NVD Performance — GraniteShares 2x Short NVDA Daily ETF
Data updated: 2026-09-11
NVD returned −27.27% year to date and −53.87% over one year to Jun 2026. The annualised 3-year return is −63.22%. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $5, against $157 for the category, and to $46 over one year, against $121. Volatility over the past three years was 51.16% a year. In the 12 months to Jun 2026 the fund lost a net $12.7M, and assets reached $60.72M.
NVD Growth of $100
What $100 invested in GraniteShares 2x Short NVDA Daily ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | NVD | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $46 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $5 | $157 |
NVD Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −27.27% |
| 1 year | −53.87% |
| 3 years (annualised) | −63.22% |
NVD Annual Returns
Calendar-year total returns of GraniteShares 2x Short NVDA Daily ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −27.27% |
| 2025 | −73.30% |
| 2024 | −74.39% |
| 2023 (Jul–Dec) | +0.01% |
NVD Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −5.6% | +11.4% | +0.4% | −25.4% | −12.8% | +5.9% | — | — | — | — | — | — |
| 2025 | +7.8% | −12.6% | +22.8% | −19.9% | −37.2% | −27.7% | −22.0% | +3.4% | −14.5% | −17.5% | +26.2% | −11.6% |
| 2024 | −0.5% | −0.3% | −0.2% | +1.4% | −42.3% | −25.3% | −0.9% | −12.8% | −9.4% | −19.1% | −10.1% | +4.0% |
| 2023 | — | — | — | — | — | — | −0.1% | 0.0% | 0.0% | −0.2% | +0.1% | +0.2% |
NVD Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 51.16%
- 3-year Sharpe ratio: -1.32 (vs 4.5% risk-free rate)
- Best month: +26.18% (Nov 2025)
- Worst month: −42.30% (May 2024)
NVD Fund Flows
Monthly money in and out of GraniteShares 2x Short NVDA Daily ETF, from SEC Form N-PORT.
- 12-month net flow: −$12.7M
- 12-month gross sales (incl. reinvestments): $1.5B
- Sales ÷ redemptions: 0.99×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $250.4M | $257.7M | −$7.3M |
| May 2026 | $159.6M | $160.2M | −$607K |
| Apr 2026 | $117.2M | $109.1M | $8.2M |
| Mar 2026 | $107.5M | $108.0M | −$501K |
| Feb 2026 | $117.7M | $119.8M | −$2.1M |
| Jan 2026 | $81.9M | $90.1M | −$8.2M |
| Dec 2025 | $69.5M | $86.6M | −$17.1M |
| Nov 2025 | $104.9M | $139.0M | −$34.1M |
| Oct 2025 | $107.8M | $140.9M | −$33.1M |
| Sep 2025 | $92.9M | $85.5M | $7.5M |
| Aug 2025 | $109.6M | $108.5M | $1.1M |
| Jul 2025 | $181.4M | $107.8M | $73.6M |
NVD Assets Under Management
Net assets of GraniteShares 2x Short NVDA Daily ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $60.72M |
| 2026-03-31 | $88.74M |
| 2025-12-31 | $90.05M |
| 2025-09-30 | $186.11M |
| 2025-06-30 | $157.25M |
| 2025-03-31 | $86.35M |
| 2024-12-31 | $71.33M |
| 2024-09-30 | $71.60M |
| 2024-06-30 | $78.37M |
| 2024-03-31 | $29.52M |
| 2023-12-31 | $1.90M |
| 2023-09-30 | $2.21M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.