ZETX vs. NBIG
ZETX (Defiance Daily Target 2X Long ZETA ETF) and NBIG (Leverage Shares 2X Long NBIS Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. ZETX charges 1.31%/yr vs 0.75%/yr for NBIG.
Performance
ZETX vs. NBIG - Performance Comparison
Loading charts...
Returns By Period
ZETX
- 1D
- -1.47%
- 1M
- 20.66%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NBIG
- 1D
- 37.07%
- 1M
- -51.32%
- 6M
- 143.81%
- YTD
- 230.14%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
ZETX vs. NBIG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ZETX Defiance Daily Target 2X Long ZETA ETF | 14.36% |
NBIG Leverage Shares 2X Long NBIS Daily ETF | 205.90% |
Correlation
The correlation between ZETX and NBIG is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026 | 0.09 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZETX vs. NBIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long ZETA ETF (ZETX) 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.
Loading charts...
Drawdowns
ZETX vs. NBIG - Drawdown Comparison
The maximum ZETX drawdown since its inception was -52.42%, smaller than the maximum NBIG drawdown of -75.83%. Use the drawdown chart below to compare losses from any high point for ZETX and NBIG.
Loading charts...
Drawdown Indicators
| ZETX | NBIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.42% | -75.83% | +23.41% |
Current DrawdownCurrent decline from peak | -35.13% | -51.32% | +16.19% |
Average DrawdownAverage peak-to-trough decline | -23.67% | -41.12% | +17.45% |
Volatility
ZETX vs. NBIG - Volatility Comparison
Loading charts...
Volatility by Period
| ZETX | NBIG | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 136.94% | 207.69% | -70.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 136.94% | 207.69% | -70.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 136.94% | 207.69% | -70.75% |
ZETX vs. NBIG - Expense Ratio Comparison
ZETX has a 1.31% expense ratio, which is higher than NBIG's 0.75% expense ratio.
Dividends
ZETX vs. NBIG - Dividend Comparison
Neither ZETX nor NBIG has paid dividends to shareholders.
Frequently Asked Questions
ZETX and NBIG have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
NBIG is cheaper with a 0.75% expense ratio, compared with 1.31% for ZETX.
ZETX and NBIG have nearly identical dividend yields, around 0.00%.
They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.31% for ZETX and 0.75% for NBIG.
Find the right allocation for ZETX and NBIG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer