GraniteShares 2x Long NVDA Daily ETF vs Tyson Foods, Inc. — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.4, while Tyson Foods, Inc. trades at $57.25 (market cap $20.42B). The key difference: Tyson Foods, Inc. pays a 3.52% dividend while GraniteShares 2x Long NVDA Daily ETF pays none. Which is the better fit depends on your goals.
| NVDL | TSN | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Staples |
52-Week High | $43.02 | $68.75 |
52-Week Low | $21.76 | $50.72 |
Market Cap | — | $20.42B |
Enterprise Value | — | $28.01B |
Dividend Yield | — | 3.52% |
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 →Tyson Foods is the largest U.S. producer of processed chicken and beef. It's also a large producer of processed pork and protein-based products under the brands Jimmy Dean, Hillshire Farm, Ball Park, Sara Lee, Aidells, State Fair, and Raised & Rooted, to name a few. Tyson sells 81% of its products through various U.S. channels, including retailers (47% in fiscal 2021), food service (32%), and other packaged food and industrial companies (10%). In addition, 11% of the company's revenue comes from exports to Canada, Mexico, Brazil, Europe, China, and Japan.
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