{"url":"https://etfiq.com/compare/leverage/nbic-vs-nbiz","section":"compare","title":"NBIC vs NBIZ: which held to its multiple? | ETFIQ","description":"NBIC sets out to return +2 times NBIS each day and NBIZ -2 times. Over the month to Sep 30, 2026 they finished \u22124.3 pts and \u22122.4 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NBIC or NBIZ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, NBIC finished 4.3 points from what its multiple implies and NBIZ finished 75.1 points from its own, so NBIC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are NBIC and NBIZ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Nebius, NBIC at +2 times and NBIZ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NBIC or NBIZ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NBIC\u2019s moved at 63% annualized and NBIZ\u2019s at 131%, so NBIZ has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold NBIC or NBIZ for a year?","acceptedAnswer":{"@type":"Answer","text":"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\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, NBIC or NBIZ?","acceptedAnswer":{"@type":"Answer","text":"NBIC charges 0.45% a year and NBIZ charges 1.49%, so NBIC is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"NBIC vs NBIZ","item":"https://etfiq.com/compare/leverage/nbic-vs-nbiz"}]},{"@type":"WebPage","name":"NBIC vs NBIZ: which held to its multiple?","description":"NBIC sets out to return +2 times NBIS each day and NBIZ -2 times. Over the month to Sep 30, 2026 they finished \u22124.3 pts and \u22122.4 pts away.","url":"https://etfiq.com/compare/leverage/nbic-vs-nbiz","dateModified":"2026-09-30","abstract":"Over a month against its own daily promise, NBIC finished 2.2 points short and NBIZ 0.1 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NBIC and NBIZ","description":"NBIC sets out to return +2 times NBIS each day and NBIZ -2 times. Over the month to Sep 30, 2026 they finished \u22124.3 pts and \u22122.4 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nbic-vs-nbiz","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6438,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NBIC vs NBIZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n NBIC vs NBIZ: which held to its multiple?\n\n Over a month against its own daily promise, NBIC finished 2.2 points short and NBIZ 0.1 points over.\n Copy this for sharing \n \n Corgi NBIS 2x Daily ETF and Tradr 2X Short NBIS Daily ETF.\n\n Download as PDF \n\n \u22122.3% NBIC returned, since launch \n \u221281.0% NBIZ returned, 3 months \n \u221245.4 pts NBIC from its stated multiple \n \u221275.1 pts NBIZ from its stated multiple \n\n NBIC 4.3 pts short of its stated multiple \u00b7 1 month to Sep 30, 2026 [","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/nbic-vs-nbiz","a":{"ticker":"NBIC","name":"Corgi NBIS 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: NBIC returned +24.3% where its own daily promise gave +26.6%, 2.2 points short.","url":"https://etfiq.com/funds/nbic","key_facts":[{"label":"What NBIS did","value":"+14.3%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+26.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+24.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$620,521","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"NBIZ","name":"Tradr 2X Short NBIS Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NBIZ returned \u221281.0% where its own daily promise gave \u221281.0%, 0.0 points short.","url":"https://etfiq.com/funds/nbiz","key_facts":[{"label":"What NBIS did","value":"+2.9%","as_of":"2026-09-30","source":null},{"label":"What \u22122 times a day gives","value":"\u221281.0%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221281.0%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"0.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$41m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.49%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 20, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/nbic-vs-nbiz"}