NVDB ETF — ProShares Ultra NVDA ETF

ProShares Ultra NVDA ETF (NVDB)

Updated October 16, 2026.

NVDB is an ETF. its distribution rate is 3.42%, its trailing-12-month yield is 2.37%, its expense ratio is 0.95%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 9.5% over the past 1.1 years, 9.1 points behind SPY at 18.6%.

ProShares Ultra NVDA ETF is a leveraged fund designed to deliver twice the daily returns of Nvidia stock through a combination of financial instruments. The fund distributes quarterly at a modest current rate and carries an expense ratio of 0.95%, with a relatively small asset base. It appeals to tactical traders and investors seeking amplified short-term exposure to Nvidia, though the leverage structure means daily returns can diverge significantly from longer-term price movements.

NVDB performance versus SPY

Price and return data through 2026-10-16.

Total return is 9.5% over the past 1.1 years, 9.1 points behind SPY at 18.6%. Its deepest 1-year drawdown was 42.9%.

NVDB key facts

Distribution Safety Score™

50 · Unproven

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

09/08/2025

Expense ratio

0.95%

Distribution rate

3.42%

Distribution frequency

Quarterly

Trailing yield

2.37%

Last close

$29.61 (as of 2026-10-16)

AUM

$5,116,859

Average volume

7068.0

Dividend

$0.253

Ex-dividend date

09/23/2026

Payment date

09/29/2026

Beta

3.7429

How Dividend Vision calculates yield and returns

Distribution rate (3.42%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (2.37%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: ProShares; 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.

NVDB risks and drawbacks

NVDB's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 42.9%.

Who may consider NVDB — and who may not

NVDB may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NVDB pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on NVDB

• All tickers starting with N

Tagged: Leverage.

Frequently asked questions

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