GraniteShares 2x Long NVDA Daily ETF vs Tapestry, Inc. — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Tapestry, Inc. trades at $140.62 (market cap $28.51B). The key difference: Tapestry, Inc. pays a 1.13% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and Tapestry, 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 | TPR | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $43.02 | $160.49 |
52-Week Low | $21.76 | $95.69 |
Market Cap | — | $28.51B |
Enterprise Value | — | $31.37B |
Dividend Yield | — | 1.13% |
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 →Coach, Kate Spade, and Stuart Weitzman are the fashion and accessory brands that comprise Tapestry. The firm's products are sold through about 1,400 company-operated stores, wholesale channels, and e-commerce in North America (67% of fiscal 2022 sales), Europe, Asia (28% of fiscal 2022 sales), and elsewhere. Coach (74% of fiscal 2022 sales) is best known for affordable luxury leather products. Kate Spade (22% of fiscal 2022 sales) is known for colorful patterns and graphics. Women's handbags and accessories produced 69% of Tapestry's sales in fiscal 2022. Stuart Weitzman, Tapestry's smallest brand, generates nearly all its revenue from women's footwear.
Read more on TPR →