GraniteShares 2x Short NVDA Daily ETF
NVD
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Aug 22, 2023
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 1.5x Short NVDA Daily ETF (NVD) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of -1.5 times (-150%) the daily percentage change of the common stock of NVIDIA Corporation (NASDAQ: NVDA). The fund employs derivatives, including swap agreements with major financial institutions, to achieve its leveraged inverse exposure to NVDA's daily performance, targeting investors seeking to profit from or hedge against short-term declines in NVIDIA's stock price. Launched on August 21, 2023, and domiciled in the United States, NVD operates within the leveraged inverse equity segment, with a net expense ratio of 1.15% and assets under management contributing to GraniteShares ETF Trust's broader portfolio. GraniteShares, the issuer and manager through GraniteShares Advisors LLC, is a New York-based entrepreneurial ETF provider founded in 2016 by William Rhind and headquartered at 222 Broadway, New York, New York. The firm specializes in innovative exchange-traded products, including leveraged and inverse single-stock ETFs; physically backed commodities such as gold and platinum; high-income YieldBOOST strategies via options writing; and disruptive technology-focused funds. GraniteShares operates globally, listing products on U.S., U.K., German, French, and Italian exchanges, serving institutional and retail high-conviction investors across North America, Europe, and Asia, with total assets under management exceeding $10.9 billion as of September 2025. Recent developments include a 1-for-25 reverse share split for NVD effective November 4, 2024, to consolidate shares and maintain exchange listing compliance amid volatility. GraniteShares has aggressively expanded its lineup, launching multiple YieldBOOST fund-of-funds ETFs in 2025, such as YBST (Single Stock Universe) and YBTY (TopYielders) on December 16, 2025; MAAY and IOYY in November 2025; and MTYY and PLYY in September 2025, enhancing income generation through options on leveraged single-stock ETFs. Additional 2024 launches encompassed 2x leveraged ETFs on CrowdStrike (CRWD), Micron (MU), and Taiwan Semiconductor (TSM), alongside surpassing $11 billion in AUM by October 2025, fueled by demand for single-stock leverage and income products.