GraniteShares 2x Long NVDA Daily ETF
GraniteShares ETF Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
GraniteShares 2x Long NVDA Daily ETF is an actively managed U.S. bond ETF. 100% of NVDL’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 100% of the fund’s equity).
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Features
- Leveraged · Non-diversified
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corporation (NASDAQ: NVDA).
The fund seeks to deliver 2 times the daily percentage change of NVIDIA stock through swap agreements, options contracts, and direct stock purchases, with notional exposure of approximately 200% of net asset value. Because the fund rebalances daily and returns compound over time, results over periods longer than a single day will not equal 2 times the return of NVIDIA stock over the same period. The fund will lose money if NVIDIA stock performance is flat, and may lose money over longer periods even while NVIDIA stock rises. The fund is concentrated in the semiconductor industry through its exclusive focus on NVIDIA.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Bonds | 323.95% |
| Derivatives | 200.32% |
These positions come to 524.27% of the fund's net assets. This counts only what the fund reported holding — the holdings disclosure covers assets, not liabilities such as borrowings — so it is not expected to reconcile to 100%.
Derivatives are shown at market value, not notional exposure.
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2024 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: Treasury Bill ×2, Goldman Sachs, TD Cowen
Exited: Treasury Bill, Cowen Group, Goldman Sachs
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 100% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of duration at each point, shortest first. This filer signs its rate and credit disclosures differently; the direction shown follows its interest-rate filing, and a negative reading is the least-supported figure here.
| 3 mo | 0.00 yr | 100% |
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | Treasury Bill0.00% · due 2026-07-21 | 320.25% | $12.97B | — |
| — | Clear Street | 125.36% | $5.08B | — |
| — | Natixis Securities | 34.59% | $1.40B | — |
| — | Nomura Securities | 17.65% | $715.12M | — |
| — | Wells Fargo Securities, LLC | 8.92% | $361.44M | — |
| — | Cantor Fitzgerald | 5.41% | $219.14M | — |
| — | Goldman Sachs | 4.92% | $199.41M | — |
| — | Treasury Bill0.00% · due 2026-07-02 | 3.70% | $149.99M | — |
| — | BMO Capital Markets | 3.46% | $140.36M | — |
| — | BofA Securities, Inc | 0.00% | $0.06M | — |
Top 10 positions are 524.27% of net assets, top 25 524.27%, across 10 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free