GraniteShares 1.5x Long DA Daily ETF company info

What does GraniteShares 1.5x Long DA Daily ETF do?
GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) is a NASDAQ-listed ETF aiming to magnify daily returns of NVIDIA Corporation (NVDA) stock by 200%. It uses swaps to achieve this leverage, amplifying both potential gains and losses. This ETF caters to experienced investors for short-term strategies aligned with NVIDIA's price movements. However, the inherent volatility of leveraged products and potential decay of returns over time necessitate a high-risk tolerance.
GraniteShares 1.5x Long DA Daily ETF company media
Company Snapshot

Is GraniteShares 1.5x Long DA Daily ETF a public or private company?

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Ownership
Public

How many people does GraniteShares 1.5x Long DA Daily ETF employ?

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Employees
10

What sector is GraniteShares 1.5x Long DA Daily ETF in?

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Sector
ETF

Where is the head office for GraniteShares 1.5x Long DA Daily ETF?

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Head Office
New York, United States

What year was GraniteShares 1.5x Long DA Daily ETF founded?

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Year Founded
2022
What does GraniteShares 1.5x Long DA Daily ETF specialise in?
/Leveraged ETF /Securities Investment /Daily Rebalanced /NVIDIA Focus /Stock Exposure /Financial Service

What are the products and/or services of GraniteShares 1.5x Long DA Daily ETF?

Overview of GraniteShares 1.5x Long DA Daily ETF offerings
Provides leveraged exposure to the daily performance of the NVIDIA Corporation (NVDA) common stock.
Aims to deliver twice the daily return of the NVIDIA stock price.
Potential for Amplified Gains: If the price of NVIDIA stock increases, NVDL offers the potential for magnified returns compared to directly owning NVDA stock.
Short-Term Investment Tool: Its focus is on daily returns, making it suitable for short-term investment strategies.
Volatility Amplification: While NVDL targets amplifying gains, it also amplifies losses. A small decline in NVIDIA's price can result in a significant loss for NVDL holders.
Not a Guaranteed Return: There's no guarantee that NVDL will outperform the underlying asset (NVIDIA stock) over time due to factors like expense ratios and compounding effects.