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NVDXT-REX 2X LONG NVIDIA DAILY TARGET ETF

Take a bet2y track recordRanked #107 of 949 in this goal

Seeks daily investment results of 200% of the daily performance of NVDA.

By Rex · Launched 2023

Annual Cost

1.05%

#5,327 of 5,861 · expensive

Fund Size

$458M

#1,659 of 5,861 · large

Return (1Y)Goal

-6.6%

Track Record

2 years

#3,167 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$9,515-4.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Concentration

single-stock bet — holdings shown are derivatives collateral, not diversification

NVIDIA CORPORATION
1.7%
NVIDIA CORPORATION
0.5%
NVIDIA CORPORATION
0.1%
NVIDIA CORPORATION
-0.1%
NVIDIA CORPORATION
-2.9%
NVIDIA CORPORATION
-3.1%

Asset allocation

Stocks
76.6%
Cash
12.2%
Bonds
11.2%

By sector

Technology
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
72.8%High

Year-on-year price swings

Max drawdown
-68.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
Cboe BZX

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of NVDA.
Strategy
Aims for 200% of the daily return of NVIDIA (NVDA) through leveraged exposure. May invest in other ETFs for cash management purposes.
Inception date
October 18, 2023
Fund family
Rex

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

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.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04