GraniteShares 2x Long NVDA Daily ETF vs TotalEnergies SE — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while TotalEnergies SE trades at $83.05 (market cap $179.99B). The key difference: TotalEnergies SE pays a 5.22% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and TotalEnergies SE 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 | TTE | |
|---|---|---|
Sector | Leveraged / Inverse | Energy |
52-Week High | $43.02 | $93.60 |
52-Week Low | $21.76 | $57.39 |
Market Cap | — | $179.99B |
Enterprise Value | — | $214.14B |
Dividend Yield | — | 5.22% |
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 →TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2021, it produced 1.5 million barrels of liquids and 7.2 billion cubic feet of natural gas per day. At year-end 2020, reserves stood at 12.1 billion barrels of oil equivalent, 45% of which are liquids. During 2021, it had LNG sales of 42 Mt. The company owns interests in refineries with capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 10.3 GW.
Read more on TTE →