GraniteShares 2x Long NVDA Daily ETF vs Direxion Daily 20 Year Treasury Bull 3X Shares — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.39, while Direxion Daily 20 Year Treasury Bull 3X Shares trades at $32.39. The key difference: GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Direxion Daily 20 Year Treasury Bull 3X Shares nearer its low. Which is the better fit depends on your goals.
| NVDL | TMF | |
|---|---|---|
Sector | Leveraged / Inverse | Leveraged / Inverse |
52-Week High | $43.02 | $44.14 |
52-Week Low | $21.76 | $31.85 |
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 →TMF is a leveraged ETF that seeks to provide 300% (3x) of the daily performance of the ICE U.S. Treasury 20+ Year Bond Index. It is a tactical instrument used by sophisticated traders to capitalize on declining interest rates or to hedge against equity market volatility. Due to its daily reset mechanism and high expense ratio, TMF is structurally designed for short-term speculation rather than long-term buy-and-hold investing.
Read more on TMF →