McCormick & Company, Incorporated vs GraniteShares 2x Long NVDA Daily ETF — how do they compare? McCormick & Company, Incorporated trades at $52.01 (market cap $14.04B), while GraniteShares 2x Long NVDA Daily ETF trades at $31.43. The key difference: McCormick & Company, Incorporated pays a 3.68% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, McCormick & Company, Incorporated nearer its low. Which is the better fit depends on your goals.
| MKC | NVDL | |
|---|---|---|
Market Cap | $14.04B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $72.81 | $43.02 |
52-Week Low | $45.60 | $21.76 |
Enterprise Value | $18.65B | — |
Dividend Yield | 3.68% | — |
Trailing returns across standard periods
In its 130-year history, McCormick has grown to become the leading global manufacturer, marketer, and distributor of spices, herbs, extracts, seasonings, and other flavorings. Beyond end consumers, McCormick's customer base also includes top quick-service restaurants, retail grocery chains, and other packaged food and beverage manufacturers, with about 30% of sales generated beyond its home turf to include 150 other countries and territories. In addition to its namesake brand, the firm's portfolio includes Old Bay, Zatarain's, Thai Kitchen, Frank's RedHot, French's, and the recently acquired Cholula brand.
Read more on MKC →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 →