# Tradr 2X Long NBIS Daily ETF (NEBX): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nebx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Tradr · Asset class: Equity - Strategy: Leveraged · Inception: 2025-09-08 NEBX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Nebius Group (NASDAQ: NBIS), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror NBISs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold NBIS stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual stock... ## Key Facts | Metric | Value | |---|---| | Price | $11.41 | | Expense Ratio | 1.30% | | Assets Under Management | $135.9M | | NAV | $11.45 | | Holdings Count | 3 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $6.62 – $70.77 | | Beta | 7.63 | ## Frequently Asked Questions ### What does NEBX invest in? NEBX is a short-term tactical tool that aims to deliver twice (200%) the daily performance of Nebius Group (NASDAQ: NBIS), before fees and expenses. The fund primarily enters into total return swap agreements with major global financial institutions that mirror NBISs daily returns. In case swaps are unavailable or less efficient, the fund may use FLEX call options or directly hold NBIS stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Purchasers should conduct their own individual 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 the underlying shares are trending, and holders are on the positive corresponding side of that trade. The remaining cash is invested in collaterals such as US Treasuries, money market funds, or short-term corporate debt. ### What is the expense ratio of NEBX? Tradr 2X Long NBIS Daily ETF (NEBX) charges an expense ratio of 1.30%. This is the annual fee deducted from fund assets to cover management and operations. ### Is NEBX a good long-term hold? NEBX 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 NEBX's daily reset work? NEBX 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 NEBX? Tradr 2X Long NBIS Daily ETF (NEBX) manages $135.9M 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 NEBX actively managed or an index fund? NEBX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### Does NEBX pay a dividend? Tradr 2X Long NBIS Daily ETF (NEBX) 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 NEBX pay dividends? Tradr 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 NEBX's dividend yield? NEBX's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is NEBX's next ex-dividend date? NEBX 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 NEBX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.30% 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 NEBX charge its expense ratio? The expense ratio is deducted in tiny daily slices from NEBX'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 NEBX cost more than a fund like VOO? NEBX is a leveraged fund (current expense ratio 1.30%). 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 NEBX? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NEBX (1.30%) 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/nebx - Distribution history: https://www.dividenddata.com/funds/nebx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nebx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nebx/expenses - Peer comparison: https://www.dividenddata.com/funds/nebx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.