Compare with Tradr 2X Short NBIS Daily ETF
Key stats
Details
Home page
Inception date
Jan 21, 2026
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
ISIN
US46152N8193
CUSIP
46152N819
FIGI
BBG01ZQYGWC7
Identifiers
ISIN US46152N8193
NBIZ uses swap agreements and listed call options to make bearish bets on the share price of Nebius Group N.V. (NASDAQ: NBIS). The fund may also invest directly in NBIS. Nebius Group N.V. offers an AI-centric cloud platform that provides full-stack infrastructure, including large-scale GPU clusters, cloud services, and developer tools to support AI builders worldwide. It operates through brands such as Toloka AI, which partners in data for generative AI development, TripleTen, and Avride. The fund seeks to maintain inverse daily leveraged exposure equivalent to 200% of the daily percentage change in NBIS price through daily rebalancing. Returns may deviate from the expected -200% if held for longer than a single day due to factors such as volatility and compounding. The fund expects to invest in US Government securities, money market funds, short-term bond ETFs, and corporate debt as collateral.
Classification
What's in the fund
Exposure type
Cash
Miscellaneous
Bonds, Cash & Other100.00%
Cash67.37%
Miscellaneous32.63%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently asked questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
NBIZ trades at 18.22 USD today, its price has risen 3.94% in the past 24 hours. Track more dynamics on NBIZ price chart.
NBIZ net asset value is 18.27 today — it's fallen 35.59% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
NBIZ assets under management is 19.92 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
NBIZ fund flows account for 35.50 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
NBIZ invests in cash. See more details in our Profile section.
NBIZ expense ratio is 1.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
NBIZ is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, NBIZ doesn't pay dividends to its holders.
NBIZ trades at a premium (0.28%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
NBIZ shares are issued by SR Partners LLC
NBIZ follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jan 21, 2026.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.