T-REX 2X Long NVIDIA Daily Target ETF (NVDX) Stock Analysis
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) trades at $19.24. T-REX 2X Long NVIDIA Daily Target ETF (NVDX) aims to deliver twice the daily investment results of NVIDIA (NVDA) through swap agreements. Market cap: $529M, Sector: Financial services.
Price as of Aug 21, 2026 · Last analyzed: Mar 17, 2026Analyst Coverage for NVDX: NVDX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates NVDX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
NVDX: 1/3 scored disciplines lean bearish. Dominant signal: Izzy Englander bullish.
How is this calculated? →T-REX 2X Long NVIDIA Daily Target ETF (NVDX) Financial Services Profile
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) offers investors a leveraged investment vehicle, providing 200% daily exposure to NVIDIA (NVDA) through swap agreements. As a non-diversified fund within the asset management sector, NVDX caters to investors seeking amplified short-term gains or hedging strategies related to NVDA's performance.
What Is the Investment Thesis for NVDX?
NVDX offers a high-risk, high-reward investment proposition for those seeking leveraged exposure to NVIDIA's daily stock performance. The fund's 2x leverage can amplify gains when NVDA performs well, but also magnifies losses if NVDA declines. With a beta of 5.09, NVDX exhibits significantly higher volatility than the broader market. Key considerations include NVDA's growth prospects in AI and data centers, which could drive positive returns for NVDX. However, regulatory risks, market corrections, and any negative news impacting NVDA could lead to substantial losses. Investors should carefully consider their risk tolerance and investment horizon before investing in NVDX, recognizing its suitability primarily for short-term tactical trades.
Based on FMP financials and quantitative analysis
NVDX Key Highlights
Market Cap of $529M indicates a relatively small fund size, potentially leading to higher volatility.
- Beta of 5.09 signifies significantly higher volatility compared to the overall market, amplifying both gains and losses.
- The fund provides 200% daily exposure to NVIDIA (NVDA), offering the potential for double the daily returns of NVDA.
- As a non-diversified fund, NVDX concentrates its investments solely on NVDA, increasing risk compared to diversified ETFs.
- NVDX utilizes swap agreements to achieve its leveraged exposure, introducing counterparty risk associated with the financial institutions providing the swaps.
Who Are NVDX's Competitors?
NVDX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| AMZU Direxion Daily AMZN Bull 2X ETF | $37.95 | -4.24% | $345M | 44 |
| GGLL Direxion Daily GOOGL Bull 2X ETF | $99.68 | -2.44% | $887M | 47 |
| IETC iShares U.S. Tech Independence Focused ETF | $107.67 | -0.22% | $700M | 44 |
| JSCP JPMorgan Short Duration Core Plus ETF | $46.95 | -0.10% | $871M | 46 |
| NUGT Direxion Daily Gold Miners Index Bull 2X ETF | $186.39 | +18.45% | $1.41B | 47 |
| FSMB First Trust Short Duration Managed Municipal ETF | $19.92 | -0.18% | $628M | 47 |
| JNUG Direxion Daily Junior Gold Miners Index Bull 2X ETF | $198.09 | +4.33% | $633M | 47 |
| UUP Invesco DB US Dollar Index Bullish Fund | $27.91 | +0.11% | $395M | 50 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are NVDX's Key Strengths?
Offers high potential returns through 2x leverage
- Provides targeted exposure to NVIDIA, a leading technology company
- Liquid and easily tradable on major exchanges
- Can be used for short-term tactical trades or hedging strategies
What Are NVDX's Weaknesses?
High risk due to leverage and concentration in a single stock
- Subject to daily rebalancing, which can erode returns over time
- Performance is highly dependent on NVIDIA's stock price
- May not be suitable for long-term investors
What Could Drive NVDX Stock Higher?
NVDX catalyst: NVIDIA's earnings releases and product announcements can significantly impact its stock price and, consequently, NVDX's performance.
- Market sentiment towards the technology sector and growth stocks can influence investor demand for NVDX.
- Developments in the AI and data center markets, where NVIDIA is a key player, can drive positive returns for NVDX.
What Are the Key Risks for NVDX?
Regulatory changes impacting leveraged ETFs could limit their availability or increase compliance costs.
- High volatility in NVIDIA's stock price can lead to significant losses for NVDX investors.
- Counterparty risk associated with the swap agreements used to achieve leverage.
- Economic downturns or market corrections can negatively impact NVIDIA's stock price and NVDX's performance.
- The daily rebalancing of NVDX can erode returns over time, especially in volatile markets.
