NVDL vs. NVD

In the year-to-date period, NVDL achieves a -45.43% return, which is significantly lower than NVD's -10.75% return.

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NVDL has a 1.15% expense ratio, which is lower than NVD's 1.50% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long NVDA Daily ETF (NVDL) and GraniteShares 2x Short NVDA Daily ETF (NVD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current NVDL Sharpe Ratio is 0.07, which is higher than the NVD Sharpe Ratio of -0.67. The chart below compares the historical Sharpe Ratios of NVDL and NVD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

NVDL has not paid dividends to shareholders, while NVD's dividend yield for the trailing twelve months is around 9.72%.

The maximum NVDL drawdown since its inception was -67.55%, smaller than the maximum NVD drawdown of -96.09%. Use the drawdown chart below to compare losses from any high point for NVDL and NVD. For additional features, visit the drawdowns tool.

The current volatility for GraniteShares 2x Long NVDA Daily ETF (NVDL) is 48.78%, while GraniteShares 2x Short NVDA Daily ETF (NVD) has a volatility of 58.28%. This indicates that NVDL experiences smaller price fluctuations and is considered to be less risky than NVD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.