GraniteShares 2x Long NVDA Daily ETF vs Royal Caribbean Cruises Ltd — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Royal Caribbean Cruises Ltd trades at $286.28 (market cap $76.75B). The key difference: Royal Caribbean Cruises Ltd pays a 1.75% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Royal Caribbean Cruises Ltd nearer its low. Which is the better fit depends on your goals.
| NVDL | RCL | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $43.02 | $365.84 |
52-Week Low | $21.76 | $246.71 |
Market Cap | — | $76.75B |
Enterprise Value | — | $98.03B |
Dividend Yield | — | 1.75% |
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 →Royal Caribbean is the world's second-largest cruise company, operating 64 ships across five global and partner brands in the cruise vacation industry, with 10 more ships on order. Brands the company operates include Royal Caribbean International, Celebrity Cruises, and Silversea. The company also has a 50% investment in a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises, allowing it to compete on the basis of innovation, quality of ships and service, variety of itineraries, choice of destinations, and price. The company completed the divestiture of its Azamara brand in the first quarter of 2021.
Read more on RCL →