Tradr 1.5x Short Nvda Daily Etf ETF Company Profile

Description

NVDS stock is the ticker for the GraniteShares 2x Short NVDA Daily ETF, an actively managed inverse leveraged ETF that seeks to return -2x (200%) the daily performance of NVIDIA (NVDA). Designed for short-term tactical trading, NVDS gives bearish traders a way to capitalize on downward price movements in NVDA stock. The NVDS ETF achieves its inverse exposure through derivatives, primarily swap agreements tied to NVIDIA’s stock. It is structured to track -200% of NVDA’s daily return, not cumulative or long-term performance, and is rebalanced daily. Under normal market conditions, at least 80% of the fund's assets are allocated to financial instruments that offer inverse leveraged exposure. NVDS is non-diversified, carries a net expense ratio of 1.15%, and is intended only for experienced investors. As of the latest report, total net assets exceed $2.66 billion. Traders monitoring the NVDS stock price, or searching what is NVDS, typically use it for short-term hedging, directional plays on NVIDIA, or volatility strategies. Interest in nvds etf, nasdaq nvds, and real-time discussion on platforms like nvds stocktwits reflects its role as a fast-moving instrument for active market participants.