This 2x Nvidia ETF Is Up 31% YTD and 121% Over the Last Year
A $10,000 stake in GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) at the start of 2026 is worth about $11,266 as of the June 8 close, a 12.66% year-to-date gain that still beats the 8.4% return on the SPDR S&P 500 ETF over the same stretch.
NVDL Collapsed 12% in a Single Day as Nvidia Lost $279 Billion, Exposing How Leverage Compounds on Bad Tape
If you owned GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) into the close on Friday, June 5, 2026, your screen looked broken.
NVDL Lost 67 Percent in Early 2025 While NVIDIA Fell Far Less, And the Daily Reset Did Most of It
The pitch behind GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) is elegantly simple.
NVDL Surges 5.5% On Monday as NVIDIA and Semiconductor Stocks Rebound
Semiconductor stocks caught a major bid on Monday, with NVIDIA (NVDA) shares rebounding and its leveraged ETFs amplifying the move.
NVDL: Trading On Share Price Volatility Going Into The Next Bull Wave
GraniteShares 2x Long NVDA Daily ETF offers leveraged daily exposure to Nvidia, suitable only for experienced traders seeking short-term trades. I see NVDA's growth underpinned by hyperscaler capital outlays, ongoing GPU/CPU replacement cycles, and gradual enterprise AI adoption, despite market uncertainty. Custom silicon deals by hyperscalers raise competitive questions, but I expect NVDA to maintain leadership amid surging AI infrastructure investment.
February 25th Will Be a Make or Break Day for NVDL
NVDL offers a straightforward but unforgiving proposition: double Nvidia's daily return, every day.
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.
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.
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.
What's behind the explosion in leverage and inverse ETFs
Investors are not shying away from taking on more risk and are now turning to leveraged and inverse ETFs. Douglas Yones, Direxion CEO, and Todd Rosenbluth, VettaFi head of research, sit with CNBC's Bob Pisani to dig into the investors leading the charge, the products dominating the market and the growth of single-stock ETFs.
Top-Performing Leveraged ETFs of Last Week
These equity-based inverse/leveraged ETFs topped last week despite a downbeat market.
NVDL: Patience Required As NVIDIA Shares Fall Amid DeepSeek, Tariff Jitters
I have a hold rating on NVDL, but would upgrade if NVDA shares approach long-term support at $100. NVDA's current valuation is attractive, trading near 25-30x forward EPS, but NVDL's leveraged nature makes it a short-term play. February's historical strength and upcoming Q4 earnings report could be pivotal for NVDA and NVDL's performance.
