AXS 1.25X NVDA Bear Daily ETF

Price: $45.38
Change: $4.37 (-0.09%)
Category: Inverse Equities
Last Updated:


Expense Ratio 1.15%
ETF Home Page Home page
Inception Jul 14, 2022

Analyst Report


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ETF Database Themes

Category Inverse Equities
Inverse Yes
Leveraged -1.25x
Asset Class Equity
Sector (General) Technology
Sector (Specific) Semiconductors
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Inverse Equity: U.S. Semiconductors
Category Sector
Focus Information Technology
Niche Semiconductors
Strategy Vanilla
Weighting Scheme Single Asset

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $44.86
  • 52 Week Hi $217.57
  • AUM $53.5 M
  • Shares 1.1 M

Historical Trading Data

  • 1 Month Avg. Volume 830,968
  • 3 Month Avg. Volume 1,047,979

Alternative ETFs in the ETF Database Inverse Equities Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SPDN 0.58% $203.6 M 4 M -7.26%
Largest (AUM) SQQQ 0.95% $3.0 B 136 M -28.39%
Most Liquid (Volume) SQQQ 0.95% $3.0 B 136 M -28.39%
Top YTD Performer BZQ 0.95% $8.4 M 13,803 30.70%

Alternative ETFs in the FactSet Inverse Equity: U.S. Semiconductors Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SSG 0.95% $4.9 M 71,373 -64.35%
Largest (AUM) SOXS 1.03% $754.9 M 19 M -52.12%
Most Liquid (Volume) SOXS 1.03% $754.9 M 19 M -52.12%
Top YTD Performer AMDS 1.15% $1.3 M 44,841 -21.22%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

NVDS ETF Database Category Average FactSet Segment Average
Number of Holdings 2 3 1
% of Assets in Top 10 100.00% 97.45% 100.00%
% of Assets in Top 15 100.00% 93.87% 100.00%
% of Assets in Top 50 100.00% 93.51% 100.00%

Size Comparison

NVDS ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A 0.00% N/A
Mid (>2.7B) N/A -0.03% N/A
Small (>600M) N/A 0.00% N/A
Micro (<600M) N/A 0.00% N/A

NVDS Valuation

This section compares the P/E ratio of this ETF to its peers.

P/E Ratio
ETF Database Category Average
P/E Ratio
FactSet Segment Average
P/E Ratio

NVDS Dividend

This section compares the dividend yield of this ETF to its peers.

NVDS ETF Database Category Average FactSet Segment Average
Dividend $ 4.27 $ 0.37 $ 1.76
Dividend Date 2023-12-26 N/A N/A
Annual Dividend Rate $ 4.27 $ 0.77 $ 1.88
Annual Dividend Yield 9.41% 4.64% 33.71%

NVDS Price and Volume Charts

View charts featuring NVDS price and volume data.

NVDS Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 11.9 M 1 Month Net Flows: 3.27 M 3 Month Net Flows: -4.23 M 6 Month Net Flows: 44.78 M 1 Year Net Flows: 34.71 M 3 Year Net Flows: 228.53 M 5 Year Net Flows: 228.53 M 10 Year Net Flows: 228.53 M

NVDS Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.

5 Day Net AUM Change: 5.16 M
1 Month Net AUM Change: -3.63 M
3 Month Net AUM Change: -30.35 M
6 Month Net AUM Change: -20.44 M
1 Year Net AUM Change: -52.77 M
3 Year Net AUM Change: 50.96 M
5 Year Net AUM Change: 50.96 M
10 Year Net AUM Change: 50.96 M

Realtime Rating

The adjacent table gives investors an individual Realtime Rating for NVDS on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Inverse Equities with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

Metric Metric Realtime Rating A+ Metric Rated ETF
Liquidity n/a SARK
Expenses C SPDN

A+ Overall Rated ETF:

NVDS Expenses & Fees

This section compares the cost efficiency of this ETF to its peers.

Expenses Ratio Analysis

Expense Ratio
ETF Database Category Average
Expense Ratio
FactSet Segment Average
Expense Ratio

Tax Analysis

Max ST Capital Gains Rate 39.60%
Max LT Capital Gains Rate 20.00%
Tax On Distributions Ordinary income
Distributes K1 No
ESG Themes and Scores

NVDS does not have an ESG score. There are no ESG themes that map to this ETF.

NVDS Performance

This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.

NVDS ETF Database
Category Average
Factset Segment
1 Month Return -29.55% -6.91% -30.63%
3 Month Return -41.22% -8.53% -38.27%
YTD Return -68.79% -14.04% -62.71%
1 Year Return -78.18% -29.53% -33.01%
3 Year Return N/A -15.49% -18.66%
5 Year Return N/A -25.89% -21.06%

Geographic Exposure

The following charts reflect the geographic spread of NVDS's underlying holdings.

Holdings Analysis

The following charts reflect the allocation of NVDS's underlying holdings.

NVDS Technicals

Volatility Analysis

This section shows how the volatility of this ETF compares to the peer group ETF Database Category.

5 Day Volatility 25.65%
20 Day Volatility 63.56%
50 Day Volatility 64.00%
200 Day Volatility 67.45%
Beta 4.19
Standard Deviation 47.96%
5 Day Volatility
68 of 74

20 Day Volatility
9 of 74

50 Day Volatility
11 of 74

200 Day Volatility
10 of 74

1 of 70

Standard Deviation
2 of 71


  • 20 Day MA $59.67
  • 60 Day MA $64.15
  • MACD 15 Period -12.56
  • MACD 100 Period -34.76
  • Williams % Range 10 Day 97.14
  • Williams % Range 20 Day 97.98
  • RSI 10 Day 18
  • RSI 20 Day 29
  • RSI 30 Day 32
  • Ultimate Oscillator 26

Bollinger Bands

  • Lower Bollinger (10 Day) $46.57
  • Upper Bollinger (10 Day) $65.67
  • Lower Bollinger (20 Day) $49.26
  • Upper Bollinger (20 Day) $70.44
  • Lower Bollinger (30 Day) $49.82
  • Upper Bollinger (30 Day) $76.57

Support & Resistance

  • Support Level 1 $44.24
  • Support Level 2 $43.09
  • Resistance Level 1 $47.15
  • Resistance Level 2 $48.91


  • Stochastic Oscillator %D (1 Day) 23.88
  • Stochastic Oscillator %D (5 Day) 10.75
  • Stochastic Oscillator %K (1 Day) 31.15
  • Stochastic Oscillator %K (5 Day) 16.31


  • Tracking Difference Median (%) n/a
  • Tracking Difference Max Upside (%) n/a
  • Tracking Difference Max Downside (%) n/a
  • Median Premium Discount (%) -0.01
  • Maximum Premium Discount (%) 0.16
  • Average Spread (%) 3.58
  • Average Spread ($) 3.58

Financial Advisor Report

ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.

Fact Sheet

A fact sheet is not available for this ETF. Please visit the NVDS ETF home page for more information.

Data Lineage

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ETF Database analysts have a combined 50 years in the ETF and Financial markets, covering every asset class and investment style. The team monitors new filings, new launches and new issuers to make sure we place each new ETF in the appropriate context so Financial Advisors can construct high quality portfolios.


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