QSU vs. NBIG

Last updated Jul 18, 2026

QSU (Defiance Daily Target 2X Long QS ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. QSU charges 1.31%/yr vs 0.75%/yr for NBIG.

Performance

QSU vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long QS ETF (QSU) 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, QSU achieves a -80.79% return, which is significantly lower than NBIG's 129.20% return.

QSU

• 1D: -2.07%
• 1M: -34.38%
• 6M: -80.73%
• YTD: -80.79%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: 7.58%
• 1M: -64.93%
• 6M: 40.44%
• YTD: 129.20%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QSU vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
QSU Defiance Daily Target 2X Long QS ETF	-80.79%	-68.28%
NBIG Leverage Shares 2X Long NBIS Daily ETF	129.20%	-59.80%

Correlation

The correlation between QSU and NBIG is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 27, 2025	0.54

Return for Risk

QSU vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long QS ETF (QSU) 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.

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

Drawdowns

QSU vs. NBIG - Drawdown Comparison

The maximum QSU drawdown since its inception was -94.77%, which is greater than NBIG's maximum drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for QSU and NBIG.

Drawdown Indicators

	QSU	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-94.77%	-75.83%	-18.94%
Current Drawdown Current decline from peak	-94.77%	-66.20%	-28.57%
Average Drawdown Average peak-to-trough decline	-76.34%	-40.93%	-35.41%

Volatility

Volatility by Period

	QSU	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	153.29%	204.34%	-51.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	153.29%	204.34%	-51.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	153.29%	204.34%	-51.05%

QSU vs. NBIG - Expense Ratio Comparison

QSU has a 1.31% expense ratio, which is higher than NBIG's 0.75% expense ratio.

Dividends

QSU vs. NBIG - Dividend Comparison

Neither QSU nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both QSU and NBIG in my portfolio?

QSU and NBIG have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QSU 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, QSU or NBIG?

NBIG is cheaper with a 0.75% expense ratio, compared with 1.31% for QSU.

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

QSU and NBIG have nearly identical dividend yields, around 0.00%.

What is the main difference between QSU and NBIG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for QSU and 0.75% for NBIG.