USGG vs. NBIG

Last updated Jun 4, 2026

USGG (Leverage Shares 2X Long USAR Daily ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds from Leverage Shares. USGG is passively managed, while NBIG is actively managed. At a 0.27 correlation, their price movements are largely independent. Both charge a 0.75% expense ratio.

Performance

USGG vs. NBIG - Performance Comparison

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

Returns By Period

USGG

• 1D: -17.96%
• 1M: 7.54%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NBIG

• 1D: -6.73%
• 1M: 83.04%
• YTD: 453.13%
• 6M: 273.38%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

USGG vs. NBIG - Yearly Performance Comparison

	2026 (YTD)
USGG Leverage Shares 2X Long USAR Daily ETF	64.11%
NBIG Leverage Shares 2X Long NBIS Daily ETF	257.46%

Correlation

The correlation between USGG and NBIG is 0.27, 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 Jan 14, 2026	0.27

Return for Risk

USGG vs. NBIG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long USAR Daily ETF (USGG) 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.

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

Sharpe Ratios by Period

	USGG	NBIG	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	1.17	1.21	-0.04

Drawdowns

USGG vs. NBIG - Drawdown Comparison

The maximum USGG drawdown since its inception was -77.74%, roughly equal to the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for USGG and NBIG.

Drawdown Indicators

	USGG	NBIG	Difference
Max Drawdown Largest peak-to-trough decline	-77.74%	-75.83%	-1.91%
Current Drawdown Current decline from peak	-32.40%	-9.57%	-22.83%
Average Drawdown Average peak-to-trough decline	-46.06%	-43.08%	-2.98%

Volatility

Volatility by Period

	USGG	NBIG	Difference
Volatility (1Y) Calculated over the trailing 1-year period	225.33%	201.21%	+24.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	225.33%	201.21%	+24.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	225.33%	201.21%	+24.12%

USGG vs. NBIG - Expense Ratio Comparison

Both USGG and NBIG have an expense ratio of 0.75%.

Dividends

USGG vs. NBIG - Dividend Comparison

Neither USGG nor NBIG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both USGG and NBIG in my portfolio?

USGG and NBIG have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, USGG or NBIG?

Both ETFs have the same 0.75% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, USGG or NBIG?

USGG and NBIG have the same expense ratio: 0.75% per year.

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

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