What this ETF is trying to do

The LEVERAGE SHARES 2X LONG NBIS DAILY ETF (NBIG) is a leveraged ETF. This means it uses financial tools to try and double the daily return of its target index. It is designed for short-term trading rather than long-term investing.

What the numbers show

As of October 5, 2026, the share price of NBIG is $17.62.

The data shows a very strong start to the year. The year-to-date (YTD) price return is approximately 173.62%. Because there have been no distributions, the YTD total return is also approximately 173.62%.

Please note that one-year and three-year return data were not supplied.

Income and distribution explanation

This ETF is not designed to provide regular cash payments to investors. The distribution yield is 0%, and there have been no payouts in the last 12 months. Because it does not pay out income, it has an income rating grade of "F."

NAV erosion explanation

NAV erosion happens when the value of an ETF's underlying assets drops over time, even if the market price stays the same. This is a risk for many leveraged funds.

For NBIG, the severe erosion-risk flag is false. However, the erosion score is currently unavailable because there is not enough verified price history to calculate it.

Top Holdings

As of October 7, 2026, the ETF holds one asset:

• First American Treasury Obligs X (FXFXX): 5.98%

Holdings can change over time.

Pros

• High Recent Growth: The YTD price return is very high at approximately 173.62%.

• No Severe Erosion Flag: The fund has not triggered the severe erosion-risk warning.

Cons

• No Income: This fund provides no cash distributions for investors seeking income.

• Limited History: There is no available data for one-year or three-year performance.

• Leverage Risk: As a leveraged ETF, it is designed for daily goals, which can be riskier than standard ETFs.

Beginner takeaway

NBIG is a specialized tool used to bet on the daily movement of an index. While its recent year-to-date growth is very high, it provides no income. New investors should remember that high returns in the short term do not guarantee future results, and leveraged ETFs behave differently than traditional "buy and hold" investments.