{"url":"https://etfiq.com/compare/leverage/nvds-vs-nvdu","section":"compare","title":"NVDS vs NVDU: which held to its multiple? | ETFIQ","description":"NVDS sets out to return -1.5 times NVDA each day and NVDU +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22125.2 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, NVDS or NVDU?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, NVDS finished 0.1 points from what its multiple implies and NVDU finished 5.2 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 NVDS and NVDU levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on NVIDIA, NVDS at -1.5 times and NVDU at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, NVDS or NVDU?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window NVDS\u2019s moved at 38% annualized and NVDU\u2019s at 38%, so NVDS has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold NVDS or NVDU 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, NVDS or NVDU?","acceptedAnswer":{"@type":"Answer","text":"NVDS charges 1.15% a year and NVDU charges 0.92%, so NVDU 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":"NVDS vs NVDU","item":"https://etfiq.com/compare/leverage/nvds-vs-nvdu"}]},{"@type":"WebPage","name":"NVDS vs NVDU: which held to its multiple?","description":"NVDS sets out to return -1.5 times NVDA each day and NVDU +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22125.2 pts away.","url":"https://etfiq.com/compare/leverage/nvds-vs-nvdu","dateModified":"2026-09-30","abstract":"Over three months against its own daily promise, NVDS finished 1.4 points over and NVDU 2.9 points short.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NVDS and NVDU","description":"NVDS sets out to return -1.5 times NVDA each day and NVDU +2 times. Over the three months to Sep 30, 2026 they finished \u22120.1 pts and \u22125.2 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/nvds-vs-nvdu","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":7182,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / NVDS vs NVDU \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n NVDS vs NVDU: which held to its multiple?\n\n Over three months against its own daily promise, NVDS finished 1.4 points over and NVDU 2.9 points short.\n Copy this for sharing \n \n Tradr 1.5X Short NVDA Daily ETF and Direxion Daily NVDA Bull 2X ETF.\n\n Download as PDF \n\n \u221223.7% NVDS returned, 3 months \n +26.3% NVDU returned, 3 months \n \u22120.1 pts NVDS from its stated multiple \n \u22125.2 pts NVDU from its stated multiple \n\n ETFIQ Decay Resistance Score: NVDU scores higher\n Did it ke","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/nvds-vs-nvdu","a":{"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"}]},"b":{"ticker":"NVDU","name":"Direxion Daily NVDA Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: NVDU returned +26.3% where its own daily promise gave +29.2%, 2.9 points short.","url":"https://etfiq.com/funds/nvdu","key_facts":[{"label":"What NVDA did","value":"+15.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+29.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+26.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$532m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.92%","as_of":"2026-09-30","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/nvds-vs-nvdu"}