(NVDL) GraniteShares 1.5x Long DA - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 5.138m USD | Total Return: 102.1% in 12m
Avg Turnover: 1.08B
Warnings
Volatile
Tailwinds
No distinct edge detected
The GraniteShares 1.5x Long NVDA Daily ETF (NVDL) is an actively managed, non-diversified exchange-traded fund designed to provide leveraged exposure to the daily price movements of NVIDIA Corporation. The fund achieves its objective by utilizing financial derivatives, primarily swap agreements and options, alongside direct equity purchases to target a specific multiple of the underlying stocks daily performance.
NVIDIA operates within the high-growth semiconductor sector, specializing in the design of Graphics Processing Units (GPUs) that are critical for artificial intelligence workloads and data center infrastructure. The company’s business model relies on a fabless manufacturing strategy, focusing on research and development while outsourcing the physical fabrication of chips to specialized foundries. Investors can further analyze these industry tailwinds and valuation metrics at ValueRay.
- NVIDIA data center revenue growth drives underlying asset price appreciation
- Daily compounding effects amplify returns during sustained bullish price trends
- Federal Reserve interest rate policy shifts impact high-growth technology valuations
- Counterparty risk inherent in swap agreements affects net asset value stability
- High daily volatility in NVDA shares increases leverage-induced capital decay risk
As of May 29, 2026, the stock is trading at USD 105.72 with a total of 6,192,154 shares traded.
Over the past week, the price has changed by -8.36%,
over one month by -1.12%,
over three months by +38.21% and
over the past year by +102.14%.
GraniteShares 1.5x Long DA has no consensus analysts rating.