GraniteShares 2x Long NVDA Daily ETF vs ON Holding AG — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.4, while ON Holding AG trades at $37.31 (market cap $12.55B). The key difference: GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, ON Holding AG nearer its low. Which is the better fit depends on your goals.
| NVDL | ONON | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $53.21 |
52-Week Low | $21.76 | $31.88 |
Market Cap | — | $12.55B |
Enterprise Value | — | $11.87B |
Trailing returns across standard periods
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 →ON Holding AG is a Swiss sports company primarily known for its high-performance running shoes, apparel, and accessories under the 'On' brand. The company emphasizes a blend of high-end design, proprietary cloud technology (like CloudTec cushioning), and sustainability in its products. On has rapidly gained market share globally, appealing to both competitive athletes and general consumers in the performance and lifestyle footwear segments.
Read more on ONON →