GraniteShares 2x Long NVDA Daily ETF vs Toronto-Dominion Bank — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.4, while Toronto-Dominion Bank trades at $120.5 (market cap $197.03B). The key difference: Toronto-Dominion Bank pays a 2.62% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and Toronto-Dominion Bank 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 | TD | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $43.02 | $124.80 |
52-Week Low | $21.76 | $72.55 |
Market Cap | — | $197.03B |
Dividend Yield | — | 2.62% |
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 →Toronto-Dominion is one of Canada's two largest banks and operates three business segments: Canadian retail banking, U.S. retail banking, and wholesale banking. The bank's U.S. operations span from Maine to Florida, with a strong presence in the Northeast. It also has a 13% ownership stake in Charles Schwab.
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