Direxion Daily NVDA Bull 2X ETF
BThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.
$145.11+2.56 (+1.80%)
- 0.92%
- $523M
- +20.7%
- 4.96%
- 0.3M sh
- $146.17
- low $86.02high $172.89
The ETF.net NVDU Grade
B
Score 67 out of 100
- 2 of 8
Score 67 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.B68 out of 100Rank 3 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.A80 out of 100Rank 5 of 6Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C52 out of 100Rank 4 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B58 out of 100Rank 4 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 2 of 8
Our read on NVDU
BNVDU aims for 200% of NVIDIA's daily move at 0.92% a year, below the usual toll in its corner of the market. The catch sits in the name: it resets every day, so a week's return is its own math, not twice NVDA's week.
NVDU seeks daily investment results, before fees and expenses, equal to 200% of the performance of NVIDIA Corporation common shares. It is designed for daily leveraged exposure rather than to track the stock over longer periods.
Why people hold it
- 0.92% a year, the lightest fee among the 2x NVDA bull funds in its peer set. NVDL and NVDB both sit above 1%.
- Hits what it advertises: day-to-day tracking of the 200% target ranks among the stronger implementations in the NVDA leverage group.
- Runs in the standard 1940 Act ETF wrapper, from a lineup Direxion has built around daily leveraged exposure, and trades steadily enough for routine entries and exits.
Worth knowing
- Daily reset. Hold past one session and returns compound off each close, so choppy stretches can land far from twice NVDA's move over that stretch.
- One stock, doubled. NVIDIA's down days arrive twice as hard, with no diversification to cushion them.
- Direxion built it for daily leveraged exposure rather than longer-term tracking, which puts the monitoring work on the holder.
NVDU Holdings
- Stocks
- 11
- 100%
- Nvda Swap Asset Leg (Nvdactl)
Sectors
- Technology100.0%
NVDU Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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NVDU$12,068
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NVDU |
|---|---|
| Year to date | +23.0% |
| 1 month | +6.3% |
| 3 months | +8.9% |
| 1 year | +20.7% |
| 3 years | +89.3% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NVDU |
|---|---|---|
| 2026 YTD | +23.0% | |
| 2025 | +33.7% | |
| 2024 | +290.2% | |
| 2023 | +10.0% |
NVDU in the news
NVDU Dividends
- 4.96%
- $7.08
- $0.70 per share
- Quarterly
Distribution history
NVDU Risk
This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.
- 72.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.23
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −67.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 3.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NVDU Cost
0.92%
NVDU0.92%
- The middle half of 2x Long Nvidia (NVDA) funds
- Median 1.02%
2 of the 8 2x Long Nvidia (NVDA) funds charge less.
Other funds in 2x Long Nvidia (NVDA)
- BNVDWRoundhill Investments - NVDA WeeklyPay ETFExpense ratio 1.00%1 year return +22.4%
- BNVDGThemes ETF Trust - Leverage Shares 2X Long NVDA Daily ETFExpense ratio 0.75%1 year return +17.3%
- BNVDLGraniteShares 2x Long NVDA Daily ETFExpense ratio 1.06%1 year return +20.3%
- BNVDXT-REX 2X Long NVIDIA Daily Target ETFExpense ratio 1.05%1 year return +14.2%
- CNVDBProShares - Ultra NVDAExpense ratio 1.08%1 year return +18.0%