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.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 55.5 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 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -31.5% | -72.0% | -74.2% | -- | -- | -- | -- | -82.9% |
| Dividend Yield | 0.0% | 3.5% | 2.8% | -- | -- | -- | -- | 2.3% |
| Total Returns | -31.5% | -68.6% | -71.4% | -- | -- | -- | -- | -80.6% | Ann. Volatility | 72.8% | 67.4% | 95.7% | -- | -- | -- | -- | 92.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.61 | 39% |
| MSCI EAFE | -1.65 | 13% |
| MSCI Emg Mkts | -1.65 | 23% |
Liquidity Measures
| Avg. volume (000) | 69,596 |
| ADV traded (mns) | $303 |
| Turnover | 545.1% |
| Avg. Bid/Ask (% of price) | 0.17% |
Technical Indicators
| 30d moving avg. (EMA) | $5.10 |
| Relative strength (RSI) | 43 |
| MACD/Signal | -0.28/-0.39 |
| Bollinger Bands (Upper/Lower) | $5.73/$3.82 |
| Short interest (% of AUM) | 5.3% |
Distributions