STRL vs. NBIG

Last updated Jun 13, 2026

STRL (Sterling Infrastructure, Inc.) is a stock, while NBIG (Leverage Shares 2X Long NBIS Daily ETF) is Leveraged Equities fund actively managed by Leverage Shares. At a 0.34 correlation, their price movements are largely independent.

Performance

STRL vs. NBIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Sterling Infrastructure, Inc. (STRL) 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, STRL achieves a 180.50% return, which is significantly lower than NBIG's 354.99% return.

STRL

• 1D: 2.44%
• 1M: -3.38%
• YTD: 180.50%
• 6M: 172.57%
• 1Y: 323.17%
• 3Y*: 152.83%
• 5Y*: 104.12%
• 10Y*: 67.37%

NBIG

• 1D: 8.60%
• 1M: 0.34%
• YTD: 354.99%
• 6M: 298.10%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

STRL vs. NBIG - Yearly Performance Comparison

	2026 (YTD)	2025
STRL Sterling Infrastructure, Inc.	180.50%	-19.22%
NBIG Leverage Shares 2X Long NBIS Daily ETF	354.99%	-59.80%

Correlation

The correlation between STRL and NBIG is 0.34, 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 Oct 27, 2025	0.34

Return for Risk

STRL vs. NBIG — Risk / Return Rank

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

STRL

STRL Risk / Return Rank: 97
STRL Sharpe Ratio Rank: 98
STRL Sortino Ratio Rank: 96
STRL Omega Ratio Rank: 95
STRL Calmar Ratio Rank: 98
STRL Martin Ratio Rank: 98

NBIG

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.

STRL vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Sterling Infrastructure, Inc. (STRL) 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.

	STRL	NBIG	Difference
Sharpe ratio: Return per unit of total volatility	3.92	—	—
Sortino ratio: Return per unit of downside risk	4.04	—	—
Omega ratio: Gain probability vs. loss probability	1.54	—	—
Calmar ratio: Return relative to maximum drawdown	10.41	—	—
Martin ratio: Return relative to average drawdown	28.52	—	—

Drawdowns

STRL vs. NBIG - Drawdown Comparison

The maximum STRL drawdown since its inception was -92.51%, which is greater than NBIG's maximum drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for STRL and NBIG.

Drawdown Indicators

	STRL	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-92.51%	-75.83%	-16.68%
Max Drawdown (1Y) Largest decline over 1 year	-31.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-47.67%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-47.67%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-59.60%	—	—
Current Drawdown Current decline from peak	-13.56%	-25.62%	+12.06%
Average Drawdown Average peak-to-trough decline	-46.29%	-42.11%	-4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.30%	—	—

Volatility

Volatility by Period

	STRL	NBIG	Difference
Volatility (1M) Calculated over the trailing 1-month period	27.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	65.26%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	82.41%	200.15%	-117.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	57.29%	200.15%	-142.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.58%	200.15%	-146.57%

Dividends

STRL vs. NBIG - Dividend Comparison

Neither STRL nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both STRL and NBIG in my portfolio?

STRL and NBIG have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.