ETF overview
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.
Fund facts
- Leverage
- -2x daily
- Expense ratio
- 1.35%
- Fund assets
- 54.21M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Aug 21, 2023
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| NVIDIA Corporation | NVDA | -200.13% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- -2x daily
- Expense ratio
- 1.35%
- Fund assets
- 54.21M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Aug 21, 2023
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| NVIDIA Corporation | NVDA | -200.13% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
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.
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