(NVDG) Leverage Shares 2X Long DA - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 54m USD | Total Return: 99.6% in 12m
Avg Turnover: 9.19M
Warnings
Volatile
Tailwinds
No distinct edge detected
The Leverage Shares 2x Long NVDA Daily ETF (NVDG) is an actively managed, non-diversified fund designed to provide 200% of the daily performance of NVIDIA Corporation. The fund allocates at least 80% of its assets to financial instruments, such as swap agreements and options, to achieve this leveraged exposure. This structure is intended for short-term trading rather than long-term investment due to the effects of daily compounding and volatility decay.
NVIDIA operates within the high-growth semiconductor sector, primarily focusing on the design of Graphics Processing Units (GPUs) and Application-Specific Integrated Circuits (ASICs). The company utilizes a fabless business model, meaning it designs the hardware and software architecture while outsourcing the physical manufacturing of silicon wafers to third-party foundries.
Investors can further analyze the underlying volatility and valuation metrics of this instrument on ValueRay. Because this ETF resets daily, its performance over periods longer than a single day can deviate significantly from two times the return of the underlying stock.
- NVIDIA data center revenue growth drives underlying asset price appreciation
- Leveraged daily rebalancing amplifies volatility decay in sideways market conditions
- Global GPU demand for generative AI training sustains equity valuation
- Federal Reserve interest rate policy influences margin costs for leveraged exposure
- Semiconductor export restrictions to China impact underlying stock performance volatility
As of May 29, 2026, the stock is trading at USD 20.09 with a total of 241,892 shares traded.
Over the past week, the price has changed by -8.72%,
over one month by -1.42%,
over three months by +37.41% and
over the past year by +99.61%.
Leverage Shares 2X Long DA has no consensus analysts rating.