Updated •10 min read

10 Publicly Traded Leveraged Nvidia (NVDA) ETFs

Leveraged NVIDIA ETFsNVIDIAInverse NVDA etf

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10 ETFs Available
6 Long Positions
4 Short Positions

NVIDIA is the most heavily traded name in the AI trade, and its price swings are big enough that a whole shelf of leveraged and inverse ETFs has grown up around it. The ten here include 2x bullish funds, inverse shorts, and a couple of income plays.


Quick Overview

TickerFund NameLeverageDirectionExpense RatioAUM
Long
NVDLGraniteShares 2x Long Nvidia Daily ETF2xLong1.05%$3.7B
NVDUDirexion Daily NVDA Bull 2X Shares2xLong0.92%$526.7M
NVDXT-Rex 2x LNG NVIDIA Daily Target Fund2xLong1.05%$477.4M
NVDWNVDA WeeklyPay ETF1.2xLong1.00%$118.7M
NVYYGraniteShares YieldBOOST NVDA ETFvariableLong1.15%$26.4M
NVDBProShares Ultra NVDA2xLong0.95%$6.0M
Short (Inverse)
NVDGraniteShares 2x Short Nvidia ETF USD2xShort1.35%$56.9M
NVDQT-REX 2X Inverse NVIDIA Daily Target ETF2xShort1.05%$19.4M
NVDDDirexion Daily NVDA Bear 1X Shares1xShort1.01%$17.4M
NVDSTradr 1.5X Short NVDA Daily ETF1.5xShort1.15%$11.9M
1

NVDL

NASDAQ
long

GraniteShares 2x Long Nvidia Daily ETF

Leverage
2x
Expense Ratio
1.05%
AUM
$3.7B
Inception
December 13, 2022
Fund Family:GraniteShares
Asset Class:equity
Options Availability:Weekly
Underlying Asset:
NVIDIA Corp
(NVDA)




2

NVDU

NASDAQ
long

Direxion Daily NVDA Bull 2X Shares

Leverage
2x
Expense Ratio
0.92%
AUM
$526.7M
Inception
September 13, 2023
Fund Family:Direxion Funds
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)




3

NVDX

CBOE
long

T-Rex 2x LNG NVIDIA Daily Target Fund

Leverage
2x
Expense Ratio
1.05%
AUM
$477.4M
Inception
October 19, 2023
Fund Family:REX
Asset Class:equity
Options Availability:Weekly
Underlying Asset:
NVIDIA Corp
(NVDA)




4

NVDW

CBOE
long

NVDA WeeklyPay ETF

Leverage
1.2x
Expense Ratio
1.00%
AUM
$118.7M
Inception
February 19, 2025
Fund Family:Roundhill Investments
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corporation
(NVDA)




5

NVYY

long

GraniteShares YieldBOOST NVDA ETF

Leverage
variable
Expense Ratio
1.15%
AUM
$26.4M
Inception
May 12, 2025
Fund Family:GraniteShares
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)




6

NVDB

AMEX
long

ProShares Ultra NVDA

Leverage
2x
Expense Ratio
0.95%
AUM
$6.0M
Inception
September 8, 2025
Fund Family:ProShares
Asset Class:equity
Options Availability:-
Underlying Asset:
NVIDIA Corporation
(NVDA)




7

NVD

NASDAQ
short

GraniteShares 2x Short Nvidia ETF USD

Leverage
2x
Expense Ratio
1.35%
AUM
$56.9M
Inception
August 21, 2023
Fund Family:GraniteShares
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)




8

NVDQ

CBOE
short

T-REX 2X Inverse NVIDIA Daily Target ETF

Leverage
2x
Expense Ratio
1.05%
AUM
$19.4M
Inception
October 19, 2023
Fund Family:REX
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)




9

NVDD

NASDAQ
short

Direxion Daily NVDA Bear 1X Shares

Leverage
1x
Expense Ratio
1.01%
AUM
$17.4M
Inception
September 13, 2023
Fund Family:Direxion Funds
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)




10

NVDS

NASDAQ
short

Tradr 1.5X Short NVDA Daily ETF

Leverage
1.5x
Expense Ratio
1.15%
AUM
$11.9M
Inception
July 13, 2022
Fund Family:AXS
Asset Class:equity
Options Availability:Monthly
Underlying Asset:
NVIDIA Corp
(NVDA)

Which fund fits

What you pick depends on the trade. For straight bullish exposure, NVDL, NVDU, NVDX, and NVDB all run 2x long. NVDW and NVYY are the income options, pairing lighter leverage with regular payouts. On the short side, NVD and NVDQ are 2x inverse, NVDS is 1.5x, and NVDD is a milder 1x bear fund that works well for hedging. All of them reset daily, so they're built for short-term trades, not long holds.

Risk Warning: Leveraged and inverse ETFs are complex financial instruments that may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a financial advisor before making investment decisions.

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Author

Nina Mane

Huge finance nerd. Master's in Computer Engineering specializing in Finance and Data, I love digging into financial data and building tools to help me analyze markets. I also have over 5 years of experience working with the SEC's EDGAR data, focusing on financial research and analysis. In my free time, I enjoy doing technical analysis on stocks and crypto, working out and being outdoors. I originally created this database for myself, but as more friends started asking for tips and recommendations, I realized it could help a much wider audience. That inspired me to create this website.