NVDQ ETF — T-Rex 2X Inverse NVIDIA Daily Target ETF

T-Rex 2X Inverse NVIDIA Daily Target ETF (NVDQ)

Updated October 16, 2026.

NVDQ is an ETF linked to NVIDIA (NVDA). its distribution rate is 0.48%, its trailing-12-month yield is 0.48%, its expense ratio is 1.05%. Total return is -99.4% over the past 3 years, 509.5 points behind NVDA at 410.1%.

This ETF seeks to deliver twice the inverse daily performance of NVIDIA stock, making it a leveraged bearish bet on the company designed for traders expecting near-term declines in the semiconductor giant. The fund carries a modest current distribution rate paid annually and has an expense ratio of 1.05%, with a small asset base. It appeals primarily to experienced traders and tactical investors using leverage for short-term directional positions, rather than buy-and-hold income seekers, given its daily reset mechanics and inverse structure.

NVDQ performance versus NVDA

Price and return data through 2026-10-16.

Total return is -99.4% over the past 3 years, 509.5 points behind NVDA at 410.1%. Over the past year its total return — price change plus distributions reinvested — is -51.6%. Its deepest 1-year drawdown was 63.2%.

NVDQ key facts

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

10/18/2023

Expense ratio

1.05%

Distribution rate

0.48%

Distribution frequency

Annual

Trailing yield

0.48%

Last close

$9.19 (as of 2026-10-16)

AUM

$14,175,196

Average volume

7054592.0

Dividend

$0.044

Ex-dividend date

12/24/2025

Payment date

12/26/2025

Beta

-3.6658

How Dividend Vision calculates yield and returns

Distribution rate (0.48%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.48%) 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: REX Shares; 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.

NVDQ risks and drawbacks

NVDQ's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. 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 63.2%.

Who may consider NVDQ — and who may not

It is a weaker fit for investors who need monthly cash flow (NVDQ pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching NVDA total return. This is educational context, not a recommendation to buy or sell.

More on NVDQ

• All tickers starting with N

Tagged: Leverage, Short.

Frequently asked questions

More securities from REX Shares.