NVD — GraniteShares 2x Short NVDA Daily ETF
GraniteShares 2x Short NVDA Daily ETF (ticker: NVD) is a equity ETF issued by GraniteShares tracking ACTIVE - No Index. It was launched on 2023-08-21.
About NVD
The GraniteShares 2x Short NVDA Daily ETF (NVD) is an actively managed exchange-traded fund that seeks to provide 2x leveraged inverse exposure to the daily performance of NVIDIA Corporation (NVDA) stock. NVD is classified as an Inverse Equity: U.S. Semiconductors ETF. It was incepted on August 21, 2023, and has an expense ratio of 1.35%.
This ETF holds four securities, which includes holdings in NVIDIA Corporation (NVDA) and U.S. Dollars. Investors might consider NVD to express a bearish view on the daily performance of NVIDIA stock with leveraged exposure.
- Tracks no index.
- Provides 2x leveraged daily inverse exposure to NVIDIA Corporation (NVDA).
- Expense ratio of 1.35%.
- Total AUM of $76M.
- Holdings include NVIDIA Corporation (NVDA) and U.S. Dollars.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 7.13% |
| 1 Week | -3.52% |
| 1 Month | -18.25% |
| 3 Months | -35.81% |
| 6 Months | -46.99% |
| YTD | -34.83% |
| 1 Year | -70.77% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | US Dollars | USD | 100.00% |
| 2 | NVDA | NVDA | 100.00% |
| 3 | US Dollars | USD | 100.00% |
| 4 | NVIDIA Corp | NVDA | 100.00% |
| 5 | US Dollars | USD | 100.00% |
| 6 | NVIDIA Corp | NVDA | 100.00% |
| 7 | US Dollars | USD | 100.00% |
| 8 | NVIDIA Corp | NVDA | 100.00% |
| 9 | US Dollars | USD | 100.00% |
| 10 | NVDA | NVDA | 100.00% |
Fund Profile
| Issuer | GraniteShares |
|---|---|
| Brand | GraniteShares |
| Asset Class | equity |
| Strategy | Vanilla |
| Category | Sector |
| Segment | Inverse Equity: U.S. Semiconductors |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2023-08-21 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | NVD |
|---|---|
| Full Name | GraniteShares 2x Short NVDA Daily ETF |
| Issuer | GraniteShares |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $68.66M |
| Inception | 2023-08-21 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does NVD track?
NVD (GraniteShares 2x Short NVDA Daily ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of NVD?
NVD has an expense ratio of 0.01% per year.
What is the AUM of NVD?
NVD has approximately $68.66M in assets under management.
Does NVD pay a dividend?
NVD distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues NVD?
NVD is issued by GraniteShares, launched on 2023-08-21.
Open the interactive NVD dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.