NVD
GraniteShares 2x Short NVDA Daily ETF
GraniteShares 2x Short NVDA Daily ETF seeks to provide investors with daily investment results that correspond to 2 times the inverse of the daily performance of NVIDIA Corporation's common stock.
Leveraged/Inverse
DERIVATIVES
Active
MANAGEMENT STYLE
$ 86.4 M
ASSETS UNDER MGMT
150 bp
EXPENSES
Fund Basics
| Inception date | Aug 21, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Historical Performance
Standardized Performance (as of 08/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -45.0% | -61.4% | -71.2% | -81.0% | -- | -- | -- | -81.5% |
| Dividend Yield | 0.0% | 4.8% | 3.1% | 2.4% | -- | -- | -- | 2.3% |
| Total Returns | -45.0% | -56.6% | -68.1% | -78.6% | -- | -- | -- | -79.2% | Ann. Volatility | 78.9% | 76.3% | 90.2% | 92.3% | -- | -- | -- | 92.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.88 | 42% |
| MSCI EAFE | -2.02 | 17% |
| MSCI Emg Mkts | -1.69 | 30% |
Liquidity Measures
| Avg. volume (000) | 79,176 |
| ADV traded (mns) | $285 |
| Turnover | 329.9% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $4.59 |
| Relative strength (RSI) | 41 |
| MACD/Signal | -0.28/-0.20 |
| Bollinger Bands (Upper/Lower) | $5.59/$3.57 |
| Short interest (% of AUM) | 18.2% |
Distributions