NVIB Direxion Shares ETF Trust - Direxion NVDA Defined Income Boost ETF
Quote as of Oct 26, 2026 16:57 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 25.80 | Day Range | 25.80 – 26.39 |
| 52-Week Range | 24.15 – 29.89 | Volume | 902 |
| Avg Volume | 715 | AUM | $2.3M (Oct 26, 2026) |
| Expense Ratio | 0.99% | Yield (TTM) | 4.47% |
| NAV | 25.90 | Premium/Discount | +1.89% indicative |
| Inception | Jul 29, 2026 | Holdings | 6 |
| Issuer | Direxion | Exchange | CBOE |
| Category | — | Index Tracked | Not stated in source data |
| CUSIP | 25461H366 | ISIN | US25461H3663 |
| Management | Not stated in source data | ||
About this ETF
NVIB aims to generate high income from the stock volatility of NVIDIA Corporation (NASDAQ: NVDA). The ETF uses swaps to track an index that systematically writes weekly, out-of-the-money call options on NVDA, targeting a specific annualized distribution rate, distributed twice per month. NVIB adds a daily delta hedging strategy, which adjusts NVDA exposure each trading day to offset the negative delta of the short call position. This approach is designed to allow participation in NVDA's upside price movements. The option strike price selection process is formulaic and recalibrated weekly based on NVDA's price and implied volatility. The strategy also includes an options unwind feature that may close an option position early if certain thresholds are met. Distributions are characterized as ordinary income, though investors should note that if the strategy does not generate sufficient income in a given period, distributions may be partially characterized as a return of capital.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -7.69% | — | — | — | — | — | — | — | +6.83% |
| Total return | -6.11% | — | — | — | — | — | — | — | +11.40% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.99% | Annual cost of a $10,000 investment | $99.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 6 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | NVDACW SWAP ASSET LEG | — | 35.03% | 29.75K | $2.4M |
| 2 | RECV NVDA ASSET SWAP | — | 30.73% | 9.85K | $2.1M |
| 3 | DREYFUS TRSRY SECURITIES CASH MGMT | — | 12.76% | 868.30K | $868.3K |
| 4 | GOLDMAN SACHS FIN GOV 465 INSTITUT | — | 9.70% | 660.00K | $660.0K |
| 5 | DREYFUS GOVT CASH MAN INS | — | 8.03% | 546.29K | $546.3K |
| 6 | NVIDIA CORP | NVDA | 3.74% | 1.20K | $254.7K |
Click a ticker to see every ETF that owns it.
Distributions
| Yield (TTM) | 4.47% | Paid (last 12 months) | $1.1541 |
| Frequency | Irregular | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 15, 2026 | Last payment | $0.2367 (Oct 16, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 15, 2026 | Oct 15, 2026 | Oct 16, 2026 | $0.2367 |
| Sep 30, 2026 | Sep 30, 2026 | Oct 01, 2026 | $0.2378 |
| Sep 15, 2026 | Sep 15, 2026 | Sep 16, 2026 | $0.2277 |
| Aug 28, 2026 | Aug 28, 2026 | Aug 31, 2026 | $0.2173 |
| Aug 14, 2026 | Aug 14, 2026 | Aug 17, 2026 | $0.2345 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 902 | Average volume | 715 |
| AUM | $2.3M | Premium/Discount | +1.89% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | -$21.0K | -0.87% | $2.4M → $2.3M |
| 1 Month | $23.9K | +0.95% | $2.5M → $2.3M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for NVIB
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.