Consolidated Edison, Inc. vs GraniteShares 2x Long NVDA Daily ETF — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.76B), while GraniteShares 2x Long NVDA Daily ETF trades at $35.32. The key difference: Consolidated Edison, Inc. pays a 3.27% dividend while GraniteShares 2x Long NVDA Daily ETF pays none. Which is the better fit depends on your goals.
| ED | NVDL | |
|---|---|---|
Market Cap | $39.76B | — |
Sector | Utilities | Leveraged / Inverse |
52-Week High | $115.46 | $43.02 |
52-Week Low | $95.37 | $21.76 |
Enterprise Value | $66.61B | — |
Dividend Yield | 3.27% | — |
Trailing returns across standard periods
Latest headlines on both assets
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →NVDL is a leveraged ETF that seeks daily investment results corresponding to 200% (2x) of the daily performance of NVIDIA Corporation (NVDA) stock. It is designed as a tactical trading tool for investors with a strong bullish (long) view on NVDA. Due to the effects of compounding and leverage, the ETF is intended to be held for a single day and is not suitable for long-term investment, as its performance over longer periods may significantly deviate from two times the performance of the NVDA stock.
Read more on NVDL →