Investing in Graniteshares 2x Long NVDA Daily

Investing in Graniteshares 2x Long NVDA Daily can be a high-risk, high-reward opportunity.

This product allows you to gain two times the daily return of NVIDIA Corporation's stock price movements, making it a leveraged investment vehicle.

Graniteshares 2x Long NVDA Daily is designed to track the daily return of NVIDIA Corporation's stock price movements, but with a 2x multiplier applied.

Investors should be aware that this product is not suitable for all investors, particularly those with a low risk tolerance.

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Graniteshares 2x Long NVDA is a leveraged ETF that attempts to replicate 2 times the daily percentage change of Nvidia's stock.

It's an actively managed exchange traded fund, meaning its performance is not based solely on a set formula, but rather on the decisions of its managers.

The fund primarily obtains its notional exposure to Nvidia's stock through swap agreements.

It's worth noting that this fund is non-diversified, which means it invests in a single stock, in this case, Nvidia.

The fund's goal is to provide 2 times the daily percentage change of Nvidia's stock, not the cumulative return over longer periods.

For example, if Nvidia's stock price rises 10% in a day, the fund aims to increase by 20% that day, but it's not designed to provide 2 times the cumulative return over several days or weeks.

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The GraniteShares 2x Long NVDA Daily ETF is an actively managed exchange-traded fund that attempts to replicate 2 times the daily percentage change of NVIDIA Corp's common stock.

The fund is non-diversified, meaning it invests primarily in a single stock, and aims to obtain its notional exposure against NVIDIA through swap agreements.

The fund's objective is to provide daily investment results, before fees and expenses, of 200% the daily percentage change of NVIDIA's common stock.

The fund is not expected to provide 2 times the cumulative return of NVIDIA for periods greater than a day.

The GraniteShares 2x Long NVDA Daily ETF has a quoted market value of $4,440,176,038 and 49,550,006 shares outstanding.

Here are the fund's current trading prices:

The fund does not pay an annual dividend or yield.

The GraniteShares 2x Long NVDA Daily ETF, or NVDL, has delivered impressive returns, especially in the short term. As of 9/16/2025, its trailing returns are available, and it's categorized under Trading--Leveraged Equity.

NVDL's performance is quite volatile, with significant fluctuations in the 1-month period. The fund's price dropped to 76.94, a 23.29% decrease from its peak on 09/17/25.

Here's a breakdown of NVDL's performance over different periods:

NVDL's performance is closely tied to the fluctuations in Nvidia's stock price. In 2024, the fund surged twice, along with other crypto-focused ETFs, which is not surprising given their focus.

Graniteshares 2x Long NVDA is a leveraged exchange-traded fund (ETF) that aims to provide 2x the daily returns of NVIDIA Corporation. This ETF is designed for investors looking to amplify their gains in the tech giant's stock.

The fund is managed by Graniteshares, a well-established provider of leveraged and inverse ETFs. Graniteshares has a strong track record of creating products that cater to the needs of sophisticated investors.

NVIDIA Corporation is a leading manufacturer of graphics processing units (GPUs) and high-performance computing hardware. The company's products are used in a wide range of applications, from gaming to artificial intelligence and professional visualization.

The Graniteshares 2x Long NVDA ETF is designed to be used as a short-term trading tool, not as a long-term investment. This means that investors should be prepared to close their positions before market close to avoid overnight risks.