NVDG:NASDAQLeverage Shares 2X Long NVDA Daily ETF analysis
Data as of Oct 16, 2026 - not real-time
- Latest price
- $17.95
- Risk: high
- 8/10High risk
Summary
Leverage Shares 2X Long NVDA Daily ETF is priced at $17.95 and its moving averages line up in bullish order, the shorter sitting above the longer. Over a rolling month the price has lost 15.3%. Momentum indicators put RSI at 35.7 (approaching oversold) with MACD reading bearish. Recent trading has carved out support near $17.73 and resistance around $23.64.
The 0.76% expense ratio is middling for its category, and the fund manages $42.1M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 53.5%, a beta of 3.75 and a maximum drawdown of 48.7%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
The horizons line up on hold — conviction 2 out of 10.
The 0.76% expense ratio is middling for its category, and the fund manages $42.1M in assets.
On a 1-10 scale the risk profile lands at 8 — high. With 30-day volatility of 53.5%, a beta of 3.75 and a maximum drawdown of 48.7%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
The horizons line up on hold — conviction 2 out of 10.
Market outlook
Short term
< 1 yearNeutral
Model confidence2/102 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading below the 200-day average of 18.03
- MACD momentum is negative
Medium term
1–3 yearsNeutral
Model confidence2/102 out of 10
Key factors
- Short-term moving averages stacked above long-term ones
- Trading below the 200-day average of 18.03
- 30-day volatility of 53.5%
Long term
> 3 yearsNeutral
Model confidence2/102 out of 10
Key factors
- 30-day volatility of 53.5%
- Beta of 3.75 versus the benchmark
- Maximum drawdown of 48.7%
Key metrics
Fund metrics
Expense Ratio0.76%
AUM$42.1M
Inception Date2024-12-12
Avg Daily Volume329,530
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield9.52%
Technical analysis
TrendBullish
RSI35.7
Support$17.73
Resistance$23.64
MA 20$20.74
MA 50$20.11
MA 200$18.03
MACDBearish
VolumeIncreasing
Fear & Greed Index85.73
Risk assessment
Beta3.75
Volatility53.47%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.