{
 "ticker": "NVIB",
 "name": "Direxion NVDA Defined Income Boost ETF",
 "issuer": "Direxion",
 "desk": "income",
 "url": "https://etfiq.com/funds/nvib",
 "html": "https://etfiq.com/funds/nvib",
 "markdown": "https://etfiq.com/funds/nvib.md",
 "as_of": "2026-09-11",
 "verdict": "Since its launch on Jul 29, 2026, NVIB paid 1.9% in cash and finished level with NVDA.",
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "1.9%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NVIB, cash paid, since launch, on its starting price: 1.9%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "+15.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NVIB, total return, since launch: +15.2%, as of Sep 11, 2026."
  },
  {
   "key": "against_nvda",
   "label": "Against NVDA",
   "value": "+0.2 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NVIB, against NVDA: +0.2 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "9.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "NVIB, latest payout, annualized: 9.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Sep 10, 2026",
   "as_of": "2026-09-11",
   "sentence": "NVIB, net assets: $2m (issuer page, as of Sep 10, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.97%",
   "source": "485BPOS XBRL, Jul 21, 2026",
   "as_of": "2026-09-11",
   "sentence": "NVIB, expense ratio: 0.97% (485BPOS XBRL, Jul 21, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "NVIDIA (NVDA)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "not established",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Sep 10, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "9.5%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.97%",
   "source": "485BPOS XBRL, Jul 21, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "1.6%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 29, 2026",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "on no established schedule",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "2 days",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.2173 ex Aug 28, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_2_distributions",
   "label": "Sum of the last 2 distributions",
   "value": "$0.4519",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Cash paid": "1.9%",
   "Price": "+13.3%",
   "Total return": "+15.2%",
   "NVDA": "+15.0%",
   "Ahead or behind": "+0.2 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has NVIB paid over the last year?",
   "a": "Over the period from its launch on Jul 29, 2026 to Sep 11, 2026, NVIB paid 1.9% of its starting price in cash distributions, while the price rose 13.3%."
  },
  {
   "q": "Is NVIB ahead of NVDA?",
   "a": "Over the period from its launch on Jul 29, 2026 to Sep 11, 2026, with every distribution reinvested, NVIB returned +15.2% against +15.0% for NVIDIA (NVDA), so a holder was about even with it by 0.2 points."
  },
  {
   "q": "How often does NVIB pay, and how much?",
   "a": "NVIB pays on no established schedule. The latest distribution annualizes to 9.5% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does NVIB next pay a distribution?",
   "a": "NVIB pays on no established schedule. The last distribution went ex on Aug 28, 2026 at $0.2173 a share."
  },
  {
   "q": "What does NVIB cost?",
   "a": "The prospectus expense ratio is 0.97% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}