GraniteShares 2x Long NVDA Daily ETF vs Weibo Corp — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.54, while Weibo Corp trades at $8 (market cap $1.95B). The key difference: Weibo Corp pays a 7.63% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Weibo Corp nearer its low. Which is the better fit depends on your goals.
| NVDL | WB | |
|---|---|---|
Sector | Leveraged / Inverse | Media |
52-Week High | $43.02 | $12.83 |
52-Week Low | $21.76 | $7.20 |
Market Cap | — | $1.95B |
Enterprise Value | — | $1.22B |
Dividend Yield | — | 7.63% |
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 →Weibo is the largest social media platform in China. As of 2020, Weibo had 521 million monthly active users and 225 million daily active users, many of whom are drawn there by the millions of key opinion leaders in entertainment, sports, and business circles. Sina is the major shareholder, holding 44.7% of shares and with 70.8% voting power.
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