GraniteShares 2x Long NVDA Daily ETF vs Ferrari NV — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Ferrari NV trades at $367.23 (market cap $65.48B). The key difference: Ferrari NV pays a 1.14% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Ferrari NV nearer its low. Which is the better fit depends on your goals.
| NVDL | RACE | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $43.02 | $517.65 |
52-Week Low | $21.76 | $314.63 |
Market Cap | — | $65.48B |
Enterprise Value | — | $66.69B |
Dividend Yield | — | 1.14% |
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 →Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients.
Read more on RACE →