NVDL | Graniteshares 2X Long Nvda Daily ETF short interest and earnings date annual report Mar, 2024 (2024)

FAQs

What is GraniteShares 2x long nvda daily etf? ›

The Fund is very di erent from most mutual funds and exchange-traded funds. The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corp. (NASDAQ: NVDA).

NVDL ETF functions by pooling investors' capital to purchase a diversified portfolio of related stocks, aiming to replicate the performance of the underlying index.

NVDL - Volatility Comparison. The current volatility for NVIDIA Corporation (NVDA) is 21.25%, while GraniteShares 2x Long NVDA Daily ETF (NVDL) has a volatility of 42.53%. This indicates that NVDA experiences smaller price fluctuations and is considered to be less risky than NVDL based on this measure.

Investors can hold the ETF for longer than a day, but returns can vary significantly from 2x exposure over longer periods. That's because the ETF resets its leverage daily. In oscillating markets, the leverage reset can significantly erode returns.

NVDL has a dividend yield of 3.42% and paid $1.69 per share in the past year. The last ex-dividend date was Dec 27, 2023.

Traders and investors can make money from an ETF by selling it at a higher price than what they bought it for. Investors could also receive dividends if they own an ETF that tracks dividend stocks. ETF providers make money mainly from the expense ratio of the funds they manage, as well as through transaction costs.

In the context of ETFs, short selling allows investors to profit from a potential decrease in the ETF's value by borrowing and selling shares. This strategy can be employed to hedge against market downturns or to capitalize on perceived market trends.

A 2x leveraged ETF is an exchange-traded fund that aims to double the performance of a specific index, asset, or single stock – based on the daily percentage change of that underlying asset. This means that if the asset increases by 1%, the ETF will increase by 2%.

Three Year Stock Price Total Return for NVIDIA is calculated as follows: Last Close Price [ 113.06 ] / Adj Prior Close Price [ 19.47 ] (-) 1 (=) Total Return [ 480.8% ] Prior price dividend adjustment factor is 1.00.

What is a good buy price for NVDA? ›

The average price target for Nvidia is $142.74. This is based on 41 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $200.00 ,the lowest forecast is $90.00.

AMD generally leads in frame rates, but Nvidia leads in ray tracing. Both AMD and Nvidia do a good job of ironing out compatibility issues and performance issues for games.

Generally the hardware that is designed for specific applications like a graphics card. Is gonna have higher overall performance. But the Apple Silicon stuff is way more power efficient because it uses a reduced instruction set architecture.

Nvidia Reportedly Delays Next-Generation Blackwell AI Chip; Big Implications For Sector. Nvidia has delayed the Blackwell B200 AI chip by at least three months, The Information reported. That could affect Nvidia stock as well as key AI rivals and partners.

A 2x leveraged ETF is an exchange-traded fund that aims to double the performance of a specific index, asset, or single stock – based on the daily percentage change of that underlying asset. This means that if the asset increases by 1%, the ETF will increase by 2%.

In the case of an ETF providing long 2-times leveraged exposure, they would typically attain exposure to a notional set of assets equal to 2 times their NAV. An example would be an ETF that takes in 100 units in assets that does a swap with a counterparty to provide exposure to 200 units in performing assets.

Leveraged 2X ETFs are funds that track a wide variety of asset classes, such as stocks, bonds or commodity futures, and apply leverage in order to gain two times the daily or monthly return of the underlying index.

Leveraged inverse ETFs use the same concept as leveraged products and aim to deliver a magnified return when the market is falling. For example, if the S&P has declined by 2% in a day, a 2X-leveraged inverse ETF will deliver a 4% positive daily return to the investor excluding fees and commissions.