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GraniteShares 2x Short NVDA Daily ETF
NVD performance and flow charts
Performance
Flows
Historic performance and flows
Data as of April 6, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | -1.95% | +2.60% | +1.85% | -80.21% | ||
| Flows | +$2M | -$6M | -$8M | +$184M | - | - |
Characteristics
The GraniteShares 2x Short NVDA Daily ETF is built to track the NVIDIA. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Inverse |
| Provider | GraniteShares |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | August 21, 2023 |
| ESG | No |
More data and info about NVD on Trackinsight
NVD's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +74.11% | +80.05% | ||
Max drawdown | -24.48% | -83.78% | ||
Max drawdown duration | 50d | 363d | N/A | N/A |
Time to recover | 31d | N/A | N/A | N/A |
Replication quality
Data as of April 8, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is NVD?
NVD is a Passive ETF that provides exposure to Equity assets. It is managed by GraniteShares.
What index does NVD track?
NVD tracks the NVIDIA, aiming to replicate its performance through unfunded swap.
What does NVD invest in?
This ETF provides inverse exposure (-2x) to Equities. It is part of the segment: Inverse Equity.
What is the expense ratio of NVD?
The total expense ratio (TER) of NVD is 1.35%, representing the annual fee charged by the fund manager.
When was NVD launched?
NVD was launched on August 21, 2023, marking its entry into the ETF market.
Who is the issuer of NVD?
NVD is issued by GraniteShares.
What is the AUM of NVD?
As of April 6, 2026, NVD manages $88.81 M, reflecting the total assets held in the fund.
How has NVD performed recently?
As of April 6, 2026, NVD delivered a return of -1.95% over the past month (1M performance), 2.6% over the past three months (3M), and 1.85% year-to-date (YTD).
What are the recent fund flows for NVD?
As of April 6, 2026, NVD has seen net flows of +$2M in the past month (1M flow) and -$8M year-to-date (YTD).
Does NVD pay dividends?
As of April 6, 2026, NVD has a trailing 12-month distribution yield of 11.6%.
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