GraniteShares 1.5x Short NVDA Daily ETF (NVD)

NASDAQ: NVDExchange-traded fund from Graniteshares.

  • Expense ratio1.51%
  • Net assets$60.1M
  • Dividend yield23.52%
  • 1-year return-49.48%
  • Holdings1

NVD ETF price chart

NVD quote & trading statistics

  • YTD-43.17%
  • 1 year-49.48%
  • 3 years-81.17%/yr
1Y volatility
49.24%
3Y volatility
56.09%
3Y Sharpe ratio
-2.30

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

NVD asset allocation

Cash
91.2%
Other
8.8%

About GraniteShares 1.5x Short NVDA Daily ETF

The fund is an actively managed exchange traded fund that attempts to replicate 2x the inverse (-200%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately -200% of the fund"s net asset value. It is non-diversified.

NVD ETF FAQ

What is the NVD expense ratio?

GraniteShares 1.5x Short NVDA Daily ETF has a net expense ratio of 1.51%, or $151.00 a year for every $10,000 invested.

How much money is in NVD?

GraniteShares 1.5x Short NVDA Daily ETF has about $60.1M in net assets.

How has NVD performed?

NVD returned -49.48% over the past year, including reinvested distributions.

Does NVD pay dividends?

NVD has a dividend yield of 23.52%.

When was NVD launched?

GraniteShares 1.5x Short NVDA Daily ETF began trading on August 21, 2023.