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NVDX is a 2x daily leveraged ETF built to deliver about twice NVIDIA (NVDA)’s one-day move, before fees and expenses.
It gets that exposure mainly through swap agreements and then rebalances every day to reset leverage back to ~200% of net assets.
Because it targets daily results, holding periods longer than a day can produce outcomes that diverge materially from “2x NVDA.
This fund doesn’t primarily hold NVDA shares; it mostly holds swap contracts that mimic 2x NVDA’s daily move, plus cash-like holdings (money markets/short-term debt) to support the structure. Think of it as a turbo button on NVDA for one-day moves, not a long-term ownership stake in the company.
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2.00x leverage. Resets daily. Designed for short-term trading.
Showing the largest holdings by weight in NVDX
Breakdown of NVDX by sector weightings (%)
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Top countries by weight (%)
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