{"url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdd","section":"compare","title":"NVDB vs NVDD: which held to its multiple? | ETFIQ","description":"NVDB sets out to return +2 times NVDA each day and NVDD -1 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22121.0 pts away.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NVDB or NVDD?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 9, 2026, NVDB finished 6.4 points from what its multiple implies and NVDD finished 1.0 points from its own, so NVDD came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are NVDB and NVDD levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on NVIDIA, NVDB at +2 times and NVDD at -1 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NVDB or NVDD?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NVDB\u2019s moved at 37% annualized and NVDD\u2019s at 37%, so NVDB has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold NVDB or NVDD for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, NVDB or NVDD?","acceptedAnswer":{"@type":"Answer","text":"NVDB charges 0.95% a year and NVDD charges 1.01%, so NVDB is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"Head to head","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"NVDB vs NVDD","item":"https://etfiq.com/compare/leverage/nvdb-vs-nvdd"}]},{"@type":"WebPage","name":"NVDB vs NVDD: which held to its multiple?","description":"NVDB sets out to return +2 times NVDA each day and NVDD -1 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22121.0 pts away.","url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdd","dateModified":"2026-10-09","abstract":"Over three months against its own daily promise, NVDB finished 3.2 points short and NVDD 1.5 points over.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NVDB and NVDD","description":"NVDB sets out to return +2 times NVDA each day and NVDD -1 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22121.0 pts away.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdd","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":8012,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NVDB vs NVDD \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n NVDB vs NVDD: which held to its multiple?\n\n Over three months against its own daily promise, NVDB finished 3.2 points short and NVDD 1.5 points over.\n Copy this for sharing \n \n NVDB costs 0.06 points a year less; their one-year returns differ by 30.4 points; NVDD is 3.1 times larger.\n NVDB and NVDD at a glance. As of Oct 9, 2026. Source: ETFIQ. NVDB NVDD \n Expense ratio 0.95% 1.01% \n Net assets, NVDB as of Oct 9, 2026 and NVDD as of Oct 8, 2026 $5m $16m \n Total return, 1 ","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, NVDB against NVDD, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/nvdb-vs-nvdd","a":{"ticker":"NVDB","name":"ProShares Ultra NVDA","issuer":"ProShares","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: NVDB returned +11.2% where its own daily promise gave +14.4%, 3.2 points short.","url":"https://etfiq.com/funds/nvdb","key_facts":[{"label":"What NVDA did","value":"+8.8%","as_of":"2026-10-09","source":null},{"label":"What 2 times a day gives","value":"+14.4%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"+11.2%","as_of":"2026-10-09","source":null},{"label":"The fund itself cost","value":"\u22123.2 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$5m","as_of":"2026-10-09","source":"issuer page, as of Oct 9, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-10-09","source":"485BPOS XBRL, Sep 25, 2026"}]},"b":{"ticker":"NVDD","name":"Direxion Daily NVDA Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: NVDD returned \u22129.8% where its own daily promise gave \u221211.3%, 1.5 points over.","url":"https://etfiq.com/funds/nvdd","key_facts":[{"label":"What NVDA did","value":"+8.8%","as_of":"2026-10-09","source":null},{"label":"What \u22121 times a day gives","value":"\u221211.3%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u22129.8%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+1.5 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$16m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"1.01%","as_of":"2026-10-09","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/nvdb-vs-nvdd"}