# NVTX (Tradr 2X Long NVTS Daily ETF)

Tradr · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: NVTX returned −62.4% where its own daily promise gave −59.9%, 2.5 points short.

## Key facts

- NVTX, what NVTS did: −29.8%, as of Sep 30, 2026.
- NVTX, what 2 times a day gives: −59.9%, as of Sep 30, 2026.
- NVTX, what the fund returned: −62.4%, as of Sep 30, 2026.
- NVTX, the fund itself cost: −2.5 pts, as of Sep 30, 2026.
- NVTX, net assets: $41m (the issuer’s own daily fund list, as of Sep 30, 2026).
- NVTX, expense ratio: 2.81% (485BPOS XBRL, Jul 23, 2026).

## NVTX over each window to Sep 30, 2026

| Window | Fund | NVTS | +2x the move | Difference | NVTS moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −4.1% | +0.2% | +0.3% | −4.5 pts | 62% |
| 3 months | −62.4% | −29.8% | −59.5% | −2.9 pts | 89% |
| 6 months | −22.5% | +36.0% | +71.9% | −94.4 pts | 125% |
| 1 year | −52.8% | +60.8% | +121.6% | −174.4 pts | 126% |
| Since launch | −31.6% | +101.6% | not meaningful over this window | not meaningful over this window | 124% |

## 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 | +2.1 times, against +2 stated | ETFIQ |
| Underlying | NVTS | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $41m | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 2.81% | 485BPOS XBRL, Jul 23, 2026 |
| Launched | Sep 9, 2025 | ETFIQ |
| Underlying volatility over the window | 89% annualized | ETFIQ |

## Questions

### Did NVTX return +2 times NVTS?

Over the window to Sep 30, 2026, NVTS moved −29.8% and NVTX returned −62.4%. 2 times that move is −59.5%, so the fund came out 2.9 points short 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 figure itself.


## Cite this page

ETFIQ, NVTX, data as of Sep 30, 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