GraniteShares 2x Long NVDA Daily ETF vs Xcel Energy Inc — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.43, while Xcel Energy Inc trades at $79 (market cap $49.11B). The key difference: Xcel Energy Inc pays a 3.01% dividend while GraniteShares 2x Long NVDA Daily ETF pays none, and Xcel Energy Inc 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 | XEL | |
|---|---|---|
Sector | Leveraged / Inverse | Utilities |
52-Week High | $43.02 | $83.91 |
52-Week Low | $21.76 | $71.14 |
Market Cap | — | $49.11B |
Enterprise Value | — | $86.55B |
Dividend Yield | — | 3.01% |
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 →Xcel Energy manages utilities serving 3.7 million electric customers and 2.1 million natural gas customers in eight states. Its utilities are Northern States Power, which serves customers in Minnesota, North Dakota, South Dakota, Wisconsin, and Michigan
Read more on XEL →