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
126.3 M
ASSETS UNDER MGMT
150 bp
EXPENSES
Fund Basics
| Fund sponsor | GraniteShares |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Aug 21, 2023 |
| Assets (mns) | $0 |
| Expense ratio | 150 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Historical Performance
Standardized Performance (as of 11/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -69.9% | -71.2% | -87.7% | -- | -- | -- | -- | -84.8% |
| Dividend Yield | 0.0% | 2.7% | 1.5% | -- | -- | -- | -- | 1.7% |
| Total Returns | -69.9% | -68.4% | -86.2% | -- | -- | -- | -- | -83.1% | Ann. Volatility | 101.9% | 99.3% | 101.3% | -- | -- | -- | -- | 96.6% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.67 | 53% |
| MSCI EAFE | -2.80 | 22% |
| MSCI Emg Mkts | -3.18 | 32% |
Liquidity Measures
| Avg. volume (000) | 35,447 |
| ADV traded (mns) | $306 |
| Turnover | 242.5% |
| Avg. Bid/Ask (% of price) | 0.12% |
Technical Indicators
| 30d moving avg. (EMA) | $8.48 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.10/0.08 |
| Bollinger Bands (Upper/Lower) | $9.33/$7.48 |
| Short interest (% of AUM) | 5.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)