GraniteShares 2x Long NVDA Daily ETF vs Carparts.Com Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.43, while Carparts.Com Inc trades at $5.09 (market cap $41.22M). The key difference: GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Carparts.Com Inc nearer its low. Which is the better fit depends on your goals.
| NVDL | PRTS | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $43.02 | $11.40 |
52-Week Low | $21.76 | $3.88 |
Market Cap | — | $41.22M |
Enterprise Value | — | $56.19M |
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 →CarParts.com Inc is an online provider of automotive aftermarket parts and repair information. The company principally sells its products to individual consumers through its network of websites and online marketplaces. The company's products consist of collision parts serving the body repair market, engine parts to serve the replacement parts market, and performance parts and accessories.
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