GraniteShares 2x Long NVDA Daily ETF vs Wheaton Precious Metals Corp — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.4, while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp pays a 0.75% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Wheaton Precious Metals Corp nearer its low. Which is the better fit depends on your goals.
| NVDL | WPM | |
|---|---|---|
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $43.02 | $165.72 |
52-Week Low | $21.76 | $91.00 |
Market Cap | — | $46.54B |
Enterprise Value | — | $44.39B |
Dividend Yield | — | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →