NVDB ProShares Ultra NVDA

Aims to return twice the daily move of NVIDIA (NVDA)ProShares0.95% fee$5mFirst traded Sep 10, 2025Fund page at the issuer ↗SEC filings ↗Every ProShares fund ETFIQ covers
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Three months to Oct 9, 2026: NVDB returned +11.2% where its own daily promise gave +14.4%, 3.2 points short.

+8.8%
What NVDA did
+14.4%
What 2 times a day gives
+11.2%
What the fund returned
−3.2 pts
The fund itself cost
What it aimed at, and what it did
1.7 pts short of its stated multipleNVDB returned +3.5% while 2 times NVDA's move would have been +5.3%. Figures from Sep 9, 2026 to Oct 9, 2026.NVDA +2.6% ×2 implies+5.3%NVDB returned+3.5%1.7 pts short of its stated multipleNVDB returned +3.5% while 2 times NVDA's move would have been +5.3%. Figures from Sep 9, 2026 to Oct 9, 2026.NVDA +2.6% ×2 implies+5.3%NVDB returned+3.5%

Over the 1 month to Oct 9, 2026, NVDB returned +3.5%, where 2 times that move implies +5.3%. The difference is −1.7 pts. Of that, daily compounding is −0.5 pts and the fund itself −1.2 pts against its own daily promise.

6.4 pts short of its stated multipleNVDB returned +11.2% while 2 times NVDA's move would have been +17.6%. Figures from Jul 10, 2026 to Oct 9, 2026.NVDA +8.8% ×2 implies+17.6%NVDB returned+11.2%6.4 pts short of its stated multipleNVDB returned +11.2% while 2 times NVDA's move would have been +17.6%. Figures from Jul 10, 2026 to Oct 9, 2026.NVDA +8.8% ×2 implies+17.6%NVDB returned+11.2%

Over the 3 months to Oct 9, 2026, NVDB returned +11.2%, where 2 times that move implies +17.6%. The difference is −6.4 pts. Of that, daily compounding is −3.2 pts and the fund itself −3.2 pts against its own daily promise.

13.9 pts short of its stated multipleNVDB returned +29.7% while 2 times NVDA's move would have been +43.7%. Figures from Apr 10, 2026 to Oct 9, 2026.NVDA +21.8% ×2 implies+43.7%NVDB returned+29.7%13.9 pts short of its stated multipleNVDB returned +29.7% while 2 times NVDA's move would have been +43.7%. Figures from Apr 10, 2026 to Oct 9, 2026.NVDA +21.8% ×2 implies+43.7%NVDB returned+29.7%

Over the 6 months to Oct 9, 2026, NVDB returned +29.7%, where 2 times that move implies +43.7%. The difference is −13.9 pts. Of that, daily compounding is −5.8 pts and the fund itself −8.1 pts against its own daily promise.

29.7 pts short of its stated multipleNVDB returned +9.0% while 2 times NVDA's move would have been +38.7%. Figures from Oct 9, 2025 to Oct 9, 2026.NVDA +19.4% ×2 implies+38.7%NVDB returned+9.0%29.7 pts short of its stated multipleNVDB returned +9.0% while 2 times NVDA's move would have been +38.7%. Figures from Oct 9, 2025 to Oct 9, 2026.NVDA +19.4% ×2 implies+38.7%NVDB returned+9.0%

Over the 1 year to Oct 9, 2026, NVDB returned +9.0%, where 2 times that move implies +38.7%. The difference is −29.7 pts. Of that, daily compounding is −15.0 pts and the fund itself −14.7 pts against its own daily promise.

32.9 pts short of its stated multipleNVDB returned +26.3% while 2 times NVDA's move would have been +59.2%. Figures from Sep 10, 2025 to Oct 9, 2026.NVDA +29.6% ×2 implies+59.2%NVDB returned+26.3%32.9 pts short of its stated multipleNVDB returned +26.3% while 2 times NVDA's move would have been +59.2%. Figures from Sep 10, 2025 to Oct 9, 2026.NVDA +29.6% ×2 implies+59.2%NVDB returned+26.3%

From launch to Oct 9, 2026, NVDB returned +26.3%, where 2 times that move implies +59.2%. The difference is −32.9 pts. Of that, daily compounding is −14.2 pts and the fund itself −18.7 pts against its own daily promise.

