# GraniteShares 2x Long NBIS Daily ETF (NBIL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nbil for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: GraniteShares · Asset class: Leveraged/Inverse - Strategy: Leveraged · Inception: 2025-10-07 NBIL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Nebius Group N.V. stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of di... ## Key Facts | Metric | Value | |---|---| | Price | $11.13 | | Expense Ratio | 1.50% | | Assets Under Management | $174.3M | | NAV | $11.21 | | Holdings Count | 0 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $6.37 – $68.49 | | Beta | 7.58 | ## Frequently Asked Questions ### What does NBIL invest in? NBIL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Nebius Group N.V. stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. ### What is the expense ratio of NBIL? GraniteShares 2x Long NBIS Daily ETF (NBIL) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations. ### Is NBIL a good long-term hold? NBIL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days. ### How does NBIL's daily reset work? NBIL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets. ### How big is NBIL? GraniteShares 2x Long NBIS Daily ETF (NBIL) manages $174.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NBIL actively managed or an index fund? NBIL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does NBIL pay a dividend? GraniteShares 2x Long NBIS Daily ETF (NBIL) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NBIL pay dividends? GraniteShares 2x Long NBIS Daily ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NBIL's dividend yield? NBIL's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is NBIL's next ex-dividend date? NBIL hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will NBIL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NBIL charge its expense ratio? The expense ratio is deducted in tiny daily slices from NBIL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NBIL cost more than a fund like VOO? NBIL is a leveraged fund (current expense ratio 1.50%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to NBIL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NBIL (1.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nbil - Distribution history: https://www.dividenddata.com/funds/nbil/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nbil/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nbil/expenses - Peer comparison: https://www.dividenddata.com/funds/nbil/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.