NVDLGraniteShares 2x Long NVDA Daily ETF
Seeks daily investment results of 200% of the daily performance of Nvidia stock.
Graniteshares · Since 2022 (3 years)
1.05%
#4864 out of 5,332 ETFs
$3.7B
#457 out of 5,332 ETFs
0.00%
3 years
#2972 out of 5,332 ETFs
Performance
1 Year
+165.8%
3 Years
+140.0%
5 Years
N/A
What's inside
Asset allocation
Sector breakdown
Risk profile
67.7%
High
-67.6%
Worst peak-to-trough loss
1.37
Excellent risk-adjusted returns
2.12
Good downside protection
Similar ETFs
Our take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Leveraged single-stock ETF — documented structural drag
Single-stock leveraged ETFs magnify one stock's daily move. Research on these products (Bessembinder et al., 2024) finds 56% posted negative absolute returns over one year, with ~9.5% annual drag versus the underlying stock. Daily rebalancing plus financing costs work against the investor on any holding period longer than a few days.
Source: Bessembinder, Cooper, Zhang — 'Leveraged Single-Stock ETFs' (SSRN 2024)
Why we flagged this: strategy=leveraged + single_stock_wrapper
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
Data updated on 2026-05-05