Graniteshares 2x Short NVDA Daily ETF (NVD) is trading at $6.44, which is -98.8% below its all-time high of $530.78. The Drawdown Severity Score is 16.6, placing it in the red (severe) zone. Over its tracked history, NVD has experienced 4 significant drawdown events with an average maximum drawdown of -8.3%.
Data last updated: April 10, 2026 at 04:27 PM EDT
NVD
StockGraniteshares 2x Short NVDA Daily ETF
Price
$6.44
as of Apr 10, 2026
All Time High: $530.78
Historic
Current Drawdown
-98.8%
Days in Drawdown
873
Avg Max Drawdown
8.3%
Avg Length
15
Drawdown Severity Score™
16.6
NVD - Price & High Water Mark
NVD - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Graniteshares 2x Short NVDA Daily ETF (NVD) Analysis: Current Drawdown Insights
Graniteshares 2x Short NVDA Daily ETF is currently experiencing an unusual drawdown opportunity. As of 2026-04-10, the stock is trading at $6.44, which represents a 98.8% decline from its all-time high of $530.78. This drawdown has persisted for 873 days.
Based on comprehensive historical analysis spanning 2 years, Graniteshares 2x Short NVDA Daily ETF typically experiences drawdowns averaging 8.3% in depth, with an average duration of 15 days. Graniteshares 2x Short NVDA Daily ETF has gone through 4 total drawdown events in the last 2 years. The largest drawdown for Graniteshares 2x Short NVDA Daily ETF in the last 2 years was 18.5%. The longest drawdown duration in its history was 35 days.
The Drawdown Severity Score™ for Graniteshares 2x Short NVDA Daily ETF currently stands at 16.62. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score above 12.0 indicates a historic, once-in-a-decade event—an extraordinarily rare drawdown that may represent a possible generational buying opportunity or signal fundamental changes worth investigating.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns—periods when the price declines from all-time highs before recovering. By analyzing Graniteshares 2x Short NVDA Daily ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that may represent a buying opportunity.
📜 Historical Drawdown Events
Current drawdown shown in blue. Complete record of all 4 historical pullbacks below.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2023-11-19 | Ongoing | 873 days | -98.8% | $530.78 | $6.44 | — |
| 2023-09-22 | 2023-10-26 | 35 days | -18.5% | $529.72 | $431.86 | $530.78 |
| 2023-09-18 | 2023-09-19 | 2 days | -0.3% | $480.18 | $478.95 | $485.97 |
| 2023-09-13 | 2023-09-15 | 3 days | -2.8% | $463.41 | $450.31 | $480.18 |
| 2023-08-23 | 2023-09-11 | 20 days | -11.6% | $456.93 | $403.75 | $460.67 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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