# Leverage Shares -1x NVIDIA ETP (SNVD)

**Source:** https://fundology.uk/fund/snvd · ISIN XS2944886188 · 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 05/10/2026, SNVD (Leverage Shares -1x NVIDIA ETP, ISIN XS2944886188) closed at £9.61 on the London Stock Exchange. Its ongoing charge is 2.78% a year (about £278 on £10,000). Over the three years to 05/10/2026 its total return was −90.0%, or −91.0% after UK CPIH inflation.

## Summary

Leverage Shares -1x NVIDIA ETP is an exchange-traded product from Leverage Shares, launched in 2020. 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 2.78% a year — about £278 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: **£9.61** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SNVD |
| ISIN | XS2944886188 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | Leverage Shares |
| Tracks | iSTOXX Leveraged -1X TSLA Index - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 2.78% a year (£278 per £10,000) |
| Fund size | £184k |
| Launched | 2020 |
| Domicile | Ireland |

## Past returns (periods to 05/10/2026)

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 | -27.41% | -29.69% | income reinvested |
| 3 years | -89.98% | -90.96% | income reinvested |

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

## Charges compared with similar funds

Ongoing charge of Leverage Shares -1x NVIDIA ETP 2.78% a year, as of 03/10/2026: 66 of the 259 other leveraged and inverse products charge more, 3 the same and 190 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **2.78%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of SNVD?**

The ongoing charge of SNVD is 2.78% a year — about £278 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Leverage Shares -1x NVIDIA ETP 2.78% a year, as of 03/10/2026: 66 of the 259 other leveraged and inverse products charge more, 3 the same and 190 less (share classes counted once).

**What does SNVD track?**

SNVD tracks the iSTOXX Leveraged -1X TSLA Index.

**Is SNVD accumulating or distributing?**

SNVD is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of SNVD?**

The ISIN of SNVD is XS2944886188. An ISIN identifies one exact share class of a fund; SNVD is its ticker on the London Stock Exchange.

**How has SNVD done after inflation?**

Over the three years to 05/10/2026 SNVD’s total return was −90.0%, or −91.0% after UK CPIH inflation. Past performance is not a guide to future returns.

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