Key stats
About Tradr 1.5X Short NVDA Daily ETF
Home page
Inception date
Jul 14, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
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
AXS Investments LLC
Distributor
ALPS Distributors, Inc.
NVDS is a short-term tactical tool that aims to deliver -1.5x the price return, less fees and expenses, for a single day of Nvidia stock. Purchasers holding shares for longer than a day need to monitor and rebalance their position frequently to attempt to achieve the -1.5x multiple. Aside from the inverse exposure, 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. On May 15, 2024, the fund changed its name from AXS 1.25X NVDA Bear Daily ETF to Tradr 1.25X NVDA Bear Daily ETF. The fund changed its name again on July 15, 2024, to Tradr 1.5X Short NVDA Daily ETF.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash93.74%
Miscellaneous6.26%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
NVDS last dividends amounted to 3.59 USD. The year before, the issuer paid 21.36 USD in dividends, which shows a 495.63% decrease.
NVDS assets under management is 39.88 M USD. It's risen 44.85% over the last month.
NVDS fund flows account for −7.58 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.
Yes, NVDS pays dividends to its holders with the dividend yield of 19.53%. The last dividend (Dec 27, 2024) amounted to 3.59 USD. The dividends are paid annually.
NVDS shares are issued by SR Partners LLC under the brand Tradr. The ETF was launched on Jul 14, 2022, and its management style is Passive.
NVDS expense ratio is 1.15% meaning you'd have to pay 1.15% of your investment to help manage the fund.
NVDS follows the NVIDIA Corporation. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
NVDS invests in cash.
NVDS price has fallen by −33.16% over the last month, and its yearly performance shows a −59.32% decrease. See more dynamics on NVDS price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −29.05% over the last month, showed a −26.42% decrease in three-month performance and has decreased by −53.11% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −29.05% over the last month, showed a −26.42% decrease in three-month performance and has decreased by −53.11% in a year.
NVDS trades at a premium (0.12%) meaning the ETF is trading at a higher price than the calculated NAV.