Illinois Tool Works Inc. vs GraniteShares 2x Long NVDA Daily ETF — how do they compare? Illinois Tool Works Inc. trades at $271.88 (market cap $78.17B), while GraniteShares 2x Long NVDA Daily ETF trades at $31.53. The key difference: Illinois Tool Works Inc. pays a 2.37% dividend while GraniteShares 2x Long NVDA Daily ETF pays none. Which is the better fit depends on your goals.
| ITW | NVDL | |
|---|---|---|
Market Cap | $78.17B | — |
Sector | Industrials | Leveraged / Inverse |
52-Week High | $299.60 | $43.02 |
52-Week Low | $241.07 | $21.76 |
Enterprise Value | $86.49B | — |
Dividend Yield | 2.37% | — |
Trailing returns across standard periods
Latest headlines on both assets
Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.
Read more on ITW →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 →