GraniteShares 2x Short NVDA Daily ETF (NVD)
NVD Price Chart
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NVD ETF Profile
Key details and information about GraniteShares 2x Short NVDA Daily ETF (NVD).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
22 Aug 2023
Country
US
Description
This Fund aims to deliver daily investment outcomes, before accounting for its operational costs and fees, that are double the inverse daily percentage movement of NVIDIA Corporation's (NASDAQ: NVDA) common stock. It is important to note that the Fund cannot guarantee it will consistently achieve this stated daily objective. Investors should also be aware that, due to the daily resetting of its leveraged position, the Fund is not designed to replicate negative two times NVIDIA's cumulative performance over periods extending beyond a single trading day.
NVD ETF Performance
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