Graniteshares 2x Short NVDA Daily ETF (NVD) is an exchange-traded fund in the Trading Inverse Equity category. It has $60.72M in assets, an expense ratio of 1.35% and a 16.26% dividend yield. The fund is an actively managed exchange traded fund that attempts to replicate 2x the inverse (-200%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately -200% of the fund’s net asset value. It is non-diversified.