Benzinga · Oct 13, 2026
2X Nvidia ETFs Are Supposed to Double Daily Gains—Why Did Some Lag NVDA?
Nvidia rose 34.8%, but its 2X daily ETFs returned 31.8%-39.5%. Morningstar's Jeffrey Ptak highlights the gap between Direxion and T-REX.
NV
BATS · NVDX
T-Rex 2X Long NVIDIA Daily Target ETF
Financial Services · Asset Management - Leveraged
$16.26
Down-$1.54 (-8.65%)
Updated Nov 1, 2026, 1:18 PM
SID Score
4.4/10
Composite research score
Smart Money
—
Institutional and insider signal
- Market cap
- 547.43M
- P/E ratio
- —
- Dividend yield
- 13.33%
- 52-week range
- $12.41 – $24.72
- Volume
- 2.54M
- Avg. volume
- 12.22M
Price performance · NVDX
NVDX price history
1M range · 20 trading sessions · Daily adjusted prices
Prices through Oct 30, 2026
NVDX closed at $16.26 after 20 trading sessions, down 28.02% for the selected period.
- Last close
- $16.26
- Period change
- -28.02%
- Period low
- $16.26
- Period high
- $22.61
Daily close
View OHLC price history
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 30, 2026 | $16.97 | $16.97 | $15.645 | $16.26 | 2.54M |
| Oct 29, 2026 | $17.88 | $18.02 | $17.51 | $17.80 | 2.16M |
| Oct 28, 2026 | $18.82 | $18.82 | $17.9172 | $18.05 | 2.81M |
| Oct 27, 2026 | $18.53 | $18.71 | $18.11 | $18.49 | 1.49M |
| Oct 26, 2026 | $17.69 | $18.47 | $17.64 | $18.19 | 1.92M |
| Oct 23, 2026 | $17.37 | $17.84 | $17.24 | $17.36 | 2.06M |
| Oct 22, 2026 | $18.44 | $18.74 | $17.4285 | $17.62 | 3.71M |
| Oct 21, 2026 | $19.10 | $19.32 | $18.57 | $19.26 | 2.74M |
| Oct 20, 2026 | $18.28 | $18.70 | $17.745 | $18.35 | 2.21M |
| Oct 19, 2026 | $18.64 | $18.9001 | $18.095 | $18.49 | 2.95M |
| Oct 16, 2026 | $18.40 | $18.7667 | $17.865 | $18.01 | 2.37M |
| Oct 15, 2026 | $18.20 | $18.755 | $17.7801 | $18.53 | 3.45M |
| Oct 14, 2026 | $20.01 | $20.11 | $18.97 | $19.31 | 3.16M |
| Oct 13, 2026 | $19.83 | $20.59 | $19.60 | $20.55 | 1.79M |
| Oct 12, 2026 | $20.62 | $20.63 | $19.935 | $20.21 | 1.26M |
| Oct 9, 2026 | $21.59 | $21.59 | $20.70 | $20.75 | 2.13M |
| Oct 8, 2026 | $21.82 | $22.20 | $20.86 | $20.99 | 3.66M |
| Oct 7, 2026 | $22.30 | $22.585 | $22.085 | $22.25 | 2.72M |
| Oct 6, 2026 | $23.20 | $23.41 | $22.58 | $22.61 | 3.52M |
| Oct 5, 2026 | $22.07 | $22.80 | $21.90 | $22.59 | 3.38M |
Latest NVDX news
The latest Smart Investors Daily articles mentioning NVDX.
Stock researchCompany · Overview
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NVDX research
Overview
Company profile and research snapshot.
Company profile
The fund, under normal circumstances, invests in swap agreements that provide 200% daily exposure to NVDA equal to at least 80% of its net assets. The fund will enter into one or more swap agreements with major global financial institutions whereby the fund and the global financial institution will agree to exchange the return earned on an investment by the fund in NVDA that is equal, on a daily basis, to 200% of the value of the fund’s net assets. The fund is non-diversified.
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- Consensus
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- Average target
- —
- Implied upside
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SeekingAlpha · Oct 7, 2026
NVDX: Nvidia Breaks Its Highs, But Its Multiples Keep Shrinking
T-REX 2X Long Nvidia Daily Target ETF offers strong technical momentum but is strictly an intraday trading tool due to volatility drag. Read more on NVDX here.
SeekingAlpha · Oct 7, 2026
NVII: Weekly Nvidia Income With A Plan Attached
REX NVDA Growth & Income ETF gets a hold and is recommended to use only as a small satellite position alongside an existing Nvidia holding. Read more on NVII.
SeekingAlpha · Sep 5, 2026
NVDX: Good Set-Up For A Leveraged Play On Nvidia Stock
NVDX achieves 2x daily exposure to NVDA via swap agreements, not by holding the underlying stock. Find out why NVDX ETF is a buy.
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