GraniteShares 2x Long NVDA Daily ETF vs RLX Technology Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.35, while RLX Technology Inc trades at $2.03 (market cap $2.52B). The key difference: RLX Technology Inc pays a 4.85% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, RLX Technology Inc nearer its low. Which is the better fit depends on your goals.
| NVDL | RLX | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $2.73 |
52-Week Low | $21.76 | $1.79 |
Market Cap | — | $2.52B |
Enterprise Value | — | $1.15B |
Dividend Yield | — | 4.85% |
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.
RLX trades at $2.06, up 0.49% on the day, with a bullish technical signal from moving averages but overbought RSI readings. The company reported Q1 2026 revenue growth driven by international expansion, with 2025 net income of $921.87M and a net margin of 22.47%. Recent news highlights the company's cash-rich, debt-free position and its positioning in the growing global vaping market.
The outlook is mixed; strong fundamentals and market growth potential are offset by consecutive earnings misses and a single analyst's hold rating. Key risks include regulatory scrutiny in the vaping industry and execution challenges in international expansion. The stock presents a speculative opportunity for investors comfortable with sector-specific regulatory risks.
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 →RLX Technology Inc. is a leading e-vapor company in China, focusing on the research, development, and sale of e-vapor products. The company primarily operates under the RELX brand, offering a range of closed-system e-vapor products designed to deliver a high-quality user experience. RLX's business model is centered on product innovation, strong brand building, and a vast distribution network across China.
Read more on RLX →