GraniteShares 2x Long NVDA Daily ETF vs Sony Group Corp — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Sony Group Corp trades at $21.11 (market cap $125.96B). The key difference: Sony Group Corp pays a 0.75% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Sony Group Corp nearer its low. Which is the better fit depends on your goals.
| NVDL | SONY | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $30.26 |
52-Week Low | $21.76 | $19.32 |
Market Cap | — | $125.96B |
Enterprise Value | — | $122.45B |
Dividend Yield | — | 0.75% |
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 →Sony Group is a conglomerate with consumer electronics roots, which not only designs, develops, produces, and sells electronic equipment and devices, but also is engaged in content businesses, such as console and mobile games, music, and movies. Sony is a global top company of CMOS image sensors, game consoles, professional broadcasting cameras, and music publishing, and is one of the top players on digital cameras, wireless earphones, recorded music, movies, and so on. Sony's business portfolio is well diversified with six major business segments. The company fully consolidated Sony Financial in September 2020, which provides life and non-life insurance, banking, and other financial services.
Read more on SONY →