Graniteshares 2x Long Nvidia Daily ETF logo

Graniteshares 2x Long Nvidia Daily ETF (NVDL)

Market Closed
5 Dec, 20:00
NASDAQ (NMS) NASDAQ (NMS)
$
85. 34
-1.05
-1.22%
$
4.33B Market Cap
40.45% Div Yield
9,933,888 Volume
$ 86.39
Previous Close
Day Range
83.88 87.49
Year Range
23.12 118.5
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Summary

NVDL closed Friday lower at $85.34, a decrease of 1.22% from Thursday's close, completing a monthly increase of 0.49% or $0.42. Over the past 12 months, NVDL stock gained 25.48%.
NVDL pays dividends to its shareholders, with the most recent payment made on Dec 29, 2023. The next estimated payment will be in 29 Jan 2024 on Jan 29, 2024 for a total of $1.68525.
Graniteshares 2x Long Nvidia Daily ETF has completed 1 stock splits, with the recent split occurring on Mar 13, 2024.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on NASDAQ (NMS) (USD).

NVDL Chart

NVDL: A Leveraged Nvidia Bet

NVDL: A Leveraged Nvidia Bet

The GraniteShares 2x Long NVDA Daily ETF offers leveraged exposure to Nvidia, ideal for investors bullish on AI-driven gains. Nvidia's explosive growth in AI GPUs and free cash flow makes leveraged exposure attractive, but the ETF is high-risk and suitable only for highly risk-tolerant investors. NVDL has delivered strong net asset value returns since inception, but it can underperform Nvidia over time due to beta-slippage.

Seekingalpha | 4 months ago
NVDL: How To Play An NVDA Breakout And A $220 Stock Target

NVDL: How To Play An NVDA Breakout And A $220 Stock Target

I maintain my buy rating on GraniteShares 2x Long NVDA Daily ETF, as Nvidia's technicals and bullish seasonality suggest further upside despite the recent rally. NVDA stock's valuation remains reasonable given its growth trajectory, with a potential breakout above $153 targeting $220 long-term. Leveraged ETFs like NVDL are risky and best suited for knowledgeable, active traders seeking short-term opportunities in NVDA's momentum.

Seekingalpha | 5 months ago
NVDL: Trump's Chip Restriction Is An Opportunity, NVDA Washed Out (Rating Upgrade)

NVDL: Trump's Chip Restriction Is An Opportunity, NVDA Washed Out (Rating Upgrade)

The Magnificent Seven stocks have stumbled in 2025, while defensive niches like gold miners have surged, with gold miners up 55% YTD. I am upgrading the GraniteShares 2x Long NVDA Daily ETF to a buy, seeing NVDA as washed out and undervalued below $90. May has been NVDA's best month on the calendar, and earnings are on tap.

Seekingalpha | 7 months ago

Graniteshares 2x Long Nvidia Daily ETF (NVDL) FAQ

What is the stock price today?

The current price is $85.34.

On which exchange is it traded?

Graniteshares 2x Long Nvidia Daily ETF is listed on NASDAQ (NMS).

What is its stock symbol?

The ticker symbol is NVDL.

Does it pay dividends? What is the current yield?

Yes, It pays dividends and the current yield is 40.45%.

What is its market cap?

As of today, the market cap is 4.33B.

Has Graniteshares 2x Long Nvidia Daily ETF ever had a stock split?

Graniteshares 2x Long Nvidia Daily ETF had 1 splits and the recent split was on Mar 13, 2024.

Graniteshares 2x Long Nvidia Daily ETF Profile

NASDAQ (NMS) Exchange
US Country

Overview

This company operates within the financial sector, focusing on creating investment opportunities through swap agreements with major financial institutions. Swap agreements are financial contracts where two parties agree to exchange the financial returns of different kinds of investments. In this case, the company and its partner institutions exchange returns based on the performance of an underlying stock. The agreements may vary in duration, ranging from as short as a day to over a year. This setup allows investors to gain exposure to the performance of specific stocks without directly owning them. The fund operates on a non-diversified basis, meaning it may choose to invest a significant portion of its assets in a limited number of swaps, potentially increasing the fund's risk and return profile.

Products and Services

  • Swap Agreements
  • Swap agreements are the primary offering of this company, involving a contractual arrangement between the fund and major financial institutions. These agreements are keyed to the performance of an underlying stock. They enable the exchange of returns or differentials in rates of return over a specified period. This product is designed for investors looking for exposure to specific assets or seeking to hedge other investments, without the need for direct investment in those assets.

  • Non-Diversified Investment Strategy
  • The investment strategy of the fund is explicitly non-diversified, allowing it to concentrate investments in specific swap agreements. This approach can lead to higher volatility and potentially higher returns, appealing to investors with a higher risk tolerance. By focusing on a limited number of high-conviction swaps, the fund aims to achieve significant growth, albeit with an increased risk profile.

Contact Information

Address: -
Phone: NA