ETFIQ Decay Resistance Score
37.4324th of 517

NVDB finished 3.2 points short of what +2 times NVDA’s daily move would have given, compounded through the same days.

points against its own daily promise, compounded−3.2 pts · 37th pct
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Did it keep up with its own daily multiple, compounded day by day?

Points against its own daily promise, compounded
MRNX −32.3 ptsPUR −18.1 ptsBMNG −16.1 ptsMSTX −15.2 ptsSMCC −14.9 ptsBMNU −14.4 ptsMSTU −13.8 ptsSMCX −13.0 ptsMSTP −12.2 ptsBNMC −10.9 ptsGDXU −10.9 ptsGMEU −10.8 ptsXOVL −10.8 ptsPLTG −10.3 ptsXXRP −9.8 ptsSMCL −9.2 ptsUMAL −9.2 ptsCRWL −9.1 ptsETHT −8.8 ptsSOLT −8.8 ptsMSTC −8.6 ptsONDL −8.5 ptsOKTG −8.4 ptsPOEL −8.2 ptsHPEL −8.1 pts, and 1 more at this point: PLTA −8.1 ptsINFH −8.1 ptsOSCX −8.1 ptsAMPU −7.4 ptsSPYU −7.4 ptsEVMU −7.1 ptsFUTG −7.0 pts, and 3 more at this point: UXRP −7.0 pts, BEC −6.9 pts, BLSG −6.9 ptsLITU −7.0 ptsPUL −7.0 ptsCRCA −6.8 pts, and 2 more at this point: RGTX −6.8 pts, SBTU −6.8 ptsRDWU −6.7 ptsNOWL −6.6 ptsNETG −6.5 ptsCRMG −6.3 ptsFNGU −6.2 pts, and 2 more at this point: PLTL −6.2 pts, CRCG −6.1 ptsLUNL −6.2 ptsONDC −6.2 ptsIONX −6.0 pts, and 1 more at this point: SOUX −6.0 ptsETHU −5.9 ptsBTCL −5.8 pts, and 2 more at this point: MVLL −5.8 pts, SPCU −5.8 ptsHIMZ −5.8 ptsBITU −5.7 pts, and 5 more at this point: DJTU −5.7 pts, KEYG −5.7 pts, PLTU −5.7 pts, PTIR −5.7 pts, XCOM −5.7 ptsGEMG −5.6 ptsMUU −5.5 ptsANEL −5.4 pts, and 3 more at this point: BEG −5.4 pts, KORU −5.4 pts, MULL −5.4 ptsAXTU −5.4 ptsSMTG −5.3 pts, and 1 more at this point: SPCH −5.3 ptsAVXX −5.2 pts, and 4 more at this point: ETU −5.2 pts, PYPG −5.2 pts, SLON −5.2 pts, SPCF −5.2 ptsIRE −5.1 pts, and 2 more at this point: SHNY −5.1 pts, VELL −5.1 ptsMSFX −5.1 ptsFIGG −5.0 pts, and 4 more at this point: MSFC −5.0 pts, SNAG −5.0 pts, TSMU −5.0 pts, UPLT −5.0 ptsBITX −4.9 pts, and 4 more at this point: COIA −4.9 pts, DUOG −4.9 pts, LITX −4.9 pts, PANG −4.9 ptsTARK −4.8 ptsAXTL −4.7 pts, and 4 more at this point: BTCU −4.7 pts, KEYX −4.7 pts, PDDL −4.7 pts, VSTL −4.7 ptsAXTX −4.7 ptsAPHG −4.6 pts, and 7 more at this point: BRZX −4.6 pts, ENTL −4.6 pts, FCXG −4.6 pts, MSFL −4.6 pts, NUG −4.6 pts, NVDG −4.6 pts, QSU −4.6 ptsCOPZ −4.5 pts, and 4 more at this point: FOMG −4.5 pts, RIOX −4.5 pts, SHPU −4.5 pts, XAGI −4.5 ptsAFRU −4.4 pts, and 3 more at this point: LOFF −4.4 pts, UCOP −4.4 pts, XRPT −4.4 ptsCAMC −4.4 ptsCONL −4.3 pts, and 4 more at this point: DRAL −4.3 pts, PYPU −4.3 pts, RKLX −4.3 pts, XLEX −4.3 ptsADIU −4.2 pts, and 5 more at this point: LNOK −4.2 pts, MSFU −4.2 pts, SOFX −4.2 pts, SPAX −4.2 pts, TELG −4.2 ptsAMDG −4.1 pts, and 5 more at this point: AMZG −4.1 pts, GMEC −4.1 pts, SOXL −4.1 pts, TERG −4.1 pts, XTAI −4.1 ptsAMDL −4.1 ptsADBG −4.0 pts, and 4 more at this point: CRMU −4.0 pts, KTUP −4.0 pts, TSEG −4.0 pts, UMCX −4.0 ptsAPHU −3.9 pts, and 10 more at this point: CONX −3.9 pts, DLLL −3.9 pts, FGRU −3.9 pts, HOOG −3.9 pts, KMLI −3.9 pts, MTSG −3.9 pts, ONDU −3.9 pts, SNOU −3.9 pts, TSMG −3.9 pts, TWSC −3.9 ptsCOIG −3.8 pts, and 6 more at this point: FDRX −3.8 pts, NVDX −3.8 pts, PALU −3.8 pts, RCAX −3.8 pts, TERC −3.8 pts, UPAL −3.8 ptsECHX −3.8 ptsAEHG −3.7 pts, and 7 more at this point: CIR −3.7 pts, FBX −3.7 pts, HOOX −3.7 pts, NEMG −3.7 pts, ROBN −3.7 pts, SNDC −3.7 pts, VIAG −3.7 ptsAAOG −3.6 pts, and 5 more at this point: ONDG −3.6 pts, PATX −3.6 pts, SPOG −3.6 pts, TEMT −3.6 pts, VALG −3.6 ptsLLYX −3.5 pts, and 2 more at this point: QUBX −3.5 pts, SNDU −3.5 ptsPLU −3.5 ptsARCX −3.4 pts, and 8 more at this point: CCUP −3.4 pts, CIEG −3.4 pts, FNG −3.4 pts, HIBL −3.4 pts, OKLL −3.4 pts, RAM −3.4 pts, UNHG −3.4 pts, XOMX −3.4 ptsASMG −3.3 pts, and 5 more at this point: CDNG −3.3 pts, CEGX −3.3 pts, KEEX −3.3 pts, MRVU −3.3 pts, MSIX −3.3 ptsCRMX −3.2 pts, and 5 more at this point: INTW −3.2 pts, IONL −3.2 pts, METG −3.2 pts, SMU −3.2 pts, TSMX −3.2 ptsGOOX −3.2 ptsAAOX −3.1 pts, and 8 more at this point: ADBU −3.1 pts, BEX −3.1 pts, COTG −3.1 pts, HONG −3.1 pts, KJD −3.1 pts, NBIG −3.1 pts, NVOX −3.1 pts, OSSL −3.1 ptsAAPX −3.0 pts, and 12 more at this point: AMDC −3.0 pts, AVGU −3.0 pts, BAIG −3.0 pts, ELIL −3.0 pts, NEBX −3.0 pts, ORCX −3.0 pts, SPAL −3.0 pts, TSLT −3.0 pts, UBR −3.0 pts, XIWC −3.0 pts, XW −3.0 pts, XYZG −3.0 ptsACHX −2.9 pts, and 16 more at this point: CURE −2.9 pts, EUVX −2.9 pts, FPSX −2.9 pts, HODU −2.9 pts, HOOC −2.9 pts, JBLG −2.9 pts, LRNX −2.9 pts, MIC −2.9 pts, MPWC −2.9 pts, NFLU −2.9 pts, STXL −2.9 pts, TQQQ −2.9 pts, XEUR −2.9 pts, XLBX −2.9 pts, XLFX −2.9 pts, XLIX −2.9 ptsCRWG −2.9 ptsAMA −2.8 pts, and 19 more at this point: