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NVDL STOCK LEVERAGED ETF INTELLIGENCE

NVDL ETF: Performance, Holdings & NVDL vs NVDA

Explore GraniteShares 2x Long NVDA Daily ETF returns by year from 2023 to present. Analyze the current-year return, 1-year and 3-year returns, average historical returns, positive and negative market years, and long-term market performance using the interactive research explorer.

Research & Analysis by • Quant Researcher • TradingNInvestment

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GraniteShares 2x Long NVDA Daily ETF Historical Return Statistics

Historical GraniteShares 2x Long NVDA Daily ETF annual price-return statistics from 2023 to present, with the current year reported separately as year-to-date.

Historical Coverage
2023 to Present
Latest verified market data
Average Annual Return
+251.67%
Completed calendar years
Median Annual Return
+344.58%
Completed calendar years
Positive / Non-Negative Years
3
100.00% of completed years
Negative Years
0
0.00% of completed years
Best Year
+377.87%
2023
Worst Year
+32.57%
2025
Current Year Return
+31.24%
2026 YTD · YTD

GraniteShares 2x Long NVDA Daily ETF 1-Year and 3-Year Returns

Period returns are compounded from the latest completed calendar-year GraniteShares 2x Long NVDA Daily ETF price returns. Multi-year cards also show the annualized return for the same completed-year period.

1-Year Return
+32.57%
2025 completed calendar year
3-Year Return
+204.25%
2023–2025 • Annualized
NVDL Research Context

What This NVDL Analysis Examines

NVDL is a 2× long ETF with a daily investment objective. Because the objective resets daily, returns over a week, month, year, or longer period should not be assumed to equal the stated leverage multiple applied to the corresponding long-term return of NVDA. Daily compounding, market volatility, financing costs, fund expenses, and the path of returns can materially affect the outcome.

This TNI research therefore examines NVDL across the historical periods supported by the available data. The analysis includes annual returns, drawdowns, and synchronized comparisons with NVDA. The objective is to show how NVDL has behaved across different market periods and holding horizons—not to imply that historical performance predicts future results.

Leveraged ETF results should be interpreted in the context of the fund's stated daily objective, underlying exposure, implementation structure, costs, and available operating history. TNI calculates its historical return comparisons independently from market-price data.

Growth of $10,000
See how a hypothetical $10,000 investment in NVDL grew over time.
2023–2025Long-term growth
RETURN BREAKDOWN3-Year Comparison
Return ComponentEnding ValueCAGRContribution
Price Return$281,632204.2%89.8%
Dividend + Reinvestment+$32,003—10.2%
Total Return$313,635215.4%100.0%
CONTRIBUTION THROUGH TIMEHow Reinvestment Compounded
YearPrice WealthTotal WealthDividend + ReinvestmentContribution
2023$47,787$53,217+$5,43010.2%
2024$212,448$236,589+$24,14110.2%
2025$281,632$313,635+$32,00310.2%

Contribution % represents the share of ending total-return wealth associated with the difference between the dividend-reinvested total-return path and the price-only path. It is not the historical dividend yield.

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Annual Returns

GraniteShares 2x Long NVDA Daily ETF Annual Price Returns by Year

Performance
Time Period
Custom Range
From
→
To
TradingNInvestment research visualization. Historical return calculations, analysis and presentation by Kamal Khondkar. Underlying market data source: Yahoo Finance / NVDL.
Benchmark Comparison

GraniteShares 2x Long NVDA Daily ETF vs. NVDA Returns

Annual price-return comparison across overlapping completed calendar years from 2023 through 2025. Excess return is GraniteShares 2x Long NVDA Daily ETF return minus NVDA return.

Years Compared
3
GraniteShares 2x Long NVDA Daily ETF Avg. Return
+251.67%
NVDA Avg. Return
+149.64%
Avg. Excess Return
+102.03%
Outperformed
2 years
66.7% of comparable years
Underperformed
1 years
YearGraniteShares 2x Long NVDA Daily ETFNVDADifferenceResult
2025+32.57%+38.88%-6.31%Underperformed
2024+344.58%+171.17%+173.40%Outperformed
2023+377.87%+238.87%+139.00%Outperformed

Comparison uses calendar-year price returns over the common historical period. Current-year YTD performance is shown separately and is excluded from completed-year statistics.

