Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary
Research > ETFs > ETF / ETP Commentary > 

Nvidia Earnings in the Books, But This ETF Remains Useful

BY | ETF Database
9:13 am ET 05/22/26 | 9 VIEWS
Nvidia (NVDA) earnings are now a thing of the past with markets having effectively digested another stellar quarter from the largest company by market capitalization.Overall, it’s safe to say that the reaction to the semiconductor giant’s latest quarterly update was muted, but that doesn’t mean the bellwether stock will be quiet in the coming months. That’s unlikely. Likewise, there’s still reasons for active traders to keep an eye on the Direxion Daily NVDA Bull 2X Shares (NVDU A-), which attempts to deliver 200% of the daily returns of the chip behemoth. As Ryan Lee, senior vice president of product and strategy at Direxion, points out, some other semiconductor stocks may be more “darlings” today than Nvidia is, but there’s no getting around the fact that Nvidia is a market-mover. Alone, that status indicates NVDU could be an ETF for short-term traders to keep on their screens. See more: Nvidia Cements Its Quality Characteristics After Q1 Earnings BeatNVDU Still Has CatalystsEarnings reports make for the ideal times to trade geared ETFs such as NVDU. However, there are also likely to be plenty of non-earnings occasions over the remainder of 2026 during which NVDU could be useful to agile traders. Any updates regarding the US/China trade relationship stand as an example. “If the importance of Nvidia was ever in doubt, the President stopping Air Force One in Alaska for Jensen to join the US-China summit reaffirmed that the chip leader remains at the forefront of not just the AI trade, but the broader geopolitical landscape,” noted Lee. “Any H200 sales to China should be purely additive, and the US-China summit potentially opening the China floodgates for NVDA could provide the catalyst needed to bring the chip giant another leg higher, though it continues to exclude this from next quarter’s forecast.” As Jake Behan, head of capital markets at Direxion, explained, Nvidia margins remain impressive, though markets seem to be demanding perfection on that front. If investors can reconcile that impressive margin growth is good enough, NVDU could gain more catalysts in the months ahead. “Margins holding around 75% despite higher costs signal that Nvidia still has pricing power, with the Blackwell ramp helping offset rising inputs and support profitability even before the Vera Rubin platform cycle kicks in,” said Behan. Bottom line: Nvidia is still the stock investors look to when it comes to gauging the artificial intelligence (AI) trade and that status is enough to make NVDU one of the marquee leveraged ETFs. For more news, information, and analysis, visit the Leveraged & Inverse Content Hub.

More Commentary

From Institutional to Public Portfolios: Access Private Credit With PCR
BY | ETF Database
9:34 am ET 05/22/26 | 2 VIEWS
The 4% Bitcoin Boost for Balanced Portfolios
BY | ETF Database
5:24 am ET 05/22/26 | 23 VIEWS
How Autocallable ETFs Unlock New Yield Dimensions
BY | ETF Database
7:48 am ET 05/22/26 | 8 VIEWS
View more Commentary

Search Commentary

Enter Keyword(s)
Filter Results

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.