GraniteShares 2x Long NVDA Daily ETF
NVDL
NASDAQ Global Market- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Dec 13, 2022
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 2x Long NVDA Daily ETF (NVDL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change of the common stock of NVIDIA Corporation (NASDAQ: NVDA); it employs derivatives such as swaps and options, alongside direct holdings in NVDA shares, to achieve this leveraged exposure. The ETF, issued by GraniteShares ETF Trust and managed by GraniteShares, targets high-conviction investors seeking amplified short-term returns on NVDA, a leading designer and manufacturer of graphics processing units (GPUs), chipsets, and multimedia software across segments including GeForce for gaming, Quadro for design, Tesla and DGX for AI data centers, and GRID for cloud computing. Launched on December 12, 2022, NVDL trades on NASDAQ and forms part of GraniteShares' broader lineup of leveraged single-stock ETFs, commodity funds, high-income products, and YieldBOOST options-income strategies. GraniteShares, founded in 2016 by industry veteran William Rhind and headquartered at 222 Broadway in New York, New York, operates as a global asset manager specializing in innovative exchange-traded products (ETPs) and ETFs listed across U.S., UK, German, French, and Italian exchanges. The firm manages over $10.9 billion in assets as of September 2025, with U.S. offerings encompassing physically backed gold and platinum ETFs, disruptive technology funds, and leveraged products on stocks like Tesla, Coinbase, and NVIDIA; its European arm, established in 2019, leads in short and leveraged single-stock ETPs on FAANG and other high-profile names. In recent developments, GraniteShares has aggressively expanded its YieldBOOST platform through multiple ETF launches in 2025, including YBST and YBTY in December targeting high-growth sectors, MAAY and IOYY in November on MARA and IONQ leveraged ETFs, RTYY and HMYY in early December on RIOT Platforms and Hims & Hers Health, and MTYY and PLYY in September on MicroStrategy and Palantir. These options-based income products, which sell put options on underlying leveraged ETFs, have driven the YieldBOOST suite's assets under management beyond $787 million as of late 2025, reflecting strategic growth in alternative income solutions amid rising demand for thematic equity exposure. NVDL itself has seen robust inflows and AUM growth to approximately $3.39 billion, underscoring sustained investor interest in NVIDIA-linked leverage despite market volatility.