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Leverage Shares 2X Long NVDA Daily ETF (NVDG)

Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
17.48 USD -1.37 (-7.268%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take | July 11, 2026, 2:54 a.m. EDT

This leveraged ETF is currently trapped in a brutal mechanical decay cycle. The price has tumbled from a high of 25.34 to the current 18.84, erasing nearly 27% of its value in a single session's worth of trading range, and it is now trading significantly below its 50-day average. While the headline 11.65% dividend yield looks attractive, it is a mirage; this is a leveraged product that compounds daily volatility, meaning the 'yield' is likely just the market pricing in the inevitable further drawdown required to reset the leverage ratio. The recent price action shows a desperate attempt to bounce off lows, but the momentum remains firmly in the red, with the asset struggling to reclaim even its 200-day moving average. The options market confirms this uncertainty, with traders betting on a wide range of outcomes rather than a clear breakout. Until the underlying NVDA stock stabilizes and pushes this leveraged proxy back above its key moving averages, the math works against the holder, making this a dangerous hold for anyone seeking capital preservation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL_49 ✓0.094432
MSTL0.096601
AutoTheta0.097328
AutoETS0.105032
AutoARIMA0.121116

Forecast horizon: 60 days | Selected: MSTL_49

Forecast Reliability
Score 38%
H-stat 0.35
Ljung-Box p 0.000
Jarque-Bera p 0.634
Excess Kurtosis -0.57

As of July 11, 2026, 2:54 a.m. EDT: Speculators are positioning for a volatile range-bound outcome rather than a decisive directional move. Call volume is heavily skewed toward out-of-the-money strikes (27 and 30) for August expiration, suggesting a bet on a sharp spike, while put volume concentrates near the money (14-17) for the same date, indicating a hedge against a drop. The massive volume spike at the 9 strike for August calls appears to be a data anomaly or a specific event-driven trade given the zero open interest, but the broader OI profile shows a 'straddle' mentality where traders expect significant movement in either direction within the 12-30 range, rather than a linear trend.


Dividend Data

Dividend History
Date Dividend Yield %
2025-12-30 1.99 11.671555
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 11.65

Info Dump

Attribute Value
All Time High 25.34
All Time Low 4.99
Ask 22.51
Ask Size 2
Average Daily Volume10 Day 256,180
Average Daily Volume3 Month 378,493
Average Volume 378,493
Average Volume10Days 256,180
Beta3 Year 0.0
Bid 13.25
Bid Size 2
Category Trading--Leveraged Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.76
Day Low 17.48
Dividend Yield 11.65
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 19.04162
Fifty Day Average Change -1.5616207
Fifty Day Average Change Percent -0.08201092
Fifty Two Week Change Percent 0.0
Fifty Two Week High 25.34
Fifty Two Week High Change -7.8600006
Fifty Two Week High Change Percent -0.31018156
Fifty Two Week Low 12.34
Fifty Two Week Low Change 5.1399994
Fifty Two Week Low Change Percent 0.41653156
Fifty Two Week Range 12.34 - 25.34
First Trade Date Milliseconds 1,734,100,200,000
Full Exchange Name NasdaqGM
Fund Family Themes ETF Trust
Fund Inception Date 1,733,961,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-12-13
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics, that, in combination, provide 200% daily leveraged exposure to NVDA, consistent with the fund’s investment objective. The fund is non-diversified.
Long Name Leverage Shares 2X Long NVDA Daily ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1889224571
Nav Price 18.8539
Net Assets 44,839,800.0
Net Expense Ratio 0.76
Open 18.46
Pre Market Change 0.4300003
Pre Market Change Percent 2.459956
Pre Market Price 17.91
Pre Market Time 1,784,028,891
Previous Close 18.85
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -1.37
Regular Market Change Percent -7.26791
Regular Market Day High 18.76
Regular Market Day Low 17.48
Regular Market Day Range 17.48 - 18.76
Regular Market Open 18.46
Regular Market Previous Close 18.85
Regular Market Price 17.48
Regular Market Time 1,783,972,800
Regular Market Volume 136,204
Short Name Leverage Shares 2X Long NVDA Da
Source Interval 15
Symbol NVDG
Total Assets 44,839,800
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 23.31115
Trailing Three Month Returns 23.31115
Triggerable 1
Two Hundred Day Average 17.958904
Two Hundred Day Average Change -0.47890472
Two Hundred Day Average Change Percent -0.0266667
Type Disp ETF
Volume 136,204
Yield 0.1165
Ytd Return 1.42021