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
$ 51.3 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 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -30.2% | -49.3% | -69.9% | -- | -- | -- | -- | -80.9% |
| Dividend Yield | 0.0% | 6.3% | 3.3% | -- | -- | -- | -- | 2.4% |
| Total Returns | -30.2% | -43.1% | -66.6% | -- | -- | -- | -- | -78.5% | Ann. Volatility | 77.3% | 73.3% | 92.2% | -- | -- | -- | -- | 92.1% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.79 | 44% |
| MSCI EAFE | -1.95 | 18% |
| MSCI Emg Mkts | -1.66 | 31% |
Liquidity Measures
| Avg. volume (000) | 78,150 |
| ADV traded (mns) | $310 |
| Turnover | 604.5% |
| Avg. Bid/Ask (% of price) | 0.20% |
Technical Indicators
| 30d moving avg. (EMA) | $5.03 |
| Relative strength (RSI) | 49 |
| MACD/Signal | 0.04/-0.01 |
| Bollinger Bands (Upper/Lower) | $5.58/$4.36 |
| Short interest (% of AUM) | 5.3% |
Distributions