GraniteShares 2x Short NVDA Daily ETF (NVD) Alternatives
GraniteShares 2x Short NVDA Daily ETF (NVD) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVD. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to NVD
NVD charges 1.50% annually. Among ETFs in the Inverse Equities category, these options have the lowest expense ratios among NVD alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | Jun 8, 2016 | NVD vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | Mar 6, 2024 | NVD vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | Nov 14, 2017 | NVD vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | Nov 5, 2021 | NVD vs SARK | |
| ProShares Short S&P500 | 0.90% | Jun 19, 2006 | NVD vs SH |
Best Risk-Adjusted Alternatives to NVD
Among ETFs in the Inverse Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| T-REX 2X Inverse MSTR Daily Target ETF | 20 | Sep 17, 2024 | NVD vs MSTZ | |
| AdvisorShares Ranger Equity Bear ETF | 17 | Jan 26, 2011 | NVD vs HDGE | |
| ProShares Short Financials | 15 | Jun 12, 2008 | NVD vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 12 | Sep 6, 2022 | NVD vs MSFD | |
| ProShares Short FTSE China 50 | 10 | Mar 16, 2010 | NVD vs YXI |
Top Performing NVD Alternatives (YTD)
NVD alternatives from the Inverse Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| AXS TSLA Bear Daily ETF | 35.41% | Jul 13, 2022 | NVD vs TSLQ | |
| GraniteShares 2x Short TSLA Daily ETF | 35.06% | Aug 21, 2023 | NVD vs TSDD | |
| T-Rex 2X Inverse Tesla Daily Target ETF | 33.84% | Oct 18, 2023 | NVD vs TSLZ | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | 31.58% | Jun 22, 2022 | NVD vs FLYD | |
| Direxion Daily MSFT Bear 1X Shares | 28.73% | Sep 6, 2022 | NVD vs MSFD |
Lowest Volatility Alternatives to NVD
NVD alternatives from the Inverse Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | 14.59% | Jul 31, 2017 | NVD vs SHRT | |
| ProShares Short Dow30 | 16.82% | Jun 19, 2006 | NVD vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 17.29% | Aug 14, 2024 | NVD vs YQQQ | |
| ProShares Short S&P500 | 18.17% | Jun 19, 2006 | NVD vs SH | |
| ProShares Short MSCI EAFE | 18.50% | Oct 23, 2007 | NVD vs EFZ |
Lowest Drawdown Alternatives to NVD
NVD alternatives from the Inverse Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Gotham Short Strategies ETF | -17.65% | Jul 31, 2017 | NVD vs SHRT | |
| AdvisorShares Ranger Equity Bear ETF | -19.63% | Jan 26, 2011 | NVD vs HDGE | |
| ProShares Short Financials | -20.21% | Jun 12, 2008 | NVD vs SEF | |
| ProShares Short Dow30 | -22.70% | Jun 19, 2006 | NVD vs DOG | |
| -1x Short VIX Mid-Term Futures Strategy ETF | -22.85% | Apr 17, 2023 | NVD vs ZIVB |
Other ETFs from GraniteShares
Most popular GraniteShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities | 71 | -17.54% | Dec 13, 2022 | NVD vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income | 12 | -14.82% | Dec 17, 2024 | NVD vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 87 | 8.57% | Aug 31, 2017 | NVD vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 54 | -38.76% | Sep 3, 2024 | NVD vs PTIR | |
| GraniteShares Platinum Trust | Precious Metals | 86 | -4.16% | Jan 22, 2018 | NVD vs PLTM | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities, Leveraged | 8 | -29.38% | Dec 12, 2022 | NVD vs FBL | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities, Leveraged | 72 | -21.48% | Mar 15, 2024 | NVD vs AMDL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities, Leveraged | 33 | -35.45% | Aug 21, 2023 | NVD vs TSLR | |
| GraniteShares 2x Long MSFT Daily ETF | Leveraged Equities, Leveraged | 8 | -43.95% | Mar 15, 2024 | NVD vs MSFL | |
| GraniteShares YieldBOOST NVDA ETF | Leveraged Equities, Derivative Income | — | -4.02% | May 12, 2025 | NVD vs NVYY |
Often Compared With NVD
What investors most often compare with NVD, based on PortfoliosLab usage data.
Compare NVD with Any Fund or Stock
Compare NVD with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.