 170.19%

NBIG

• 1D: 23.39%
• 1M: -21.75%
• 6M: 170.93%
• YTD: 179.36%
• 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)
NBIG Leverage Shares 2X Long NBIS Daily ETF	$54.25M	$46.33M	$38.34M
PTIR GraniteShares 2x Long PLTR Daily ETF	$39.00M	$49.18M	$63.74M

PTIR vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
PTIR GraniteShares 2x Long PLTR Daily ETF	-60.42%	-13.47%
NBIG Leverage Shares 2X Long NBIS Daily ETF	179.36%	-59.80%

Correlation

The correlation between PTIR and NBIG is 0.20, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.20

Return for Risk

PTIR vs. NBIG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

PTIR

PTIR Risk / Return Rank: 5
PTIR Sharpe Ratio Rank: 5
PTIR Sortino Ratio Rank: 7
PTIR Omega Ratio Rank: 7
PTIR Calmar Ratio Rank: 4
PTIR Martin Ratio Rank: 4

NBIG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

PTIR vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long PLTR Daily ETF (PTIR) and Leverage Shares 2X Long NBIS Daily ETF (NBIG). 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.

	PTIR	NBIG	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	—	—
Sortino ratio: Return per unit of downside risk	-0.30	—	—
Omega ratio: Gain probability vs. loss probability	0.96	—	—
Calmar ratio: Return relative to maximum drawdown	-0.69	—	—
Martin ratio: Return relative to average drawdown	-1.12	—	—

Drawdowns

PTIR vs. NBIG - Drawdown Comparison

The maximum PTIR drawdown since its inception was -79.40%, roughly equal to the maximum NBIG drawdown of -78.77%. Use the drawdown chart below to compare losses from any high point for PTIR and NBIG.

Drawdown Indicators

	PTIR	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-79.40%	-78.77%	-0.63%
Max Drawdown (1Y) Largest decline over 1 year	-79.40%	—	—
Current Drawdown Current decline from peak	-72.72%	-58.80%	-13.92%
Average Drawdown Average peak-to-trough decline	-31.14%	-42.17%	+11.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	48.78%	—	—

Volatility

Volatility by Period

	PTIR	NBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	81.38%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	104.63%	219.67%	-115.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	127.56%	219.67%	-92.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	127.56%	219.67%	-92.11%

PTIR vs. NBIG - Expense Ratio Comparison

PTIR has a 1.04% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

PTIR vs. NBIG - Dividend Comparison

PTIR's dividend yield for the trailing twelve months is around 14.68%, while NBIG has not paid dividends to shareholders.

Position	TTM	2025
NBIG Leverage Shares 2X Long NBIS Daily ETF	0.00%	0.00%
PTIR GraniteShares 2x Long PLTR Daily ETF	14.68%	5.81%

Frequently Asked Questions

Can I hold both PTIR and NBIG in my portfolio?

PTIR and NBIG have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PTIR or NBIG?

On fees, NBIG 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, PTIR or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.04% for PTIR.

Which ETF pays a higher dividend yield, PTIR or NBIG?

PTIR has the higher dividend yield at 14.68%, compared with 0.00% for NBIG.

What is the main difference between PTIR and NBIG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.04% for PTIR and 0.75% for NBIG.