GraniteShares 2x Long NVDA Daily ETF vs Oxford Lane Capital Corp — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Oxford Lane Capital Corp trades at $8.82 (market cap $866.15M). The key difference: Oxford Lane Capital Corp pays a 27.06% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Oxford Lane Capital Corp nearer its low. Which is the better fit depends on your goals.
| NVDL | OXLC | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $43.02 | $19.90 |
52-Week Low | $21.76 | $8.15 |
Market Cap | — | $866.15M |
Dividend Yield | — | 27.06% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →