GraniteShares 2x Short NVDA Daily ETF

An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.

NVD trades at 16.01 USD today, its price has fallen −5.57% in the past 24 hours. Track more dynamics on NVD price chart.

NVD net asset value is 15.94 today — it's fallen 36.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

NVD assets under management is ‪111.18 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.

NVD price has fallen by −36.95% over the last month, and its yearly performance shows a −76.01% decrease. See more dynamics on NVD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −36.49% over the last month, showed a −49.15% decrease in three-month performance and has decreased by −76.51% in a year.

NVD fund flows account for ‪178.12 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.

Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.

NVD expense ratio is 1.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.

NVD is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, NVD technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating NVD shows the sell signal. See more of NVD technicals for a more comprehensive analysis.

Yes, NVD pays dividends to its holders with the dividend yield of 15.45%.

NVD shares are issued by GraniteShares, Inc.

NVD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Aug 21, 2023.