DRAWDOWN & RECOVERY

NVDL vs NVDA Drawdowns

Drawdown measures the decline from a previous investment peak. For a daily leveraged ETF, drawdown helps show how leverage, volatility and compounding can change the depth of losses and the time required to recover.

NVDL MAX DRAWDOWN-67.55%Jun 18, 2024 → Apr 4, 2025
NVDA MAX DRAWDOWN-36.88%Jan 6, 2025 → Apr 4, 2025

How severe can a NVDL drawdown be?

In this synchronized NVDL–NVDA dataset, NVDL's maximum adjusted-close drawdown was -67.55%, compared with -36.88% for NVDA.

A hypothetical $10,000 investment made at NVDL's prior peak would have fallen to approximately $3,245 at the trough. Recovering from that loss requires a subsequent gain of approximately 208% just to return to the previous peak.

The same comparison for NVDA would reduce $10,000 to approximately $6,312, requiring roughly 58% to recover. This illustrates why the magnitude of a percentage loss matters: the gain required to recover becomes increasingly large as drawdowns deepen. For a different long-term equity perspective, see TNI's Berkshire Hathaway historical returns.

NVDL PEAKJun 18, 2024
TROUGHApr 4, 2025
RECOVEREDJul 28, 2025
TIME UNDERWATER405 days

During the deepest NVDL drawdown in this dataset, the decline ran from Jun 18, 2024 to Apr 4, 2025. The previous peak was recovered on Jul 28, 2025, after 405 calendar days underwater.

Source: Yahoo Finance. Drawdowns are calculated from synchronized daily adjusted-close observations from 2022-12-13 through 2026-10-02. Each series is measured from its own running peak over the identical comparison period. Past performance does not guarantee future results.

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Use the TradingNInvestment GraniteShares 2x Long NVDA Daily ETF Returns Chart

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Usage & Licensing

This TradingNInvestment research visualization and associated analysis are provided for personal, educational, and non-commercial research use with appropriate TradingNInvestment attribution.

Commercial reproduction, redistribution, resale, publication in commercial products or services, or removal of TradingNInvestment attribution requires prior permission.

For commercial licensing, publishing permissions, data partnerships, or other usage requests, Contact TradingNInvestment →

Underlying market data may be subject to separate third-party data-provider terms. TradingNInvestment permission applies to TradingNInvestment's original visualization, presentation, analysis, and associated research materials and does not grant rights to third-party data.

GraniteShares 2x Long NVDA Daily ETF Annual Returns by Year: 2023 to Present

Showing 3 annual price-return observations for 2023–2025.

● Negative● 0% – <10%● ≥10%
YearNVDL Price ReturnReturn Category
2025+32.57%≥10%
2024+344.58%≥10%
2023+377.87%≥10%
The current year is reported as year-to-date (YTD). Historical figures shown on this page are GraniteShares 2x Long NVDA Daily ETF price returns.

Interactive GraniteShares 2x Long NVDA Daily ETF Return Statistics

Statistics below update with the selected filters. Average, median, best and worst annual returns use completed calendar years only, so the current YTD period does not distort historical annual statistics.

Average Annual Return
+251.67%
3 completed years
Median Annual Return
+344.58%
Completed years only
Positive Years
3
100.00% of completed years
Negative Years
0
0.00% of completed years
Best Year
+377.87%
2023
Worst Year
+32.57%
2025
Historical Coverage
2023 to Present
Return Type
NVDL Price Return
Data Source
Yahoo Finance — GraniteShares 2x Long NVDA Daily ETF (NVDL)
GRANITESHARES 2X LONG NVDA DAILY ETF HISTORICAL MARKET RESEARCH

GraniteShares 2x Long NVDA Daily ETF Historical Returns: What the Available Market History Shows

The history of GraniteShares 2x Long NVDA Daily ETF returns shows how annual performance has varied across the available historical record.

This GraniteShares 2x Long NVDA Daily ETF yearly returns database contains 3 completed calendar years from 2023 through 2025, plus the current 2026 year-to-date observation.

