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What is the leverage shares 2x Nvidia ETP?

PREV. CLOSE The Leverage Shares 2x NVIDIA ETP seeks to track the NYSE Leveraged 2x NVDA Index, which is designed to provide 2x the daily leveraged returns of NVIDIA, Corp. stock.

Should you invest in Direxion daily NVDA Bull 2x shares?

The Direxion Daily NVDA Bull 2X Shares (NVDU) and Direxion Daily NVDA Bear 1X Shares (NVDD) seek daily investment results, before fees and expenses, of 200% and 100% of the inverse (or opposite), respectively, of the performance of the common shares of NVIDIA Corporation (NASDAQ: NVDA). Investing in the funds involves a high degree of risk.

What is the NVDA fund?

The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corp, (NASDAQ: NVDA) There is no guarantee that the Fund will meet its stated objective. The fund should not be expected to provide 2 times the cumulative return of NVDA for periods greater than a day.

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