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
$ 70.8 M
ASSETS UNDER MGMT
135 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 09/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -49.1% | -58.2% | -70.9% | -82.6% | -- | -- | -- | -81.1% |
| Dividend Yield | 0.0% | 5.2% | 3.2% | 2.2% | -- | -- | -- | 2.3% |
| Total Returns | -49.1% | -53.0% | -67.7% | -80.4% | -- | -- | -- | -78.9% | Ann. Volatility | 76.4% | 75.5% | 88.0% | 92.4% | -- | -- | -- | 91.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.78 | 42% |
| MSCI EAFE | -2.00 | 18% |
| MSCI Emg Mkts | -1.70 | 33% |
Liquidity Measures
| Avg. volume (000) | 109,150 |
| ADV traded (mns) | $503 |
| Turnover | 710.3% |
| Avg. Bid/Ask (% of price) | 0.26% |
Technical Indicators
| 30d moving avg. (EMA) | $3.99 |
| Relative strength (RSI) | 54 |
| MACD/Signal | 0.14/0.08 |
| Bollinger Bands (Upper/Lower) | $4.55/$3.37 |
| Short interest (% of AUM) | 18.2% |
Distributions