NBIC vs NBIG: which held to its multiple?
Over the days both have traded, NBIC finished 4.3 points from its stated multiple and NBIG 3.7. Corgi NBIS 2x Daily ETF and Leverage Shares 2X Long NBIS Daily ETF.
NBIC returned +24.3% while 2 times NBIS's move would have been +28.7%
NBIG returned −30.4% while 2 times NBIS's move would have been +5.8%
Performance, window by window
| Total return | Multiple would give | Difference | ||||
|---|---|---|---|---|---|---|
| Window | NBIC | NBIG | NBIC | NBIG | NBIC | NBIG |
| 1 month | +24.3% | +25.0% | +28.7% | +28.7% | −4.3 pts | −3.7 pts |
| 3 months | not published | −30.4% | not published | +5.8% | not published | −36.2 pts |
| 6 months | not published | +160.0% | not published | not meaningful | not published | not meaningful |
| Since launch NBIC Jul 2026 · NBIG Oct 2025 | −2.3% | +6.7% | +43.1% | +176.1% | −45.4 pts | −169.4 pts |
NBIC and NBIG over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →
On the same fields
NBIC and NBIG on the same fields, as of Sep 30, 2026. Source: ETFIQ.
NBIC in plain words
One month to Sep 30, 2026: NBIC returned +24.3% where its own daily promise gave +26.6%, 2.2 points short. Read the multiple against the whole window instead and 2 times NBIS's 14.3% implies +28.7%, which makes NBIC look 4.3 points short. 2.1 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 63% 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.
NBIG in plain words
Three months to Sep 30, 2026: NBIG returned −30.4% where its own daily promise gave −27.1%, 3.3 points short. Read the multiple against the whole window instead and 2 times NBIS's 2.9% implies +5.8%, which makes NBIG look 36.2 points short. 32.9 of that is daily compounding, which happens to any 2 times fund over the same path, and the rest is the fund. NBIG aims to return +2 times NBIS's move each day, then resets. NBIS moved at 131% annualized over that window.
Questions people ask
- Which came closer to its stated multiple, NBIC or NBIG?
- Over the window to Sep 30, 2026, NBIC finished 4.3 points from what its multiple implies and NBIG finished 36.2 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 NBIG levered on the same thing?
- Yes. Both are levered on Nebius, NBIC at +2 times and NBIG at +2 times the daily move.
- Which one decays faster, NBIC or NBIG?
- Decay follows how much the underlying moves about. Over this window NBIC’s moved at 63% annualized and NBIG’s at 131%, so NBIG has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold NBIC or NBIG 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.
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.
ETFIQ, NBIC against NBIG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nbic-vs-nbig
Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.
Cite this page. ETFIQ, NBIC against NBIG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nbic-vs-nbig Free to use with attribution; the underlying files are at Open data.
Other forms
- Plain
- ETFIQ, NBIC against NBIG, data as of Sep 30, 2026. https://etfiq.com/compare/leverage/nbic-vs-nbig
- APA
- ETFIQ. (Sep 30, 2026). NBIC against NBIG. Retrieved from https://etfiq.com/compare/leverage/nbic-vs-nbig
- Markdown
- [NBIC against NBIG (ETFIQ, Sep 30, 2026)](https://etfiq.com/compare/leverage/nbic-vs-nbig)