GraniteShares 2x Short NVDA Daily ETF (NVD)
| Assets | $131.47M |
| Expense Ratio | 1.50% |
| PE Ratio | n/a |
| Shares Out | 14.61M |
| Dividend (ttm) | $2.61 |
| Dividend Yield | 35.68% |
| Ex-Dividend Date | Dec 27, 2024 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 37,877,151 |
| Open | 7.99 |
| Previous Close | 8.12 |
| Day's Range | 7.14 - 8.08 |
| 52-Week Low | 7.17 |
| 52-Week High | 51.62 |
| Beta | -3.37 |
| Holdings | 11 |
| Inception Date | Aug 21, 2023 |
About NVD
Fund Home PageThe GraniteShares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 2x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA Corporation stock. NVD was launched on Aug 21, 2023 and is issued by GraniteShares.
Top 10 Holdings
225.91% of assets| Name | Symbol | Weight |
|---|---|---|
| Recv Short 2X Nvda Gs1 | n/a | 120.28% |
| Cash & Cash Equivalents | n/a | 66.75% |
| Cash & Cash Equivalents | n/a | 59.13% |
| Nvda Equity Swap | n/a | 50.19% |
| Graniteshares Short Nvda Swap | n/a | 20.36% |
| Cash & Cash Equivalents | n/a | 10.96% |
| Cash | n/a | -0.12% |
| Graniteshares Short Nvda Swap | n/a | -21.74% |
| Us Dollars | n/a | -27.34% |
| Nvda Equity Swap 1 | n/a | -52.56% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2024 | $2.60797 | Dec 31, 2024 |
| Dec 27, 2023 | $75.12775 | Dec 29, 2023 |
Performance
NVD had a total return of -74.50% in the past year, including dividends. Since the fund's inception, the average annual return has been -85.85%.
News
NVD: A Fine Trading Tool But Really Not A Hold
NVD is a specialized tool for short-term, leveraged trading of NVDA, not for long-term holding or buy-and-hold strategies. Daily reset and volatility drag make NVD unsuitable for holding periods longe...
GraniteShares Announces Reverse Split of NVD
NEW YORK, Oct. 28, 2024 (GLOBE NEWSWIRE) -- GraniteShares has announced it will execute a reverse share split for one of its ETFs. The total market value of the shares outstanding will not be affected...
Leveraged Nvidia ETF issuers saw trading surge in bearish products ahead of earnings
Interest in leveraged exchange-traded funds that allow investors to profit when shares of Nvidia fall grew steadily ahead of the chipmaker's quarterly results, according to data from some of the compa...
GRANITESHARES HITS $6 BILLION AUM AS NVDL SURGES
Leveraged ETFs linked to NVDA ( NVDL) and COIN ( CONL) drive increased trading and AUM Trading volumes exceed $2.2 BILLION on softer CPI data (06/12/24) Rising demand for the firm's leveraged ETFs h...