NVDX ETF — T-Rex 2X Long NVIDIA Daily Target ETF

T-Rex 2X Long NVIDIA Daily Target ETF (NVDX)

NVDX is an ETF linked to NVIDIA (NVDA). As of September 3, 2026, its distribution rate is 2.74%, its trailing-12-month yield is 2.74%, its expense ratio is 1.05%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Total return is 891.9% over the past 2.9 years, 448.3 points ahead of NVDA at 443.6%.

At the current 2.74% distribution rate, a $10,000 investment would generate approximately $274 per year, or $22.83 per month on an equivalent basis. Actual annual payments vary.

T-Rex 2X Long NVIDIA Daily Target ETF is a leveraged fund that seeks to deliver twice the daily performance of NVIDIA stock through financial instruments designed to provide two-times exposure to NVIDIA's price movements. The fund does not distribute income and carries an expense ratio of 1.05%. This ETF appeals to experienced traders and tactical investors seeking leveraged short-term equity exposure to NVIDIA, though the daily reset mechanism means it is not designed for buy-and-hold investing.

NVDX performance versus NVDA

Data as of September 3, 2026.

Total return is 891.9% over the past 2.9 years, 448.3 points ahead of NVDA at 443.6%. Its deepest 1-year drawdown was 43.8%.

NVDX key facts

Data as of September 3, 2026.

Distribution Safety Score™

50 · Caution

Issuer

REX Shares

Asset type

ETF

Asset class

Equity

Inception date

10/18/2023

Expense ratio

1.05%

Distribution rate

2.74%

Distribution frequency

Annual

Trailing yield

2.74%

Last close

$20.95

NAV

$20.23

Premium / discount

3.56% premium

AUM

$414,108,989

Average volume

5415218.0

Last dividend

$0.573

Last ex-dividend date

12/24/2025

Last payment date

12/26/2025

Beta

3.6552

P/E ratio

29.8417

How Dividend Vision calculates yield and returns

Distribution rate (2.74%) 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 (2.74%) 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. 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. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: REX Shares or company 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.

NVDX risks and drawbacks

NVDX'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. The deepest 1-year drawdown on record here is 43.8%.

Who may consider NVDX — and who may not

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

Frequently asked questions

More securities from REX Shares.