# Leverage Shares 2x NVIDIA ETP (2NVD)

**Source:** https://fundology.uk/fund/2nvd · ISIN XS2820604853 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, 2NVD (Leverage Shares 2x NVIDIA ETP, ISIN XS2820604853) closed at £69.72 on the London Stock Exchange. Its ongoing charge is 2.28% a year (about £228 on £10,000). Over the year to 30/09/2026 its total return was +26.9%, or +22.9% after UK CPIH inflation.

## Summary

Leverage Shares 2x NVIDIA ETP is an exchange-traded product from Leverage Shares, launched in 2017. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 2.28% a year — about £228 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **£69.72** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 2NVD |
| ISIN | XS2820604853 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Tracks | NYSE Leveraged 2x NVDA Index |
| Income | Accumulating |
| Ongoing charge | 2.28% a year (£228 per £10,000) |
| Fund size | £4.7m |
| Launched | 2017 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +26.92% | +22.93% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Leverage Shares 2x NVIDIA ETP in pounds (price, with income reinvested in the fund): 2025 +23.8%; 2026 to 30/09/2026 +28.7%. Returns of Leverage Shares 2x NVIDIA ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +36.5%; to 30/09/2025: +52.5%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2025 | +23.8% | +19.6% | Price |
| 2026 to 30/09/2026 | +28.7% | +25.2% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 69.18% | -38.12% |

## Largest fall

Volatility of Leverage Shares 2x NVIDIA ETP in pounds, annualised from weekly returns to 30/09/2026: 69.2% over 1 year. Largest fall in the price of Leverage Shares 2x NVIDIA ETP since May 2024, in pounds: −65.4% from 08/11/2024 to 04/04/2025. The lowest 12-month return of Leverage Shares 2x NVIDIA ETP in pounds (price, with income reinvested in the fund) since May 2024 was −28.3% (12 months to 13/06/2025); the highest was +214.1% (12 months to 17/04/2026). On 30/09/2026 the price of Leverage Shares 2x NVIDIA ETP was 5.8% below its highest weekly close since May 2024 (15/05/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of Leverage Shares 2x NVIDIA ETP 2.28% a year, as of 01/10/2026: 80 of the 280 other leveraged and inverse products charge more, 12 the same and 188 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **2.28%** per year
- ISA eligible: yes
- SIPP eligible: yes

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.