AMAA −2.8 pts, AMUU −2.8 pts, AMZU −2.8 pts, ASMZ −2.8 pts, ASTG −2.8 pts, ASTY −2.8 pts, CCPX −2.8 pts, CLSX −2.8 pts, KPDD −2.8 pts, MCHG −2.8 pts, NVDL −2.8 pts, ORCU −2.8 pts, TECL −2.8 pts, UECG −2.8 pts, UPRO −2.8 pts, USLV −2.8 pts, XBIX −2.8 pts, XLKX −2.8 pts, YINN −2.8 ptsAAPE −2.7 pts, and 15 more at this point: AMKL −2.7 pts, BABU −2.7 pts, BBUL −2.7 pts, FBL −2.7 pts, GEVC −2.7 pts, INT −2.7 pts, LITC −2.7 pts, PBRG −2.7 pts, PLUL −2.7 pts, SPXL −2.7 pts, TEMC −2.7 pts, UN −2.7 pts, UNHU −2.7 pts, WEBL −2.7 pts, XLVX −2.7 ptsAAPU −2.6 pts, and 13 more at this point: ASMU −2.6 pts, AVGC −2.6 pts, AVGG −2.6 pts, CARX −2.6 pts, GOOL −2.6 pts, IOSX −2.6 pts, NBIL −2.6 pts, NVDU −2.6 pts, RTXG −2.6 pts, UNX −2.6 pts, USX −2.6 pts, XHOA −2.6 pts, XSEM −2.6 ptsALBG −2.6 ptsARMG −2.5 pts, and 23 more at this point: CIEX −2.5 pts, CSCL −2.5 pts, EDC −2.5 pts, FLYT −2.5 pts, GEVG −2.5 pts, GLGG −2.5 pts, GOGL −2.5 pts, GOU −2.5 pts, KBAB −2.5 pts, LMTL −2.5 pts, LULG −2.5 pts, METU −2.5 pts, MPG −2.5 pts, MPWX −2.5 pts, NVTX −2.5 pts, ORAC −2.5 pts, QBTX −2.5 pts, QCMU −2.5 pts, STXU −2.5 pts, TAJX −2.5 pts, TSLI −2.5 pts, UDOW −2.5 pts, UGLD −2.5 ptsAMAU −2.4 pts, and 18 more at this point: AVGX −2.4 pts, AXTC −2.4 pts, CRWX −2.4 pts, EMXX −2.4 pts, IREX −2.4 pts, KRWX −2.4 pts, MNSX −2.4 pts, NFX −2.4 pts, NXPG −2.4 pts, ONTX −2.4 pts, PONX −2.4 pts, RMBC −2.4 pts, RMBX −2.4 pts, SIMX −2.4 pts, TSLL −2.4 pts, WANT −2.4 pts, WEBX −2.4 pts, WX −2.4 ptsAPLX −2.3 pts, and 16 more at this point: BABC −2.3 pts, COHH −2.3 pts, DUSL −2.3 pts, EURL −2.3 pts, FAS −2.3 pts, GLXU −2.3 pts, MIDU −2.3 pts, NVC −2.3 pts, RGTU −2.3 pts, SPCM −2.3 pts, TSLG −2.3 pts, UMDD −2.3 pts, XKRE −2.3 pts, XLPX −2.3 pts, XLYX −2.3 pts, XPAV −2.3 ptsASUP −2.3 ptsACLZ −2.2 pts, and 12 more at this point: BRZU −2.2 pts, CBRG −2.2 pts, GGLL −2.2 pts, GLWG −2.2 pts, MEXX −2.2 pts, NFXL −2.2 pts, QCML −2.2 pts, SOFA −2.2 pts, TMF −2.2 pts, TYD −2.2 pts, USGG −2.2 pts, XLUX −2.2 ptsAALG −2.1 pts, and 15 more at this point: BOEG −2.1 pts, CATG −2.1 pts, CWVX −2.1 pts, GRAG −2.1 pts, HUTG −2.1 pts, LABU −2.1 pts, LINT −2.1 pts, LRCC −2.1 pts, RDTL −2.1 pts, RVNL −2.1 pts, SNDG −2.1 pts, TESC −2.1 pts, TSEU −2.1 pts, URTY −2.1 pts, VRTL −2.1 ptsBABX −2.0 pts, and 12 more at this point: JNUG −2.0 pts, ONG −2.0 pts, RETL −2.0 pts, SMRX −2.0 pts, SOFC −2.0 pts, TNA −2.0 pts, TSLR −2.0 pts, TTMX −2.0 pts, TXNU −2.0 pts, UBRL −2.0 pts, URAA −2.0 pts, UTSL −2.0 ptsISUL −2.0 ptsAPMI −1.9 pts, and 15 more at this point: AVL −1.9 pts, COHC −1.9 pts, CRDU −1.9 pts, DRN −1.9 pts, GUSH −1.9 pts, IREG −1.9 pts, JOBX −1.9 pts, LEUX −1.9 pts, NUGT −1.9 pts, RBLU −1.9 pts, SKYU −1.9 pts, SMUP −1.9 pts, TTDU −1.9 pts, UUUG −1.9 pts, XQTM −1.9 ptsAMZZ −1.8 pts, and 11 more at this point: ASTX −1.8 pts, BOEU −1.8 pts, CIFG −1.8 pts, COHX −1.8 pts, COZX −1.8 pts, GEVX −1.8 pts, GLX −1.8 pts, IONC −1.8 pts, RXL −1.8 pts, TPLX −1.8 pts, WULX −1.8 ptsAAPB −1.7 pts, and 10 more at this point: CRWU −1.7 pts, CSEX −1.7 pts, DIG −1.7 pts, FNGG −1.7 pts, LRCU −1.7 pts, NVTC −1.7 pts, OKLC −1.7 pts, ROM −1.7 pts, TPOR −1.7 pts, UVIX −1.7 ptsACMM −1.7 ptsCIFU −1.6 pts, and 8 more at this point: EZJ −1.6 pts, FNGO −1.6 pts, GFSG −1.6 pts, JOBC −1.6 pts, NIOG −1.6 pts, RKX −1.6 pts, SNXX −1.6 pts, UPSX −1.6 ptsCBRX −1.5 pts, and 12 more at this point: DDM −1.5 pts, DPST −1.5 pts, ERX −1.5 pts, KLAG −1.5 pts, MCHU −1.5 pts, NAIL −1.5 pts, QLD −1.5 pts, UBOT −1.5 pts, UPV −1.5 pts, UPW −1.5 pts, UXI −1.5 pts, XPEG −1.5 ptsAGQ −1.4 pts, and 17 more at this point: BIB −1.4 pts, CWEB −1.4 pts, DFEN −1.4 pts, IBX −1.4 pts, KBDU −1.4 pts, LABX −1.4 pts, LTL −1.4 pts, MRAL −1.4 pts, QQXL −1.4 pts, SSO −1.4 pts, STXX −1.4 pts, UCC −1.4 pts, URE −1.4 pts, URSP −1.4 pts, UUUC −1.4 pts, UYM −1.4 pts, WYFL −1.4 ptsARMA −1.4 ptsBIDG −1.3 pts, and 11 more at this point: COIX −1.3 pts, EET −1.3 pts, MVV −1.3 pts, NXPX −1.3 pts, ONX −1.3 pts, SAA −1.3 pts, SPUU −1.3 pts, UGE −1.3 pts, USAX −1.3 pts, WDCX −1.3 pts, XPP −1.3 ptsALA −1.2 pts, and 7 more at this point: CRUC −1.2 pts, EFO −1.2 pts, EOSU −1.2 pts, OPEX −1.2 pts, UBT −1.2 pts, UWM −1.2 pts, UYG −1.2 ptsASTT −1.1 pts, and 3 more at this point: INDL −1.1 pts, UCTX −1.1 pts, WDCC −1.1 ptsCIFC −1.1 ptsPILL −1.0 pts, and 4 more at this point: QUA −1.0 pts, UGL −1.0 pts, UPSC −1.0 pts, UST −1.0 ptsAMKX −0.9 pts, and 2 more at this point: CPXR −0.9 pts, OPEG −0.9 ptsAPPX −0.8 pts, and 2 more at this point: TSL −0.8 pts, UCO −0.8 ptsTEUP −0.8 ptsCHAU −0.7 ptsAPPC −0.6 ptsXNDX −0.5 ptsEO −0.4 ptsCPNX −0.3 ptsLASC +0.3 ptsNVDB −3.2 ptsNVDB −3.2 pts−32.3 pts+0.3 pts
−32.3 pts to +0.3 pts across 517