Across those 3 completed years, the average annual GraniteShares 2x Long NVDA Daily ETF price return was +251.67%.

The median annual return was +344.58%.

Those summary statistics are useful, but the complete GraniteShares 2x Long NVDA Daily ETF annual-return history provides more detail about how yearly performance has varied across the available record.

Looking at individual annual observations makes it possible to compare yearly outcomes using the same verified historical dataset.

POSITIVE YEAR HISTORY

Positive GraniteShares 2x Long NVDA Daily ETF Years: Average Return +251.67%

One of the strongest findings in the historical GraniteShares 2x Long NVDA Daily ETF returns dataset is the frequency of non-negative calendar years.

Of the 3 completed calendar years, 3 were non-negative.

That represents 100.00% of all completed years in the historical dataset.

In other words, roughly two-thirds of the completed calendar-year observations finished at or above where they began.

Across those 3 non-negative years, the average annual GraniteShares 2x Long NVDA Daily ETF price return was +251.67%.

The median return among those non-negative years was +344.58%.

That median is useful because it shows that the positive-year average was not driven solely by a small number of extraordinary market gains.

Strongest Positive GraniteShares 2x Long NVDA Daily ETF Year

The strongest completed year in the entire dataset was 2023, when the GraniteShares 2x Long NVDA Daily ETF price return reached +377.87%.

For this research, a zero return is included in the non-negative group.

NEGATIVE YEAR HISTORY

Negative GraniteShares 2x Long NVDA Daily ETF Years: Average Loss N/A

Negative years tell the other side of GraniteShares 2x Long NVDA Daily ETF performance history.

Across the same 3 completed calendar years, 0 years were negative.

That represents 0.00% of completed years.

Looking only at those 0 negative years, the average annual GraniteShares 2x Long NVDA Daily ETF price return was N/A.

The median negative-year return was N/A.

These figures show that a negative calendar year historically meant considerably more than simply finishing slightly below zero.

Worst GraniteShares 2x Long NVDA Daily ETF Year

The worst calendar year in the dataset was 2025, when the GraniteShares 2x Long NVDA Daily ETFprice return fell 32.57%.

Negative calendar years occurred less frequently than non-negative calendar years, but several historical losses were substantial.

POSITIVE VS. NEGATIVE

What Positive and Negative GraniteShares 2x Long NVDA Daily ETF Returns Show Together

Putting both groups together reveals one of the most important characteristics of historical GraniteShares 2x Long NVDA Daily ETF returns.

There were 3 non-negative completed years compared with 0 negative completed years.

The average return during the 3 non-negative years was +251.67%.

The average return during the 0 negative years was N/A.

Across all 3 completed years together, the average annual GraniteShares 2x Long NVDA Daily ETF price return was +251.67%.

The median annual return across the full historical period was +344.58%.

An investor rarely experiences the long-term historical average in any particular calendar year.

Instead, individual GraniteShares 2x Long NVDA Daily ETF annual returns can vary substantially around that average.

That is one reason the complete GraniteShares 2x Long NVDA Daily ETF historical returns by year table can be more informative than relying on a single long-term number.

AVERAGE RETURN

What Does the GraniteShares 2x Long NVDA Daily ETF Average Return of +251.67% Mean?

Across the 3 completed calendar years in this dataset, the arithmetic GraniteShares 2x Long NVDA Daily ETF average return was +251.67% per completed calendar year.

This is the arithmetic average of the individual annual price returns in the historical dataset.

It does not mean the market gained exactly 251.67% in a typical year.

Individual GraniteShares 2x Long NVDA Daily ETF yearly returns frequently differed substantially from that number.

The median annual return of +344.58% provides a second way to evaluate the distribution.

Looking at both the average and median gives readers more information about historical GraniteShares 2x Long NVDA Daily ETF returns than either statistic provides by itself.

These figures represent GraniteShares 2x Long NVDA Daily ETF price returns, not total returns.

RECENT 3-YEAR VIEW

GraniteShares 2x Long NVDA Daily ETF 3-Year Return View

The current GraniteShares 2x Long NVDA Daily ETF 3-year return view covers 2024 through 2026 YTD.

