
Asset Management - Leveraged | Financial Services | US
This Fund aims to deliver daily investment outcomes, before accounting for its operational costs and fees, that are double the inverse daily percentage movement of NVIDIA Corporation's (NASDAQ: NVDA) common stock. It is important to note that the Fund cannot guarantee it will consistently achieve this stated daily objective. Investors should also be aware that, due to the daily resetting of its leveraged position, the Fund is not designed to replicate negative two times NVIDIA's cumulative performance over periods extending beyond a single trading day.
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GraniteShares 2x Short NVDA Daily ETF (NVD) seeks daily investment results, before fees, that are double the inverse daily percentage movement of NVIDIA common stock. The Fund cannot guarantee consistent achievement of this daily objective. Due to daily resetting, it is not designed to replicate negative two times NVIDIA's cumulative performance over periods longer than one trading day.
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