NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETF
Seeks daily investment results of 200% of the inverse performance of NVDA.
By Rex · Launched 2023
1.05%
#5,327 of 5,861 · expensive
$22M
#4,416 of 5,861 · small
-45.4%
2 years
#3,168 of 5,861 · seasoned
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Inverse
What it actually holds
By weightConcentration
single-stock bet — holdings shown are derivatives collateral, not diversification
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks daily investment results of 200% of the inverse performance of NVDA.
- Strategy
- Invests at least 80% of net assets in financial instruments providing 200% inverse exposure to NVDA. Uses put options and short sales to achieve daily investment results. Concentrated in the semiconductors industry.
- Inception date
- October 18, 2023
- Fund family
- Rex
Similar funds
Same asset class, closest by strategy & exposureOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Most of these lose money
These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.
You can be right and still lose
This fund returns the opposite of its benchmark's daily move, then resets. Hold it longer and the daily compounding takes over: the market can move your way over a week and you still finish down. It works as a one-day hedge and nothing beyond that.
Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025) · Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
What's next?
You've looked at NVDQ. Save it to your watchlist to weigh it against other funds, then turn your shortlist into a portfolio.
Data updated on 2026-08-04