# NVTX (Tradr 2X Long NVTS Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 11, 2026

Three months to Sep 11, 2026: NVTX returned −81.9% where its own daily promise gave −80.7%, 1.1 points short.

## Key facts

- NVTX, what NVTS did: −50.3%, as of Sep 11, 2026.
- NVTX, what +2 times a day gives: −80.7%, as of Sep 11, 2026.
- NVTX, what the fund returned: −81.9%, as of Sep 11, 2026.
- NVTX, the fund itself cost: −1.1 pts, as of Sep 11, 2026.
- NVTX, net assets: $43m (source, as filed for Jun 30, 2026).
- NVTX, expense ratio: 2.81% (485BPOS XBRL, Jul 23, 2026).

## NVTX over each window to Sep 11, 2026

| Window | Fund | NVTS | +2x the move | Difference | NVTS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −34.8% | −16.5% | −33.0% | −1.8 pts | 66% |
| 3 months | −81.9% | −50.3% | −100.6% | +18.7 pts | 95% |
| 6 months | −45.8% | +15.2% | +30.3% | −76.0 pts | 127% |
| 1 year | −35.8% | +91.3% | +182.6% | −218.3 pts | 126% |
| Since launch | −29.5% | +101.9% | not meaningful over this window | not meaningful over this window | 126% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of NVTS, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +1.63 times, against +2 stated | ETFIQ |
| Underlying | NVTS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $43m | source, as filed for Jun 30, 2026 |
| Expense ratio | 2.81% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Sep 9, 2025 | ETFIQ |
| Underlying volatility over the window | 95% annualized | ETFIQ |

## Questions

### Did NVTX return +2 times NVTS?

Over the window to Sep 11, 2026, NVTS moved −50.3% and NVTX returned −81.9%. 2 times that move is −100.6%, so the fund came out 18.7 points ahead of it.

### Why does NVTX not return +2 times over a year?

Because it resets daily. NVTX aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x NVTS ETF tracked its stated multiple most closely?

2 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic.


## Cite this page

ETFIQ, NVTX, data as of Sep 11, 2026. https://etfiq.com/funds/NVTX
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/NVTX  ·  JSON: https://etfiq.com/funds/NVTX.json