GraniteShares 2x Long NVDA Daily ETF (NVDL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NVDL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NVDL
NVDL charges 1.05% annually. There are 253 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | NVDL vs NTSD | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | NVDL vs BRKL | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | NVDL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | NVDL vs SPUU | |
| Leverage Shares 2X Long VALE Daily ETF | 0.75% | — | Dec 2025 | NVDL vs VALG |
Best Risk-Adjusted Alternatives to NVDL
NVDL has a PortfoliosLab risk / return rank of 18. There are 132 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | NVDL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | NVDL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | NVDL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | NVDL vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | NVDL vs INTW |
Top Performing NVDL Alternatives (YTD)
NVDL is at 19.13% YTD. There are 123 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 823.06%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 823.06% | 101.24M | Feb 2025 | NVDL vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 451.56% | 3.86B | Oct 2024 | NVDL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 438.52% | 531.06M | Nov 2024 | NVDL vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 348.80% | 63.06M | Nov 2025 | NVDL vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 345.89% | 282.58M | Feb 2025 | NVDL vs INTW |
Lowest Volatility Alternatives to NVDL
NVDL has 72.65% 1-year volatility. There are 192 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.85% | 22.69M | Apr 2021 | NVDL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.60% | 20.37M | Apr 2021 | NVDL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.72% | 13.42M | Jul 2021 | NVDL vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.86% | 69.34M | Apr 2021 | NVDL vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.84% | 19.11M | Jul 2021 | NVDL vs QTJL |
Lowest Drawdown Alternatives to NVDL
NVDL has a 1-year max drawdown of -42.23%. There are 117 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | NVDL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | NVDL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | NVDL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | NVDL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | NVDL vs XDSQ |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include TSYY, BAR, AMDL and span 7 categories. AUM among these funds goes as high as $1B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -22.59% | 61.77M | Dec 2024 | NVDL vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 30 | -1.60% | 1.34B | Aug 2017 | NVDL vs BAR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 82 | 234.66% | 974.29M | Mar 2024 | NVDL vs AMDL | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 7 | -40.70% | 271.29M | Sep 2024 | NVDL vs PTIR | |
| GraniteShares Platinum Trust | Precious Metals | 23 | -15.61% | 169.30M | Jan 2018 | NVDL vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 5 | 37.90% | 33.39M | Aug 2023 | NVDL vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 3 | -41.96% | 58.14M | Aug 2023 | NVDL vs NVD | |
| GraniteShares 2x Long META Daily ETF | Leveraged Equities | 3 | -32.54% | 148.67M | Dec 2022 | NVDL vs FBL | |
| GraniteShares 2x Long MSFT Daily ETF | Leveraged Equities | 6 | -10.95% | 117.06M | Mar 2024 | NVDL vs MSFL | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 9 | -58.24% | 64.48M | Aug 2023 | NVDL vs TSLR |
Often Compared With NVDL
Investors most often compare NVDL with NVDA, NVDX, NVDU. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare NVDL with Any Fund or Stock
Compare NVDL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NVDL with funds that move differently
GraniteShares 2x Long NVDA Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NVDL.
Explore NVDL Diversifiers