GraniteShares 2x Long NVDA Daily ETF vs iShares Silver Trust — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.4, while iShares Silver Trust trades at $53.24. The key difference: GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, iShares Silver Trust nearer its low. Which is the better fit depends on your goals.
| NVDL | SLV | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $43.02 | $105.57 |
52-Week Low | $21.76 | $33.32 |
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 →The ETF seeks to reflect such performance before payment of the ETF's expenses and liabilities. It is not actively managed. The ETF does not engage in any activities designed to obtain a profit from, or to ameliorate losses caused by, changes in the price of silver.
Read more on SLV →