NVDG

Leverage Shares 2X Long NVDA Daily ETF

$20.10
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) seeks to provide 2x the daily return of the NVIDIA Corporation (NVDA) stock.

Overview

ETF tracking Leverage Shares 2X Long NVDA Daily ETF

Category Leveraged
Issuer Other
Inception Date 2024-12-13
Market Cap $22.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $5.91 - $24.28
VWAP $18.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long NVDA Daily ETF (NVDG) seeks to provide 2x the daily return of the NVIDIA Corporation (NVDA) stock.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying NVIDIA stock. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

  • Provides 2x the daily return of NVIDIA Corporation stock
  • Utilizes derivatives and leverage to achieve its objective
  • Resets daily, so performance may differ significantly from 2x the NVIDIA stock return over longer periods
  • Very small asset base of $0 as of the provided information

⚠️ Primary Risks

  • Significant daily rebalancing risk due to the leveraged nature of the fund
  • Potential for large losses if the underlying NVIDIA stock declines
  • Volatility risk amplified by the 2x leverage
  • Lack of long-term performance history

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who are seeking to make tactical, speculative bets on the daily performance of NVIDIA stock. It is not appropriate for long-term, buy-and-hold investors.