# NUG Bid-Ask Spread, Liquidity and NAV Premium

> As of Oct 19, 2026, NUG closed +0.11% from its NAV, and on 95% of the 13 days to then it was within ±0.65%. No fund is recommended.

Data as of Oct 22, 2026. Rebuilt every trading night.

As of Oct 22, 2026. Rebuilt every trading night.

## NUG bid-ask spread and liquidity

As of Oct 19, 2026, NUG closed +0.11% from its NAV, and on 95% of the 13 days to then it was within ±0.65%.

### IQ Liquidity Score

Not scored, 1 of 6 measured.

A fixed 0 to 100 scale of trading conditions, the same anchors for every fund; 100 is the easiest to trade. It measures how cheaply and reliably the fund can be bought and sold, not whether to own it. How the score is built

Cost to trade Not measured: the issuer's 30-day median spread is not read for this fund Capacity, 58.1 Holdings can absorb $55m a day, Oct 22, 2026 Price fidelity Not measured: 13 days of closing premium are held, under the 20 needed Primary market Not measured: it first traded on 2025-11-17, and no N-CEN ETF row for series S000096599 is in the quarters read (2024q4 to 2026q3) Bad-day behaviour Not measured: 0 of the 10 worst days and 13 other days are held, under the 5 and 60 needed Depth Not measured: needs trade and quote data (Phase 2)

### Premium or discount to NAV

- Latest close, Oct 19, 2026: +0.11%

- 95% of days within: ±0.65%

- Days more than 1% from NAV: 0 of 13

- Widest: −0.65%, Oct 1, 2026

Close against the NAV its issuer struck the same day, 13 days from Sep 10, 2026 to Oct 19, 2026. Source: ETFIQ from the issuer’s NAV and closing price.

### Capacity

Its holdings can absorb $55m a day, measured on the trading volume of NU, the asset its multiple is on, divided by its multiple of 2, as of Oct 22, 2026. The holding that sets the limit is NU (NU).

### How to trade NUG

When ETF spreads are usually widest in the first minutes after the open and the last minutes before the close. ETFIQ measures this fund’s own day once it has trade data. Size Up to $551,581 is 1% of what its holdings can absorb in a day, for a buy or a sell. Watch The premium. On 95% of days it is within ±0.65%; beyond that a buyer pays more, and a seller gets less, than the holdings are worth.

### Coming with trade data

Spread through the day, buyers against sellers, an estimate of retail flow, large trades and the closing auction’s share, each once ETFIQ has trade and quote data.

### Questions people ask

Does NUG trade at a premium or discount to NAV? It closed +0.11% from its NAV on Oct 19, 2026. On 95% of the 13 days to then it was within ±0.65%, and it closed more than 1% from NAV on 0 of them.

### Sources and dates

- Premium: ETFIQ, close against the issuer’s NAV, Sep 10, 2026 to Oct 19, 2026.

- Capacity: ETFIQ, from each holding’s 20-day median dollar volume, to Oct 22, 2026.

### Where to next

The score measures trading conditions, not the fund. ETFIQ is an independent publisher, not an adviser, and makes no recommendations. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, NUG trading: cost, capacity, premium and dealers, data as of Oct 22, 2026. https://etfiq.com/funds/nug/trading/
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/funds/nug/trading/