GraniteShares 2x Long NVDA Daily ETF (NVDL)
GraniteShares 2x Long NVDA Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $35.72, up 0.45% on the session, giving a market capitalisation of $3.39B. Its beta of 3.59 implies it has historically moved more than the broad market.
This Fund aims to deliver daily returns that, before factoring in fees and expenses, are two times (200%) the daily percentage fluctuation of NVIDIA Corp's (NASDAQ: NVDA) common stock. There is no certainty, however, that the Fund will always meet this specific goal. Furthermore, investors should not expect the Fund to provide double the total accumulated return of NVDA for any timeframe extending beyond a single day.
GraniteShares 2x Long NVDA Daily ETF is most often compared with the following Financial Services names: