
GraniteShares 2x NVDA ETF underperforms NVIDIA stock due to daily reset and fees.
The GraniteShares 2x Long NVDA Daily ETF (NVDL) returned 17.21% over the past year, underperforming NVIDIA stock's 22.21% gain despite its 2x leverage goal. This shortfall is due to daily reset mechanics, swap financing costs, and volatility decay, w...


