NVDL — GraniteShares 2x Long NVDA Daily ETF
GraniteShares 2x Long NVDA Daily ETF (ticker: NVDL) is a equity ETF issued by GraniteShares tracking ACTIVE - No Index. It was launched on 2022-12-13.
About NVDL
NVDL is an actively managed leveraged equity ETF that provides 2x daily leveraged exposure to the price movements of NVIDIA common stock. The fund primarily holds a combination of the underlying NVIDIA stock and cash.
This ETF is designed for investors seeking magnified daily returns from NVIDIA. It is important to note that due to its leveraged nature, NVDL is intended for short-term trading and not long-term holding. Investors should be aware that compounding of returns over periods longer than a single day can lead to results that differ significantly from 2x the performance of the underlying asset.
- Provides 2x daily leveraged exposure to NVIDIA stock.
- Actively managed with a focus on U.S. Semiconductors.
- Expense ratio of 1.05%.
- Total of 2 holdings, primarily NVIDIA stock and cash.
- Average daily volume is approximately 8.3 million shares.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 7.19% |
| 1 Week | 6.35% |
| 1 Month | -6.23% |
| 3 Months | 17.77% |
| 6 Months | 7.57% |
| YTD | 5.64% |
| 1 Year | 29.18% |
| 3 Years | 633.42% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | NVDA | NVDA | 201.15% |
| 2 | NVDA | NVDA | 201.15% |
| 3 | NVIDIA Corp | NVDA | 200.45% |
| 4 | NVIDIA Corp | NVDA | 200.45% |
| 5 | NVIDIA Corp | NVDA | 200.45% |
| 6 | NVIDIA Corp | NVDA | 200.45% |
| 7 | NVDA | NVDA | 200.28% |
| 8 | NVDA | NVDA | 200.28% |
| 9 | NVDA | NVDA | 200.28% |
| 10 | NVDA | NVDA | 200.28% |
Fund Profile
| Issuer | GraniteShares |
|---|---|
| Brand | GraniteShares |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Semiconductors |
| Sector | Semiconductors |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2022-12-13 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | NVDL |
|---|---|
| Full Name | GraniteShares 2x Long NVDA Daily ETF |
| Issuer | GraniteShares |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $4.36B |
| Inception | 2022-12-13 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does NVDL track?
NVDL (GraniteShares 2x Long NVDA Daily ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of NVDL?
NVDL has an expense ratio of 0.01% per year.
What is the AUM of NVDL?
NVDL has approximately $4.36B in assets under management.
Does NVDL pay a dividend?
NVDL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues NVDL?
NVDL is issued by GraniteShares, launched on 2022-12-13.
Open the interactive NVDL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.