SavvyShort (-2X) NVDA ETF Trust Units (NVDD.TO) Price

SavvyShort (-2X) NVDA ETF Trust Units is offered by LongPoint, a leading player in the field of passive investments.

The ISIN of SavvyShort (-2X) NVDA ETF Trust Units is CA54315B6807.

SavvyShort (-2X) NVDA ETF Trust Units aims to deliver 2 times the daily return of NVDA (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because SavvyShort (-2X) NVDA ETF Trust Units rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like SavvyShort (-2X) NVDA ETF Trust Units are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

SavvyShort (-2X) NVDA ETF Trust Units provides 2X daily long exposure to NVDA. When NVDA moves +1% in a day, SavvyShort (-2X) NVDA ETF Trust Units targets approximately 2% (before fees).

The ETF is listed in CAD.

European investors may incur additional costs for currency exchange and transaction fees.

No, SavvyShort (-2X) NVDA ETF Trust Units does not comply with the EU UCITS investor protection directives.

SavvyShort (-2X) NVDA ETF Trust Units tracks the performance of the NVIDIA Corporation.

SavvyShort (-2X) NVDA ETF Trust Units is domiciled in CA.

The fund was launched on 8/12/2025.

The SavvyShort (-2X) NVDA ETF Trust Units mainly invests in Information technology companies.

The NAV of SavvyShort (-2X) NVDA ETF Trust Units amounts to 18.08 M CAD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.