That is the share of the 517 leveraged ETFs, long, over three months sitting at or below NVDB.

A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another category's.

WindowFundNVDA+2x the moveDifferenceNVDA moved about, annualized
1M Sep 9 – Oct 9, 2026+3.5%+2.6%+5.3%−1.7 pts25%
3M Jul 10 – Oct 9, 2026+11.2%+8.8%+17.6%−6.4 pts37%
6M Apr 10 – Oct 9, 2026+29.7%+21.8%+43.7%−13.9 pts39%
1Y Oct 9, 2025 – Oct 9, 2026+9.0%+19.4%+38.7%−29.7 pts38%
Since launch Sep 10, 2025 – Oct 9, 2026+26.3%+29.6%+59.2%−32.9 pts37%

Source: ETFIQ.

Money in and out

Daily figures · as of Oct 9, 2026

NVDB: in the 2 trading days to Oct 9, 2026, net $712k went out.

1D
−$345k
−6.3% of $5.5m on Oct 8, 2026
Oct 9, 2026
Since Sep 2025
+$10.8m
Sep 1, 2025 to Oct 9, 2026
SEC filings, then daily counts
Net flow each trading day
Net flow into NVDB each trading day, Jul 14, 2026 to Oct 9, 2026−$367k−$345kmonthly, from SEC filingsdaily, from ProShares+$367k−$367kJul 14, 2026Oct 9, 2026

NVDB, net flow each trading day over the 63 sessions from Jul 14, 2026 to Oct 9, 2026: money came in on 0 days and went out on 2 days, of the 2 days with a daily figure; the other 61 have none. Before Oct 8, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

Money in on 0 and out on 2 of the 2 days with daily figures; no daily figure for the other 61 of the 63 trading days.

Net flow into NVDB each trading day, Oct 9, 2025 to Oct 9, 2026−$367k−$345kmonthly, from SEC filingsdaily, from ProShares+$367k−$367kOct 9, 2025Oct 9, 2026

NVDB, net flow each trading day over the 252 sessions from Oct 9, 2025 to Oct 9, 2026: money came in on 0 days and went out on 2 days, of the 2 days with a daily figure; the other 250 have none. Before Oct 8, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

Money in on 0 and out on 2 of the 2 days with daily figures; no daily figure for the other 250 of the 252 trading days.

Net flow into NVDB each trading day, Mar 10, 2025 to Oct 9, 2026−$367k−$345kmonthly, from SEC filingsdaily, from ProShares+$367k−$367kMar 10, 2025Oct 9, 2026

NVDB, net flow each trading day over the 400 sessions from Mar 10, 2025 to Oct 9, 2026: money came in on 0 days and went out on 2 days, of the 2 days with a daily figure; the other 398 have none. Before Oct 8, 2026 ETFIQ has the fund’s monthly figures only, from SEC filings: that span is shaded and draws no bars, and its months are in the month by month list.

Money in on 0 and out on 2 of the 2 days with daily figures; no daily figure for the other 398 of the 400 trading days.

