Compare GraniteShares 2x Long NVDA Daily ETF (NVDL) vs Vale SA (VALE) Price & Performance
Price performance (Past 24H)
Key statistics
Key statistics
GraniteShares 2x Long NVDA Daily ETF vs Vale SA — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.53, while Vale SA trades at $14.13 (market cap $59.07B). The key difference: Vale SA pays a 8.93% dividend while GraniteShares 2x Long NVDA Daily ETF pays none. Which is the better fit depends on your goals.
| NVDL | VALE | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $43.02 | $17.82 |
52-Week Low | $21.76 | $9.53 |
Market Cap | — | $59.07B |
Enterprise Value | — | $75.99B |
Dividend Yield | — | 8.93% |
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 Vale SA
Vale is the world's largest iron ore miner and one of the largest diversified miners, along with BHP and Rio Tinto. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets, with minor contributions from iron ore proxies, including manganese and coal. The base metals division is much smaller, primarily consisting of nickel mines and smelters with a small contribution from copper.
Read more on VALE →
