GraniteShares 2x Long NVDA Daily ETF vs Financial Select Sector SPDR Fund — how do they compare? GraniteShares 2x Long NVDA Daily ETF trades at $31.41, while Financial Select Sector SPDR Fund trades at $56.13. The key difference: Financial 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 | XLF | |
|---|---|---|
Sector | Leveraged / Inverse | — |
52-Week High | $43.02 | $56.75 |
52-Week Low | $21.76 | $47.80 |
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 →The fund generally invests substantially all, but at least 95%, of its total assets in the securities comprising the index. The index includes securities of companies from the following industries: diversified financial services; insurance; banks; capital markets; mortgage real estate investment trusts; consumer finance; thrifts; and mortgage finance. The fund is non-diversified.
Read more on XLF →