GraniteShares 2x Long NVDA Daily ETFGraniteShares 2x Long NVDA Daily ETFGraniteShares 2x Long NVDA Daily ETF

GraniteShares 2x Long NVDA Daily ETF

No trades
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Key stats

Assets under management (AUM)
‪4.60 B‬USD
Fund flows (1Y)
‪1.85 B‬USD
Dividend yield (indicated)
12.95%
Discount/Premium to NAV
−5.9%

About GraniteShares 2x Long NVDA Daily ETF

Issuer
GraniteShares, Inc.
Brand
GraniteShares
Expense ratio
1.15%
Inception date
Dec 13, 2022
Index tracked
No Underlying Index
Management style
Active
NVDL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of NVIDIA stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification

Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Semiconductors
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of June 21, 2024
Exposure type
StocksBonds, Cash & Other
Cash
Stocks12.55%
Electronic Technology7.26%
Bonds, Cash & Other87.45%
Cash160.28%
Rights & Warrants5.09%
Miscellaneous−77.92%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows