Compare GraniteShares 2x Long NVDA Daily ETF (NVDL) vs United Microelectronics Corp (UMC) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
GraniteShares 2x Long NVDA Daily ETF vs United Microelectronics Corp — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while United Microelectronics Corp trades at $21.14 (market cap $51.00B). The key difference: United Microelectronics Corp pays a 2.03% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and United Microelectronics Corp 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 | UMC | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $43.02 | $28.02 |
52-Week Low | $21.76 | $6.58 |
Market Cap | — | $51.00B |
Enterprise Value | — | $48.57B |
Dividend Yield | — | 2.03% |
Returns comparison
Trailing returns across standard periods
Returns comparison
Trailing returns across standard periods
About GraniteShares 2x Long NVDA Daily ETF
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 →About United Microelectronics Corp
Founded in 1980, United Microelectronics is the world's third-largest dedicated chip foundry, with 7% market share in 2021, according to Gartner, after TSMC and GlobalFoundries. UMC's headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the U.S. and South Korea. UMC features a diverse customer base including Texas Instruments, MediaTek, Qualcomm, Broadcom, Xilinx and Realtek, supplying a wide range of products applied in communications, display, memory, automotive and more. UMC employs about 20,000 people.
Read more on UMC →
