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NVDL

ยทNASDAQ
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Key Stats
Assets Under Management
3.97BUSD
Fund Flows (1Y)
-1.50BUSD
Dividend Yield
--
Discount/Premium to NAV
0.01%
Shares Outstanding
51.00M
Expense Ratio
1.05%
About GraniteShares 2x Long NVDA Daily ETF
Issuer
GraniteShares Advisors LLC
Brand
GraniteShares
Inception Date
Dec 13, 2022
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
NVDL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of NVIDIA stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset
Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
-11.06%-1.36%+17.34%+19.18%+1954.05%+1720.53%
NAV Total Return
-10.91%+1.33%+23.03%+19.58%+13.60%+13.60%
Ratings

No data is currently available

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Holdings Analysis

Sector

Financial Services

87.55%

Technology

12.45%

Asset

No data is currently available

Region

100%

Category

Ratio

North America

100.00%

Investment Style

No data is currently available

Top 10 Holdings

No data is currently available

Dividends

Dividend Payout History

Declaration Date
Record Date
Payment Date
Amount
2023-12-272023-12-282023-12-299.645
Premium/Discount Chart
Premium/Discount to NAV
Price
Assets Under Management
Assets Under Management
Fund Flows
Inflows
Outflows