Within that window, there are 2 completed calendar years.

The average annual price return across those completed years was +188.57%.

The median annual return was +188.57%.

2 of the 2 completed years were non-negative, representing 100.00% of completed observations.

0 completed years were negative, representing 0.00%.

The strongest completed year in the period was 2024 at +344.58%.

The weakest completed year was 2025 at +32.57%.

The current 2026 YTD return of +31.24% remains separate from those completed-year statistics.

3-Year Average Return Is Not the Same as 3-Year CAGR

The +188.57% figure is the arithmetic average of the completed annual price returns in this display window. It should not be described as a 3-year cumulative return or compound annual growth rate.

A true 3-year cumulative return or CAGR requires a different calculation.

This completed-year sample can be compared with the full 3-year historical record when interpreting recent-period results.

MARKET EXTREMES

Best and Worst GraniteShares 2x Long NVDA Daily ETF Annual Returns

The strongest calendar-year price return in the dataset occurred in 2023 at +377.87%.

The worst annual price return occurred in 2025 at +32.57%.

These extremes are far removed from the full-dataset GraniteShares 2x Long NVDA Daily ETF average return of +251.67%.

RETURN METHODOLOGY

GraniteShares 2x Long NVDA Daily ETF Price Return vs. Total Return

Understanding the type of return used on this page is essential.

The historical figures presented here are GraniteShares 2x Long NVDA Daily ETF price returns.

Price return measures the change in the market price of the asset between periods.

The figures on this page do not include dividends.

Therefore, these results should not be interpreted as GraniteShares 2x Long NVDA Daily ETF total returns.

A total-return series would incorporate dividends or other distributions according to the methodology of that series.

The chart, historical table, filters, and statistics on this page represent GraniteShares 2x Long NVDA Daily ETF price performance only.

2026 MARKET RETURN

GraniteShares 2x Long NVDA Daily ETF Return 2026 YTD

The current dataset shows the GraniteShares 2x Long NVDA Daily ETF return for 2026 at +31.24% YTD.

Unlike the completed historical calendar-year observations, 2026 is still in progress.

TradingNInvestment therefore displays the 2026 YTD return separately.

It is excluded from calculations such as the historical average, median, best completed year, and worst completed year.

This prevents a partial-year observation from being treated as though it were directly comparable with a completed calendar year.

The 2026 YTD result can change when the underlying verified market data is updated.

STATISTICAL CONTEXT

Why the Median GraniteShares 2x Long NVDA Daily ETF Annual Return Matters

Average return is one of the most commonly quoted historical stock market statistics.

But the median provides useful additional information.

Across the 3 completed years, the median annual GraniteShares 2x Long NVDA Daily ETF price return was +344.58%, compared with an average of +251.67%.

The difference indicates that the distribution of historical annual returns is not perfectly symmetrical.

Large negative years can pull the arithmetic average downward.

Average, median, positive-year frequency, negative-year frequency, best year, and worst year together provide a more complete view of historical GraniteShares 2x Long NVDA Daily ETF returns.

No single statistic captures the entire history.

HISTORICAL FREQUENCY

How Often Have GraniteShares 2x Long NVDA Daily ETF Returns Been Positive?

The dataset contains 3 non-negative years out of 3 completed years.

That corresponds to 100.00% of completed calendar years.

This is a historical frequency, not a probability forecast.

It would be incorrect to say that GraniteShares 2x Long NVDA Daily ETF has a 100.00% probability of rising next year simply because 100.00% of these historical observations were non-negative.

Future market conditions can differ substantially from historical conditions.

The statistic describes what occurred across the observed period, not what must happen in the future.

HISTORICAL CONTEXT

Why Study Historical GraniteShares 2x Long NVDA Daily ETF Returns?

Historical GraniteShares 2x Long NVDA Daily ETF returns provide context that recent performance alone cannot provide.

A large gain or decline can appear unusual when viewed only against the most recent observations.

Comparing the current period with the available historical distribution helps show how it relates to earlier outcomes.

Historical returns can help investors, researchers, students, and analysts examine how annual performance has varied through the available record.

