GraniteShares 2x Long NVDA Daily ETF vs VanEck Semiconductor ETF — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.59, while VanEck Semiconductor ETF trades at $585.72. The key difference: VanEck Semiconductor ETF 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 | SMH | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $43.02 | $668.91 |
52-Week Low | $21.76 | $283.95 |
Trailing returns across standard periods
Latest headlines on both assets
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 fund normally invests at least 80% of its total assets in securities that comprise the target index. The index includes common stocks and depositary receipts of US exchange-listed companies in the semiconductor industry. Such companies may include medium-capitalization companies and foreign companies that are listed on a US exchange. The fund is non-diversified.
Read more on SMH →