NVD

Graniteshares 2x Short NVDA Daily ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $5.06, which represents a 99.0% decline from its all-time high of $530.78. This drawdown has persisted for 987 days.

Based on its full tracked price history, 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 its tracked history. The largest drawdown on record for Graniteshares 2x Short NVDA Daily ETF was 18.5%, beginning in 2023. The longest drawdown duration on record was 35 days.

The Drawdown Severity Score™ for Graniteshares 2x Short NVDA Daily ETF currently stands at 16.66. 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: declines of this magnitude are extraordinarily rare in this asset's tracked history and can also 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 is rare by that stock's own historical standards.