🔴 NVD ETF (NVD) is trading 3.3% down today ahead of Nvidia earnings

GraniteShares 2x Short NVDA Daily ETF (NVD) is trading 3.3% down today as traders position ahead of NVIDIA’s Q1 fiscal 2027 earnings report scheduled for after the close on May 20, 2026.

• Because the ETF targets -2x the daily move of NVIDIA, it is declining in response to firmer tech sentiment and positive Nasdaq futures.
• Broader index futures are modestly higher with tech leading the market, outweighing recent volatility in interest rates and geopolitical tensions.