{"url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdq","section":"compare","title":"NVDB vs NVDQ: which held to its multiple? | ETFIQ","description":"NVDB sets out to return +2 times NVDA each day and NVDQ -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22126.4 pts away.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NVDB or NVDQ?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Oct 9, 2026, NVDB finished 6.4 points from what its multiple implies and NVDQ finished 6.4 points from its own, so NVDQ came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are NVDB and NVDQ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on NVIDIA, NVDB at +2 times and NVDQ at -2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NVDB or NVDQ?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NVDB\u2019s moved at 37% annualized and NVDQ\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 NVDQ 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 NVDQ?","acceptedAnswer":{"@type":"Answer","text":"NVDB charges 0.95% a year and NVDQ charges 1.05%, 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 NVDQ","item":"https://etfiq.com/compare/leverage/nvdb-vs-nvdq"}]},{"@type":"WebPage","name":"NVDB vs NVDQ: which held to its multiple?","description":"NVDB sets out to return +2 times NVDA each day and NVDQ -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22126.4 pts away.","url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdq","dateModified":"2026-10-09","abstract":"Over three months against its own daily promise, NVDB finished 3.2 points short and NVDQ 0.1 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 NVDQ","description":"NVDB sets out to return +2 times NVDA each day and NVDQ -2 times. Over the three months to Oct 9, 2026 they finished \u22126.4 pts and \u22126.4 pts away.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nvdb-vs-nvdq","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":7955,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NVDB vs NVDQ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n NVDB vs NVDQ: which held to its multiple?\n\n Over three months against its own daily promise, NVDB finished 3.2 points short and NVDQ 0.1 points over.\n Copy this for sharing \n \n NVDB costs 0.10 points a year less; their one-year returns differ by 62.1 points; NVDQ is 2.7 times larger.\n NVDB and NVDQ at a glance. As of Oct 9, 2026. Source: ETFIQ. NVDB NVDQ \n Expense ratio 0.95% 1.05% \n Net assets, NVDB as of Oct 9, 2026 and NVDQ as of Oct 8, 2026 $5m $14m \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 NVDQ, data as of Oct 9, 2026. https://etfiq.com/compare/leverage/nvdb-vs-nvdq","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":"NVDQ","name":"T-REX 2X INVERSE NVIDIA DAILY TARGET ETF","issuer":"T-REX","desk":"leverage","as_of":"2026-10-09","verdict":"Three months to Oct 9, 2026: NVDQ returned \u221224.0% where its own daily promise gave \u221224.1%, 0.1 points over.","url":"https://etfiq.com/funds/nvdq","key_facts":[{"label":"What NVDA did","value":"+8.8%","as_of":"2026-10-09","source":null},{"label":"What \u22122 times a day gives","value":"\u221224.1%","as_of":"2026-10-09","source":null},{"label":"What the fund returned","value":"\u221224.0%","as_of":"2026-10-09","source":null},{"label":"The fund itself added","value":"+0.1 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$14m","as_of":"2026-10-09","source":"issuer page, as of Oct 8, 2026"},{"label":"Expense ratio","value":"1.05%","as_of":"2026-10-09","source":"485BPOS XBRL, Oct 28, 2025"}]},"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-nvdq"}