GraniteShares 2x Long NVDA Daily ETF vs Energy Select Sector SPDR Fund — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.41, while Energy Select Sector SPDR Fund trades at $58.5. The key difference: Energy Select Sector SPDR Fund 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 | XLE | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $43.02 | $62.57 |
52-Week Low | $21.76 | $42.12 |
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 →In seeking to track the performance of the index, the fund employs a replication strategy. It generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes companies that have been identified as energy companies by the GICS®, including securities of companies from the following industries: oil, gas and consumable fuels; and energy equipment and services. It is non-diversified.
Read more on XLE →