NVDL vs. NVDA

In the year-to-date period, NVDL achieves a -45.43% return, which is significantly lower than NVDA's -17.33% return.

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This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long NVDA Daily ETF (NVDL) and NVIDIA Corporation (NVDA). 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 lower than the NVDA Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of NVDL and NVDA, 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 NVDA's dividend yield for the trailing twelve months is around 0.03%.

The maximum NVDL drawdown since its inception was -67.55%, smaller than the maximum NVDA drawdown of -89.73%. Use the drawdown chart below to compare losses from any high point for NVDL and NVDA. For additional features, visit the drawdowns tool.

GraniteShares 2x Long NVDA Daily ETF (NVDL) has a higher volatility of 48.78% compared to NVIDIA Corporation (NVDA) at 25.54%. This indicates that NVDL's price experiences larger fluctuations and is considered to be riskier than NVDA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.