GraniteShares 2x Long NVDA Daily ETF vs Solaredge Technologies Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.57, while Solaredge Technologies Inc trades at $50.15 (market cap $2.96B). Which is the better fit depends on your goals.
| NVDL | SEDG | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $78.51 |
52-Week Low | $21.76 | $24.42 |
Market Cap | — | $2.96B |
Enterprise Value | — | $2.89B |
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 →SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →