Performance analysis of NVD (GRANITESHARES 2X SHORT NVDA DAILY ETF)
Annual Return
Since Aug 22, 2023, NVD has had an average annual return of -80.81%, underperforming the benchmark SPY, which returned +23.07% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -35.26% | -73.24% | -93.12% | -15.26% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -6.41% | +12.33% | -0% | -25.61% | -12.30% | -5.61% | -35.26% | ||||||
| 2025 | +7.72% | -12.26% | +21.96% | -19.35% | -37.27% | -27.94% | -22.04% | +3.14% | -14.21% | -17.75% | +26.62% | -11.36% | -73.24% |
| 2024 | -30.41% | -47.70% | -26.98% | +1.38% | -42.49% | -25.06% | -0.51% | -13.59% | -9.46% | -18.67% | -10.27% | +4.29% | -93.12% |
| 2023 | -11.64% | +20.10% | +7.72% | -18.93% | -8.56% | -15.26% |
Drawdown analysis of NVD (GRANITESHARES 2X SHORT NVDA DAILY ETF)
The maximum drawdown for the NVD was -99.26%, occurring on May 14, 2026. This drawdown has not yet recovered.
The current NVD drawdown is -99.13%.
Since Aug 22, 2023 NVD has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -99.26% | Oct 26, 2023 | 638 | May 14, 2026 | Ongoing | Ongoing | Ongoing |
| -18.48% | Sep 21, 2023 | 14 | Oct 11, 2023 | 11 | Oct 26, 2023 | 25 |
| -11.64% | Aug 22, 2023 | 7 | Aug 31, 2023 | 6 | Sep 11, 2023 | 13 |
| -2.83% | Sep 12, 2023 | 1 | Sep 13, 2023 | 2 | Sep 15, 2023 | 3 |
| -0.26% | Sep 15, 2023 | 1 | Sep 18, 2023 | 1 | Sep 19, 2023 | 2 |