{"url":"https://etfiq.com/compare/leverage/nvdd-vs-nvds","section":"compare","title":"NVDD vs NVDS: which held to its multiple? | ETFIQ","description":"NVDD sets out to return -1 times NVDA each day and NVDS -1.5 times. Over the three months to Sep 30, 2026 they finished +0.6 pts and \u22120.1 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NVDD or NVDS?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, NVDD finished 0.6 points from what its multiple implies and NVDS finished 0.1 points from its own, so NVDS came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are NVDD and NVDS levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on NVIDIA, NVDD at -1 times and NVDS at -1.5 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NVDD or NVDS?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NVDD\u2019s moved at 38% annualized and NVDS\u2019s at 38%, so NVDD has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold NVDD or NVDS 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, NVDD or NVDS?","acceptedAnswer":{"@type":"Answer","text":"NVDD charges 1.01% a year and NVDS charges 1.15%, so NVDD 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":"NVDD vs NVDS","item":"https://etfiq.com/compare/leverage/nvdd-vs-nvds"}]},{"@type":"WebPage","name":"NVDD vs NVDS: which held to its multiple?","description":"NVDD sets out to return -1 times NVDA each day and NVDS -1.5 times. Over the three months to Sep 30, 2026 they finished +0.6 pts and \u22120.1 pts away.","url":"https://etfiq.com/compare/leverage/nvdd-vs-nvds","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, NVDD finished 1.6 points over and NVDS 1.4 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 NVDD and NVDS","description":"NVDD sets out to return -1 times NVDA each day and NVDS -1.5 times. Over the three months to Sep 30, 2026 they finished +0.6 pts and \u22120.1 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nvdd-vs-nvds","license":"https://etfiq.com/standards/","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":6859,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NVDD vs NVDS \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n NVDD vs NVDS: which held to its multiple?\n\n Over three months against its own daily promise, NVDD finished 1.6 points over and NVDS 1.4 points over.\n Copy this for sharing \n \n Direxion Daily NVDA Bear 1X ETF and Tradr 1.5X Short NVDA Daily ETF.\n\n Download as PDF \n\n \u221215.1% NVDD returned, 3 months \n \u221223.7% NVDS returned, 3 months \n +0.6 pts NVDD from its stated multiple \n \u22120.1 pts NVDS from its stated multiple \n\n ETFIQ Decay Resistance Score: NVDD scores higher\n Did it kee","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/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/nvdd-vs-nvds","a":{"ticker":"NVDD","name":"Direxion Daily NVDA Bear 1X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NVDD returned \u221215.1% where its own daily promise gave \u221216.7%, 1.6 points over.","url":"https://etfiq.com/funds/nvdd","key_facts":[{"label":"What NVDA did","value":"+15.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121 times a day gives","value":"\u221216.7%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$15m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.01%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"b":{"ticker":"NVDS","name":"Tradr 1.5X Short NVDA Daily ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NVDS returned \u221223.7% where its own daily promise gave \u221225.1%, 1.4 points over.","url":"https://etfiq.com/funds/nvds","key_facts":[{"label":"What NVDA did","value":"+15.7%","as_of":"2026-09-30","source":null},{"label":"What \u22121.5 times a day gives","value":"\u221225.1%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221223.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself added","value":"+1.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$11m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.15%","as_of":"2026-09-30","source":"485BPOS XBRL, Jul 23, 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/nvdd-vs-nvds"}