
Tradr 1.5X Short NVDA Daily ETF (NVDS)
NVDS Price Chart
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NVDS ETF Profile
Key details and information about Tradr 1.5X Short NVDA Daily ETF (NVDS).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
14 Jul 2022
Country
US
Description
This actively managed Exchange Traded Fund (ETF) aims to deliver, on a daily basis and prior to any charges or expenses, a return that is negative 125% of NVIDIA (NVDA) stock's daily performance. Its primary method for achieving this objective is through entering into one or more daily swap contracts linked to NVDA. It is paramount to note that this performance target is strictly for a single trading day and is not intended to apply to any periods exceeding one day. In typical market environments, the fund's manager commits a minimum of 80% of its assets to financial instruments engineered to provide this inverse 1.25x leveraged exposure to NVDA's daily fluctuations. The fund operates with a concentrated, non-diversified investment approach.
NVDS ETF Performance
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