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
$ 76.4 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 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -21.3% | -79.8% | -79.0% | -- | -- | -- | -- | -82.9% |
| Dividend Yield | 0.0% | 2.5% | 2.3% | -- | -- | -- | -- | 2.4% |
| Total Returns | -21.3% | -77.4% | -76.8% | -- | -- | -- | -- | -80.5% | Ann. Volatility | 72.9% | 68.1% | 96.9% | -- | -- | -- | -- | 92.9% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | -3.50 | 41% |
| MSCI EAFE | -1.64 | 12% |
| MSCI Emg Mkts | -1.75 | 23% |
Liquidity Measures
| Avg. volume (000) | 76,687 |
| ADV traded (mns) | $303 |
| Turnover | 396.6% |
| Avg. Bid/Ask (% of price) | 0.16% |
Technical Indicators
| 30d moving avg. (EMA) | $5.89 |
| Relative strength (RSI) | 38 |
| MACD/Signal | -0.43/-0.43 |
| Bollinger Bands (Upper/Lower) | $6.32/$4.67 |
| Short interest (% of AUM) | 5.3% |
Distributions