GraniteShares 2x Long NVDA Daily ETF vs Teradyne, Inc. — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.43, while Teradyne, Inc. trades at $374.9 (market cap $52.25B). The key difference: Teradyne, Inc. pays a 0.16% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and Teradyne, 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 | TER | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $483.84 |
52-Week Low | $21.76 | $90.15 |
Market Cap | — | $52.25B |
Enterprise Value | — | $52.08B |
Dividend Yield | — | 0.16% |
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 →Teradyne provides testing equipment, including automated test equipment for semiconductors, system testing for hard disk drives, circuit boards, and electronics systems and wireless testing for devices. The firm entered the industrial automation market in 2015, into which it sells collaborative and autonomous robots for factory applications. Teradyne serves numerous end markets and geographies directly and indirectly with its products, but its most significant exposure is to semiconductor testing, which made up 71% of 2021 sales. Teradyne serves vertically integrated, fabless, and foundry chipmakers with its equipment.
Read more on TER →