What Are the Growth Opportunities for NVDX?
- Increased Adoption of Leveraged ETFs: As investors seek higher returns in a low-interest-rate environment, leveraged ETFs like NVDX may see increased adoption. NVDX's focus on NVIDIA, a leading technology company, could attract investors bullish on the semiconductor industry. This trend is ongoing and dependent on market conditions and investor sentiment.
- NVIDIA's Growth in AI and Data Centers: NVIDIA's dominance in AI and data center technologies presents a significant growth opportunity for NVDX. As NVIDIA's stock price increases due to its advancements in these areas, NVDX's leveraged exposure could amplify those gains. This growth is dependent on NVIDIA's continued innovation and market leadership.
- Volatility in the Semiconductor Sector: The semiconductor sector is known for its cyclicality and volatility, which can create opportunities for leveraged ETFs like NVDX. Active traders may use NVDX to capitalize on short-term price swings in NVIDIA's stock. Increased volatility can lead to higher trading volumes and greater potential for profits, but also carries increased risk of losses. This opportunity is ongoing and dependent on market conditions and investor sentiment.
- Expansion of Product Offerings: The fund provider could expand its product offerings to include other leveraged ETFs focused on different sectors or companies. This could attract a wider range of investors and increase the firm's assets under management. The ETF market is constantly evolving, and innovation is key to staying competitive. This opportunity is dependent on the fund provider's strategic decisions and market demand.
- Increased Investor Education: Educating investors about the risks and benefits of leveraged ETFs is crucial for responsible investing. By providing clear and transparent information about NVDX's investment strategy and potential risks, the fund provider can attract informed investors who understand the product. Increased investor education can lead to greater adoption of leveraged ETFs and improved investor outcomes. This opportunity is ongoing and requires a commitment to investor education and transparency.
What Threats Does NVDX Face?
- Regulatory scrutiny of leveraged ETFs
- Market corrections and economic downturns
- Negative news or events impacting NVIDIA
- Increased competition from other leveraged ETFs
What Are NVDX's Competitive Advantages?
- First-mover advantage in offering a 2x leveraged ETF focused solely on NVIDIA
- Established relationships with major global financial institutions for swap agreements
- Brand recognition and distribution network within the ETF market
What Does NVDX Do?
The T-REX 2X Long NVIDIA Daily Target ETF (NVDX) is designed to provide investors with a leveraged return based on the daily performance of NVIDIA Corporation (NVDA). Launched to cater to investors with a high-risk tolerance and a short-term investment horizon, NVDX utilizes swap agreements with major global financial institutions to achieve its investment objective. These agreements allow the fund to gain 200% daily exposure to NVDA, meaning that for every 1% increase in NVDA's stock price, NVDX aims to increase by 2%, and vice versa. The fund invests at least 80% of its net assets in these swap agreements. Unlike traditional mutual funds or ETFs that diversify their holdings across multiple securities, NVDX is a non-diversified fund, concentrating its investments solely on NVDA. This concentration amplifies both the potential gains and losses, making it a higher-risk investment option. The fund's performance is directly tied to the daily movements of NVDA, and it is rebalanced daily to maintain the 200% leverage. NVDX is managed with the goal of providing a multiple of the daily performance of a single stock, appealing to sophisticated investors and active traders who closely monitor NVDA's stock.
What Products and Services Does NVDX Offer?
- Provides 2x leveraged exposure to the daily performance of NVIDIA (NVDA)
- Utilizes swap agreements with financial institutions to achieve its investment objective
- Offers a way for investors to potentially amplify short-term gains from NVDA's stock movements
- Rebalances its portfolio daily to maintain the 200% leverage
- Concentrates its investments solely on NVDA, making it a non-diversified fund
- Trades on major exchanges, providing liquidity for investors
- Offers a tool for active traders seeking to capitalize on short-term price movements in NVDA
How Does NVDX Make Money?
- Generates revenue through management fees charged to investors
- Uses swap agreements to gain leveraged exposure to NVIDIA's daily stock performance
- Rebalances its portfolio daily to maintain the target leverage ratio
What Industry Does NVDX Operate In?
NVDX operates within the leveraged ETF segment of the asset management industry. This segment caters to investors seeking to amplify returns through the use of financial derivatives and leverage. The broader asset management industry is experiencing growth driven by increasing investor demand for specialized investment products, including those offering exposure to specific sectors or investment strategies. However, leveraged ETFs like NVDX are subject to regulatory scrutiny due to their inherent risks and potential for significant losses, particularly in volatile market conditions. Competitors include other leveraged ETFs such as AMZU, GGLL, IETC, JSCP, and NUGT, which offer leveraged exposure to different assets or indices.
