GraniteShares 2x Long NVDA Daily ETF vs Sirius XM Holdings Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.43, while Sirius XM Holdings Inc trades at $30.24 (market cap $10.30B). The key difference: Sirius XM Holdings Inc pays a 3.53% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and Sirius XM Holdings 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 | SIRI | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $43.02 | $31.22 |
52-Week Low | $21.76 | $19.92 |
Market Cap | — | $10.30B |
Enterprise Value | — | $19.97B |
Dividend Yield | — | 3.53% |
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 →SiriusXM Holdings is now composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service. Liberty Media owns 80% of SiriusXM, traded through its Liberty SiriusXM Group tracking stock.
Read more on SIRI →