GraniteShares 2x Long NVDA Daily ETF vs Wynn Resorts, Limited — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.39, while Wynn Resorts, Limited trades at $95.88 (market cap $9.93B). The key difference: Wynn Resorts, Limited pays a 1.05% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and GraniteShares 2x Long NVDA Daily ETF is trading nearer its 52-week high, Wynn Resorts, Limited nearer its low. Which is the better fit depends on your goals.
| NVDL | WYNN | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Cyclical |
52-Week High | $43.02 | $133.34 |
52-Week Low | $21.76 | $94.78 |
Market Cap | — | $9.93B |
Enterprise Value | — | $20.29B |
Dividend Yield | — | 1.05% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Wynn Resorts operates luxury casinos and resorts. The company was founded in 2002 by Steve Wynn, the former CEO. The company operates four megaresorts: Wynn Macau and Encore in Macao and Wynn Las Vegas and Encore in Las Vegas. Cotai Palace opened in August 2016 in Macao, Encore Boston Harbor in Massachusetts opened June 2019. Additionally, we expect the company to begin construction on a new building next to its existing Macao Palace resort in 2023, which we forecast to open in 2026. The company also operates Wynn Interactive, a digital sports betting and iGaming platform. The company received 76% and 24% of its 2019 prepandemic EBITDA from Macao and Las Vegas, respectively.
Read more on WYNN →