Who Are NVDX's Key Customers?
- Active traders seeking to amplify short-term gains
- Sophisticated investors with a high-risk tolerance
- Investors who closely monitor NVIDIA's stock performance
- Hedge funds and other institutional investors seeking leveraged exposure
NVDX Valuation & Market Position
With a $529M market cap, T-REX 2X Long NVIDIA Daily Target ETF sits in the small-cap segment of the market.
Key Financial Metrics
Return on equity for T-REX 2X Long NVIDIA Daily Target ETF stands at 0.0%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.0%, showing how much profit it generates from its asset base. NVDX trades at a trailing price-to-earnings ratio of 0.00, below the Financial Services sector average of ~18x. Its free cash flow yield is 0.0%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.00 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 0.0%, the inverse of the P/E and a quick read on earnings relative to price.
NVDX Financials
Bull Case vs Bear Case
Bull Case
- Offers high potential returns through 2x leverage
- Provides targeted exposure to NVIDIA, a leading technology company
- Liquid and easily tradable on major exchanges
- Can be used for short-term tactical trades or hedging strategies
Bear Case
- High risk due to leverage and concentration in a single stock
- Subject to daily rebalancing, which can erode returns over time
- Performance is highly dependent on NVIDIA's stock price
- May not be suitable for long-term investors
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
NVDX Latest News
No recent news available for NVDX.
NVDX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for NVDX.
Price Targets
Wall Street price target analysis for NVDX.
NVDX MoonshotScore
What does this score mean?
The MoonshotScore rates NVDX 0-100 on quantitative fundamentals — growth, financial health, valuation, momentum, and risk.
Common Questions About NVDX (Financial Services)
What does T-REX 2X Long NVIDIA Daily Target ETF do?
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) is a financial instrument designed to provide twice the daily percentage change in the price of NVIDIA (NVDA) stock. It achieves this leveraged exposure through the use of swap agreements, where the fund exchanges returns with major financial institutions based on NVDA's performance.
What do analysts say about NVDX stock?
As a leveraged ETF, NVDX is primarily evaluated based on its ability to track twice the daily performance of NVIDIA (NVDA). Analysts focus on factors such as NVDA's growth prospects, market sentiment, and overall economic conditions. Key valuation metrics include the fund's expense ratio and trading volume, which can impact its liquidity and cost-effectiveness.
What are the main risks for NVDX?
The primary risks associated with NVDX stem from its leveraged nature and concentration in a single stock. The 2x leverage amplifies both gains and losses, making it highly sensitive to NVIDIA's stock price volatility. Additionally, the daily rebalancing can erode returns over time, especially in choppy or sideways markets.
How does T-REX 2X Long NVIDIA Daily Target ETF make money in financial services?
T-REX 2X Long NVIDIA Daily Target ETF generates revenue primarily through management fees charged to investors. These fees are typically a percentage of the fund's assets under management (AUM). The fund's profitability is directly linked to its ability to attract and retain investors, which depends on its performance in tracking twice the daily returns of NVIDIA (NVDA).
How is T-REX 2X Long NVIDIA Daily Target ETF adapting to fintech disruption?
As a leveraged ETF, NVDX's adaptation to fintech disruption is primarily focused on improving trading efficiency and accessibility for investors. This includes leveraging online brokerage platforms and mobile trading apps to reach a wider audience. The fund provider may also explore partnerships with fintech companies to enhance its data analytics capabilities and improve its ability to track NVIDIA's stock performance.
What are the key factors to evaluate for NVDX?
Evaluate NVDX on fundamentals, analyst consensus, and risk factors. NVDX offers a high-risk, high-reward investment proposition for those seeking leveraged exposure to NVIDIA's daily stock performance. Not financial advice.
How frequently does NVDX data refresh on this page?
NVDX's price was last updated on Aug 21, 2026 and refreshes on page view during U.S. market hours — it is not a real-time exchange feed. Fundamentals update after quarterly filings; the MoonshotScore recalculates nightly; news aggregates continuously.
What has driven NVDX's recent stock price performance?
T-REX 2X Long NVIDIA Daily Target ETF (NVDX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Offers high potential returns through 2x leverage. See the News tab for the latest drivers. Past performance does not predict future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The analysis is based on publicly available information and may be subject to change.
- Leveraged ETFs are complex financial instruments and may not be suitable for all investors.
- Past performance is not indicative of future results.