Money in, netMoney out, netMonthly basis
Streak
Money out on 2 trading days running, Oct 8, 2026 to Oct 9, 2026, a net −$712k.

ETFIQ’s daily counts for NVDB start Oct 8, 2026, so the 1 week, 1 month, 3 months, year to date and 1 year windows have no daily figure. Every day and month ETFIQ holds for NVDB, back to Sep 2025, is in its flows file. Flows across every fund · How these flows are computed · Compare NVDB with other funds in the flows tool

How this is computed

Computed by ETFIQ from ProShares’s daily figures: each day’s change in shares outstanding times the previous day’s net asset value, dated to the day of the count. Percentages are of net assets at the start of each window. Each figure is net, money in less money out.

Every trading day, last 3 months2 days
Oct 9, 2026 −$345k
Oct 8, 2026 −$367k

Most recent first.

Week by week, last year1 week
Oct 9, 2026 −$712k 2 days

Net flow into NVDB each week, Oct 8, 2026 to Oct 9, 2026, most recent first, each week named by its last trading day with a figure. Computed by ETFIQ.

Month by month, money in and money outSep 2025 to Oct 2026

NVDB, money in and money out each month from Sep 2025 to May 2026: two bars a month, money in above the line and money out below. Every bar is from NVDB’s SEC filings (N-PORT item B.6). Oct 2026 is still in progress, so it is in the list and not drawn. Of the 10 months listed, money came in on net in 7 and went out in 3.

Every bar is from NVDB’s SEC filings (N-PORT item B.6). Of the 10 months listed, money came in on net in 7 and went out in 3.

MonthInOutNet
Oct 2026 ETFIQ, the sum of its days, Oct 8 to Oct 9$0−$712k−$712k
May 2026 SEC Form N-PORT+$1.4m−$740k+$701k
Apr 2026 SEC Form N-PORT+$5.5m−$4.8m+$633k
Mar 2026 SEC Form N-PORT+$771k−$489k+$282k
Feb 2026 SEC Form N-PORT+$2.0m−$1.6m+$412k
Jan 2026 SEC Form N-PORT+$560k−$1.9m−$1.3m
Dec 2025 SEC Form N-PORT+$533k$0+$533k
Nov 2025 SEC Form N-PORT+$603k−$9.5m−$8.9m
Oct 2025 SEC Form N-PORT+$8.8m$0+$8.8m
Sep 2025 SEC Form N-PORT+$10.4m$0+$10.4m

Most recent first.

How this is computed

On a month from SEC Form N-PORT, money in is the filing’s sales plus reinvestments and money out its redemptions. On a month that is the sum of its days, money in sums the days money came in and money out the days it went out.

A month from SEC Form N-PORT is sales and reinvestments less redemptions as filed; a later month is the sum of its days, and says so where a day is missing.

The same trade from 6 issuers · One week

Every fund that sets out to return +2 times NVDA, over the days all of them have been trading. Ranked by how close each came to its own stated multiple.

FundIssuerReturned+2x the moveDifference
NVCCorgi−4.1%−4.0%−0.1 pts
NVDUDirexion−4.1%−4.0%−0.1 pts
NVDXT-REX−4.2%−4.0%−0.2 pts
NVDLGraniteShares−4.3%−4.0%−0.3 pts
NVDBProShares−4.3%−4.0%−0.3 pts
NVDGLeverage Shares−5.7%−4.0%−1.7 pts
The same trade from 6 issuers · One month
FundIssuerReturned+2x the moveDifference
NVCCorgi+4.1%+5.3%−1.2 pts
NVDUDirexion+4.1%+5.3%−1.2 pts
NVDLGraniteShares+3.7%+5.3%−1.5 pts
NVDXT-REX+3.6%+5.3%−1.7 pts
NVDBProShares+3.5%+5.3%−1.7 pts
NVDGLeverage Shares+2.4%+5.3%−2.9 pts
The same trade from 6 issuers · Three months
FundIssuerReturned+2x the moveDifference
NVCCorgi+12.1%+17.6%−5.5 pts
NVDUDirexion+11.8%+17.6%−5.8 pts
NVDLGraniteShares+11.6%+17.6%−6.0 pts
NVDBProShares+11.2%+17.6%−6.4 pts
NVDXT-REX+10.6%+17.6%−7.1 pts
NVDGLeverage Shares+9.8%+17.6%−7.8 pts

NVDA funds at +2x, to Oct 9, 2026. Source: ETFIQ.

