All eyes will turn to NVIDIA (NVDA) after Wednesday’s closing bell, when the mega-cap chipmaker is set to release its latest quarterly earnings results. Given the company’s dominant position in global equity markets, the report is expected to draw intense scrutiny from both individual shareholders and ETF investors alike.
With a market capitalization of approximately $4.7T, Nvidia occupies a central position in portfolio construction across both active and passive funds. The company is currently held in 760 exchange traded funds, which collectively own roughly 3.6B shares. That level of ownership underscores Nvidia’s outsized role within benchmark indexes and thematic products tied to artificial intelligence, semiconductors, and large-cap growth.
As a result, post-earnings volatility in NVDA could meaningfully influence fund performance across a broad swath of the ETF universe. Products with concentrated allocations may experience amplified moves, while diversified index funds could also see noticeable shifts given the stock’s significant index weighting.
Outlined below are the ten exchange traded funds with the largest portfolio allocations to Nvidia, highlighting where earnings-driven price action may have the greatest immediate impact.
- GraniteShares 2x Long NVDA Daily ETF (NVDL) — 26.38%
- ProShares Ultra Semiconductors (USD) — 24.33%
- Global X PureCap MSCI Information Technology ETF (GXPT) — 23.37%
- VanEck Fabless Semiconductor ETF (SMHX) — 21.23%
- AXS Esoterica NextG Economy ETF (WUGI) — 21.11%
- iShares ESG Advanced MSCI USA ETF (USXF) — 19.68%
- Strive U.S. Semiconductor ETF (SHOC) — 19.13%
- VanEck Semiconductor ETF (SMH) — 18.58%
- iShares Global Tech ETF (IXN) — 18.37%
- Fidelity MSCI Information Technology Index ETF (FTEC) — 18.18%