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NVD

GraniteShares 2x Short NVDA Daily ETF·NASDAQ
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Key Stats

Assets Under Management
82.05MUSD
Fund Flows (1Y)
235.01MUSD
Dividend Yield
12.11%
Discount/Premium to NAV
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Shares Outstanding
12.70M
Expense Ratio
1.35%

About GraniteShares 2x Short NVDA Daily ETF

Issuer
GraniteShares Advisors LLC
Brand
GraniteShares
Inception Date
Aug 21, 2023
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
NVD is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of NVIDIA stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse leverage exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification

Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Semiconductors
Strategy
Vanilla
Geography
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Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Sector

Technology

100.00%

Asset

Holdings

Symbol

Ratio

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US Dollars

100.00%
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NVDA

-200.00%

Symbol

Ratio

No holdings data

Top 10 Weight -100%

2 Total Holdings

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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