NVDU vs NVDW

NVDUBDirexion Daily NVDA Bull 2X ETF

NVDWBRoundhill NVDA WeeklyPay ETF

In short

NVDU NVDU 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.

NVDW The other leveraged NVDA funds reset daily at 2x. NVDW takes a milder 1.2x, resets at the end of each calendar week, and makes paying weekly distributions its primary stated objective.

Stated mandate

NVDU 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.

NVDW The Fund seeks to provide weekly distributions and calendar-week returns equal to 1.2 times the calendar-week total return of Nvidia common shares, before fees and expenses.

Why people hold it

• NVDU 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.

• NVDW Where the 2x NVDA crowd resets daily, NVDW resets exposure to roughly 1.2x at the last close of each calendar week, so the compounding math works week to week.sec.gov
• Mild leverage by category standards: a calendar-week move about 20% bigger than NVDA's, up or down, before fees. It has stayed close to that stated target.roundhillinvestments.com
• Paying weekly distributions is the fund's primary objective in the prospectus; the 1.2x NVDA exposure is the secondary one. Income cadence first, amplification second.sec.gov
• At 1.00%, the fee sits near the median of the eight leveraged NVDA funds we grade, between NVDB's 0.95% (net of a waiver through September 30, 2027) and NVDL's 1.05%.

Worth knowing

• NVDU 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.

• NVDW Roundhill notes distributions can exceed the fund's income and gains; the excess is treated as return of capital, which lowers your cost basis rather than adding to it.roundhillinvestments.com
• The 1.2x target applies to a calendar week only. Hold across multiple weeks and your result can drift from 1.2x NVDA's move over that stretch.sec.gov
• Leverage on one stock cuts both ways: the prospectus states the full principal value can be lost within a single week, and the fund launched in 2025, so its record is short.sec.gov

Full NVDU profile⁠

Full NVDW profile⁠