NVD ETF — GraniteShares 2x Short NVDA Daily ETF
GraniteShares 2x Short NVDA Daily ETF (NVD)
NVD is an ETF that tracks the NVIDIA (NVDA). As of August 19, 2026, its distribution rate is 20.57%, its trailing-12-month yield is 20.57%, its expense ratio is 1.35%. Fund total return is -99.1% over the past 3 years, 481.2 points behind NVDA at 382.1%.
At the current 20.57% distribution rate, a $10,000 investment would generate approximately $2,057 per year, or $171.42 per month on an equivalent basis. Actual annual payments vary.
NVD dividend yield and income
Data as of August 19, 2026.
The distribution rate (20.57%) is the latest posted forward yield, paid annual. Trailing-12-month yield (20.57%) is the last year of payments divided by the current price. The last dividend was $0.8456. The last ex-dividend date was 12/29/2025. It was paid on 12/31/2025. At 20.57%, $10,000 would generate about $2,057 a year ($171.42 monthly-equivalent).
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2025-12-29 | $0.846 | -67.6% |
| 2024-12-27 | $2.608 | -96.5% |
| 2023-12-27 | $75.125 | — |
| 2023 total | $75.125 | — |
| 2024 total | $2.608 | -96.5% |
| 2025 total | $0.846 | -67.6% |
NVD dividend growth
| Window | Change |
|---|---|
| 1Y | -67.6% |
NVD performance versus NVDA
Data as of August 19, 2026.
Fund total return is -99.1% over the past 3 years, 481.2 points behind NVDA at 382.1%. Its deepest 1-year drawdown was 60.2%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (3 years) | -99.1% | -79.30% |
NVD key facts
Data as of August 19, 2026.
- Issuer
- GraniteShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 08/21/2023
- Expense ratio
- 1.35%
- Distribution rate
- 20.57%
- Distribution frequency
- Annual
- Trailing yield
- 20.57%
- Last close
- $4.11
- AUM
- $51,857,731
- Average volume
- 56449780.0
- Last dividend
- $0.8456
- Ex-dividend date
- 12/29/2025
- Payment date
- 12/31/2025
- Beta
- -3.6618
How Dividend Vision calculates yield and returns
Distribution rate (20.57%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (20.57%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 19, 2026.
Primary sources: GraniteShares fund page; Index: NVIDIA (NVDA); prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
NVD risks and drawbacks
Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed NVDA over the available window. The deepest 1-year drawdown on record here is 60.2%.
Who may consider NVD — and who may not
It is a weaker fit for investors who need monthly cash flow (NVD pays annual); investors whose main goal is matching NVDA total return. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does NVD pay monthly?
No. NVD currently pays annual, not monthly.
What index does NVD track?
NVD tracks the NVIDIA (NVDA).
What is NVD's expense ratio?
NVD's expense ratio is 1.35%.
What is NVD's dividend yield?
NVD currently yields 20.57%, paid annual, with a 1.35% expense ratio.
When does NVD pay a dividend?
NVD pays annual. The last dividend was $0.8456. The last ex-dividend date was 12/29/2025. It was paid on 12/31/2025.
How has NVD performed?
Fund total return is -99.1% over the past 3 years, 481.2 points behind NVDA at 382.1%. Its deepest 1-year drawdown was 60.2%.
Is NVD a good investment?
It currently yields 20.57%. Compare peers below rather than treating any single figure as a buy or sell.
More funds from GraniteShares.
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