Nvidia (NVDA) will release its quarterly results on Wednesday after the closing bell, a report that could either reinvigorate the market or deepen November’s ongoing pullback.
The outcome is expected to reverberate well beyond the company itself, with implications for the broader technology sector and the vast exchange traded fund ecosystem.
Now a bellwether for both semiconductors and mega-cap tech, Nvidia has become one of the most influential stocks in the ETF landscape. It is held in a total of 717 funds, representing more than 3.5 billion shares in aggregate—highlighting its outsized presence in portfolios across Wall Street.
Given that level of exposure, Nvidia’s results could meaningfully sway some of the market’s most actively traded ETFs, influencing performance for millions of investors. Outlined below are the 10 ETFs with the largest allocations currently tied to NVDA include:
No. 1: GraniteShares 2x Long NVDA Daily ETF (NVDL), 26.38% allocation.
No. 2: ProShares Ultra Semiconductors (USD), 23.38% allocation.
No. 3: Global X PureCap MSCI Information Technology ETF (GXPT), 22.49% allocation.
No. 4: Shares ESG Advanced MSCI USA ETF (USXF), 21.35% allocation.
No. 5: VanEck Fabless Semiconductor ETF (SMHX), 20.74% allocation.
No. 6: Strive U.S. Semiconductor ETF (SHOC), 20.59% allocation.
No. 7: Tradr 1.75X Long NVDA Weekly ETF (NVDW), 19.97% allocation.
No. 8: iShares Global Tech ETF (IXN), 19.08% allocation.
No. 9: Columbia Semiconductor and Technology ETF (SEMI), 19.07% allocation.
No. 10: American Century Focused Dynamic Growth ETF (FDG), 18.96% allocation.