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NVD GraniteShares 2x Short NVDA Daily ETF

ETF

5.47 USD Close 11/5
Since 2024-12-06 -77.4%

Close 11/5

FinLab Studio

From GraniteShares 2x Short NVDA Daily ETF to every stock like it

AI finds several complementary traits of GraniteShares 2x Short NVDA Daily ETF across different dimensions, combines them into a multifactor strategy, and backtests it against the market.

Screen stocks like GraniteShares 2x Short NVDA Daily ETF

Price and fund-flow snapshot

As of 2026-11-05

Risk / liquidity: Weak.

Momentum Neutral 60-day return is Top, but 240-day return is Lagging.
60-day return (%) 38.1 98th percentile · Top
240-day return (%) -29.6 7th percentile · Lagging
Momentum Trading Strategy: A 12-1 Momentum Backtest
Risk / liquidity Weak 20-day dollar volume is Good, but Distance from peak is Lagging.
60-day annualized volatility (%) 78.7 91th percentile · Lagging
Distance from peak (%) -99.0 6th percentile · Lagging
20-day dollar volume 497,294,359.0 74th percentile · Good
Factor Investing Explained: 10 Classic Factors in US Stocks

GraniteShares 2x Short NVDA Daily ETF (NVD) peers and tracking

Watchlist

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GraniteShares 2x Short NVDA Daily ETF (NVD) quant signal backtests

Signals active now

Each active condition is tested against this ETF’s own history and benchmarked versus the S&P 500.

20% below its peak

Active · now -99.0%

Adjusted close first falls 20% or more below its highest level so far; repeated hits within 20 days count once.

2 historical occurrences (since 2023-11-09)

Back above the 200-day average

Active · now 4.0%

Adjusted close crosses from below to above its 200-day moving average; repeated crosses within 20 days count once.

3 historical occurrences (since 2025-04-03)
More history: Holding-period returns in its own history, Signals not active now

Holding-period returns in its own history

Since 2023-08-22, 0.0% of 554 one-year holding periods ended with a gain; the median one-year return was -75.1%. Over three-year holding periods, 0.0% of 50 ended with a gain (median -99.2%).

A holding period starts on every trading day, so periods overlap; they describe the historical distribution rather than independent outcomes.

Signals not active now

Inactive signals still show this ETF’s historical forward-return distribution for context.

52-week adjusted-price high

Pending

Adjusted close first reaches a 252-trading-day high; repeated hits within 20 days count once.

Method and limits

  • Returns use us_fund_price:adj_close (finlab data.set_market('us_fund')), adjusted for splits and for distributions where the data includes them.
  • Excess returns use world_index:^GSPC, the S&P 500 price index without dividends, as the benchmark.
  • Percentiles and the 6-month momentum signal compare against the most liquid US-listed ETFs by 20-day dollar volume; mutual funds are excluded.
  • Category labels come from the fund data where it provides one (bond, income, crypto) and from the fund name for leveraged, inverse and commodity ETFs.
  • Overlapping event windows are descriptive distributions, not independent samples.
  • This ETF seeks a multiple of its index’s daily return, or the inverse of it, and resets that exposure every day. Over periods longer than a day its return compounds the daily moves and can differ substantially from that multiple of the index’s return, more so when the index is volatile.

This page is for historical data analysis and education only. It is not investment advice. Backtests and historical return distributions do not predict future performance; evaluate risk independently before trading.