Also against NVDL, NVDQ, NVDS, NVDU, NVDX.

In plain words

Summary
Read the multiple against the whole window instead and 2 times NVDA's 8.8% implies +17.6%, which makes NVDB look 6.4 points short. That 6.4 is two pieces: daily compounding, −3.2 points, which happens to any 2 times fund over the same path, and the fund itself, −3.2 points against its own daily promise. NVDB aims to return +2 times NVDA's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. NVDA moved at 37% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.
Sets out to return+2 times the daily move of NVDA, reset daily
Multiple a holder actually got over the window (ETFIQ)+1.27 times, against +2 stated
UnderlyingNVDA
Segmentsingle stock, company
Net assets (issuer page, as of Oct 9, 2026)$5m
Expense ratio (485BPOS XBRL, Sep 25, 2026)0.95%
First tradedSep 10, 2025
Underlying volatility over the window (ETFIQ)37% annualized
What the underlying did, 3 monthsNVDA 8.8%
How this is computed
Returns are ETFIQ calculations from Tiingo end-of-day prices, distributions reinvested, measured against the underlying over exactly the same days. How these figures are computed

Questions people ask about NVDB

Did NVDB return +2 times NVDA?
Over the three months to Oct 9, 2026, NVDA moved +8.8% and NVDB returned +11.2%. 2 times that move is +17.6%, so the fund came out 6.4 points short of it. Against its own daily promise, 2 times each day's move compounded, it was 3.2 points short.
Why does NVDB not return +2 times over a year?
Because it resets daily. NVDB 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 NVDA ETF tracked its stated multiple most closely?
6 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 figure itself.
Sources and dates
Prices, NVDB and NVDATiingo end-of-day prices ↗
Fee, 0.95%SEC 485BPOS XBRL · Sep 25, 2026
Net assets, $5mIssuer page · Oct 9, 2026
IssuerProShares page for NVDB ↗
All fund filingsFund filings on SEC EDGAR ↗
SourceSEC investment company series and class file, which lists every registered fund ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement.

How these figures are computed →Standards and sources →Open data →
Cite this page

ETFIQ, NVDB, leveraged ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/nvdb

Open NVDB live on ETFIQ

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data.

Stated multiple
What the fund sets out to return against its underlying, each day. A fund at 2x aims to return twice the underlying’s daily move, and an inverse fund at -2x aims to return twice it in the opposite direction.
Daily reset
The fund starts each day aiming at the multiple again, from wherever it now stands. It is the mechanism that makes these funds behave as they do, and the reason the stated multiple applies to a day rather than to a holding period.
Compounding
Daily results multiply together rather than adding up. Two days of the multiple is not twice the multiple, and over a run of days the difference between the two grows with how far the underlying moves about.
Decay
What compounding costs a holder when the underlying falls and rises back to where it started. The underlying is level and the fund is down; the more violently it moved, the further down.
Difference against the stated multiple
The fund’s return minus the stated multiple times the underlying’s return, in percentage points. The one figure that says whether a holder got what the fund’s own multiple describes.
Every term used here, defined in full on the leveraged ETFs vocabulary page. →
8th of 10 leveraged ETFs on NVDA, by where they finished against their stated multiple→9th of 10 leveraged and inverse ETFs on NVDA, by net assets→Leveraged ETFs against their own promise, 2026-Q2→Leveraged ETFs against their own promise, 2026-Q3→Leveraged ETFs against their own promise, August 2026→ProShares: every fund ETFIQ covers→Every leveraged ETF on NVDA, largest first→