Which came closer to its stated multiple, NBIC or NEBX?

Over the window to Sep 11, 2026, NBIC finished 3.2 points from what its multiple implies and NEBX finished 35.8 points from its own, so NBIC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are NBIC and NEBX levered on the same thing?

Yes. Both are levered on NBIS, NBIC at +2 times and NEBX at +2 times the daily move.

Which one decays faster, NBIC or NEBX?

Decay follows how much the underlying moves about. Over this window NBIC’s moved at 77% annualized and NEBX’s at 140%, so NEBX has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold NBIC or NEBX for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

NBIC vs NEBX: which held to its multiple?

Over the days both have traded, NBIC finished 3.2 points from its stated multiple and NEBX 3.2.

Corgi NBIS 2x Daily ETF and Tradr 2X Long NBIS Daily ETF, side by side, leveraged ETFs on ETFIQ.

−9.4%NBIC returned, 3 months

−42.5%NEBX returned, 3 months

−40.7 ptsNBIC from its stated multiple

−35.8 ptsNEBX from its stated multiple

NBIC3.2 pts short of its label · 1 month to Sep 11, 2026

NEBX35.8 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

NBIC and NEBX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	NBIC	NEBX	NBIC	NEBX	NBIC	NEBX
1 month	−29.9%	−30.0%	−26.7%	−26.7%	−3.2 pts	−3.3 pts
3 months	not published	−42.5%	not published	−6.7%	not published	−35.8 pts
6 months	not published	+83.1%	not published	+197.6%	not published	−114.5 pts
1 year	not published	+74.3%	not published	not meaningful	not published	not meaningful
Since launch	−9.4%	+50.8%	+31.4%	not meaningful	−40.7 pts	not meaningful

Open the live comparison on ETFIQ

NBIC and NEBX on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	NBIC Corgi NBIS 2x Daily ETF Aims to return twice the daily move of NBIS	NEBX Tradr 2X Long NBIS Daily ETF Aims to return twice the daily move of NBIS
Issuer	Corgi	Tradr
Sets out to return	+2x	+2x
On	NBIS	NBIS
Segment	company	company
Fund returned, 3 months	−29.9%	−42.5%
Underlying returned, 3 months	−13.4%	−3.4%
What the stated multiple implies, 3 months	−26.7%	−6.7%
Difference from stated, 3 months	−3.2 pts	−35.8 pts
Fund returned, 1 year or since launch	−9.4%	+74.3%
Difference from stated, over that window	−40.7 pts	not available
Underlying volatility	77%	140%
Difference over the days both have traded	−3.2 pts	−3.3 pts
Expense ratio	not published	1.30%
Launched	Jul 14, 2026	Sep 9, 2025

NBIC in plain words

One month to Sep 11, 2026: NBIC returned −29.9% where its own daily promise gave −28.7%, 1.2 points short. Read the multiple against the whole window instead and +2 times NBIS's −13.4% implies −26.7%, which makes NBIC look 3.2 points short. 2.0 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. NBIC aims to return +2 times NBIS's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. NBIS moved at 77% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

NEBX in plain words

Three months to Sep 11, 2026: NEBX returned −42.5% where its own daily promise gave −39.5%, 3.0 points short. Read the multiple against the whole window instead and +2 times NBIS's −3.4% implies −6.7%, which makes NEBX look 35.8 points short. 32.8 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. NEBX aims to return +2 times NBIS's move each day, then resets. NBIS moved at 140% annualized over that window.

Questions people ask

Which came closer to its stated multiple, NBIC or NEBX?: Over the window to Sep 11, 2026, NBIC finished 3.2 points from what its multiple implies and NEBX finished 35.8 points from its own, so NBIC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are NBIC and NEBX levered on the same thing?: Yes. Both are levered on NBIS, NBIC at +2 times and NEBX at +2 times the daily move.
Which one decays faster, NBIC or NEBX?: Decay follows how much the underlying moves about. Over this window NBIC’s moved at 77% annualized and NEBX’s at 140%, so NEBX has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold NBIC or NEBX for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

NBIC against NEBX, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, NBIC against NEBX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/NBIC-NEBX Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources