GraniteShares 2x Long NVDA Daily ETF vs Riot Platforms Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.59, while Riot Platforms Inc trades at $21.55 (market cap $7.53B). The key difference: Riot Platforms Inc is trading nearer its 52-week high, GraniteShares 2x Long NVDA Daily ETF nearer its low. Which is the better fit depends on your goals.
| NVDL | RIOT | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $28.67 |
52-Week Low | $21.76 | $11.03 |
Market Cap | — | $7.53B |
Enterprise Value | — | $8.20B |
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 →Riot Platforms, Inc. is a Bitcoin mining company that focuses on building, operating, and expanding large-scale infrastructure for digital asset mining in North America. The company's operations include Bitcoin mining, data center hosting, and engineering solutions. Riot's strategy emphasizes vertical integration to maximize efficiency and scale its mining capacity, aiming to be a leader in the global Bitcoin and digital infrastructure industry.
Read more on RIOT →