Compare GraniteShares 2x Long NVDA Daily ETF (NVDL) vs Reddit Inc (RDDT) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
GraniteShares 2x Long NVDA Daily ETF vs Reddit Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.37, while Reddit Inc trades at $185.73 (market cap $34.97B). Which is the better fit depends on your goals.
| NVDL | RDDT | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $43.02 | $270.71 |
52-Week Low | $21.76 | $121.84 |
Market Cap | — | $34.97B |
Enterprise Value | — | $32.22B |
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
Aura AI Summary
Signals from Pluang's Aura AI — not financial advice
NVDL, the GraniteShares 2x Long NVDA Daily ETF, trades at $30.51 with a 0.76% daily gain, though technical indicators signal a bearish trend. The fund provides 2x daily leveraged exposure to NVIDIA's stock performance, experiencing significant volatility with a recent 12% single-day drop. Recent corporate actions include two 1:3 stock splits scheduled for June 2026.
The outlook remains tied to NVIDIA's AI-driven growth but carries substantial risk from daily leverage reset mechanics. While the fund has delivered strong YTD returns of 12.66%, historical volatility highlights the compounding risks during market downturns. Investors face amplified losses during NVIDIA price declines despite potential for outsized gains in bullish periods.
Reddit (RDDT) trades at $181.67, up 0.21% today, with a bearish technical signal but strong fundamentals including 91.37% gross margins and recent earnings beats. Analyst consensus is bullish with a $236.89 price target, and institutional interest is rising, as seen with Andra AP fonden's 152.6% stake increase in Q1 2026 (SEC filing, July 21, 2026).
The outlook is positive due to robust revenue growth and AI initiatives, but risks include high valuation multiples and competitive pressures. Near-term focus is on Q2 2026 earnings due July 30, 2026, which could drive volatility.
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About GraniteShares 2x Long NVDA Daily ETF
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 →About Reddit Inc
Reddit Inc. operates a vast network of online communities organized around various interests, known as 'subreddits'. Functioning as a hybrid of a social media platform and a discussion forum, the company generates revenue primarily through advertising and premium subscriptions. Reddit is a major hub for user-generated content, trending news, and viral discussions, and it is a key player in the digital advertising and social media landscape.
Read more on RDDT →