They can also reduce the tendency to use only recent performance as the reference point for evaluating the current year.

INTERACTIVE RESEARCH

How to Use the GraniteShares 2x Long NVDA Daily ETF Return Explorer

The TradingNInvestment Return Explorer is designed to make historicalGraniteShares 2x Long NVDA Daily ETF returns easier to investigate.

Instead of presenting only a static chart, the tool allows readers to filter the same verified annual-return dataset.

Readers can examine all available years, non-negative years, negative years, and available historical periods.

The chart, annual-returns table, and summary statistics update from the same selected data.

Readers studying non-negative historical performance can examine the 3 non-negative calendar years in the completed-year dataset.

When sufficient history is available, readers can also use the available period views to focus on more recent performance.

The purpose is not to predict the next GraniteShares 2x Long NVDA Daily ETF return, but to make the available historical observations easier to explore and understand.

PERIOD SELECTION

Reading GraniteShares 2x Long NVDA Daily ETF Performance History in Context

One of the biggest risks when studying historical returns is selecting a period that confirms an existing belief.

A short period can appear exceptionally strong or exceptionally weak depending on its starting and ending years.

Using the broader available GraniteShares 2x Long NVDA Daily ETF history provides additional context for interpreting shorter periods.

Different historical windows can produce different average returns, frequencies of positive and negative years, and extreme outcomes.

None of those periods is inherently the single correct measure of historical performance. They answer different questions about different parts of the available record.

This is why TradingNInvestment provides both the available historical series and interactive period filters.

KEY TAKEAWAY

What the Available GraniteShares 2x Long NVDA Daily ETF Return History Shows

The dataset contains 3 completed calendar years of GraniteShares 2x Long NVDA Daily ETF price-return observations.

Of those completed years, 3 were non-negative and 0 were negative.

When completed years were non-negative, the average annual return was +251.67%.

The strongest completed calendar year in the dataset was 2023 at +377.87%, while the weakest was 2025 at +32.57%.

The overall average annual GraniteShares 2x Long NVDA Daily ETF price return across the 3 completed calendar years was +251.67%.

Together, these statistics provide a broader view of the historical return distribution than the average alone.

The complete GraniteShares 2x Long NVDA Daily ETF annual-return dataset allows readers to examine the individual yearly observations behind the summary statistics.

TradingNInvestment aims to make market history simple to read, easy to understand, and rigorous enough to support serious market research.

Research Context

GraniteShares 2x Long NVDA Daily ETF Historical Returns Research

This TNI research page examines GraniteShares 2x Long NVDA Daily ETF annual price returns by calendar year. The published dataset covers 2023–2025and separates completed historical years from current-year performance.

Annual price return is calculated from the final available closing price of each calendar year relative to the final available closing price of the prior calendar year. The page provides the year-by-year dataset, historical statistics, interactive visualization, and research methodology.

Risk & Due Diligence

Risk & Due Diligence

NVDL should be evaluated as a leveraged instrument with a daily investment objective. Returns over holding periods longer than one day can differ substantially from the fund's stated daily leverage multiple applied to NVDA. Daily compounding, volatility, derivatives, financing costs and fund expenses can materially affect longer-period results and the potential for loss.

Key due-diligence questions include:

  • Daily objective: Is the investor evaluating NVDL based on the daily exposure it is designed to provide?
  • Compounding: How did the sequence of daily NVDA returns affect the cumulative NVDL result?
  • Volatility: How did periods of high volatility affect the difference between NVDL and its underlying benchmark?
  • Drawdown: How large were historical declines from previous peaks, and how long did recovery take?
  • Holding period: How did NVDL perform over individual days, weeks, months, and longer periods?
  • Benchmark comparison: How did the leveraged ETF compare with NVDA over the same synchronized periods?
  • Costs and implementation: How might fund expenses, financing associated with derivatives, trading costs, and the difference between market price and NAV affect an investor's realized result?

Important: Historical returns and drawdowns are observations from the available dataset. They are not forecasts or guarantees of future performance. For broader historical context across major market cycles, explore TNI's stock market historical returns. Investors should review the fund's current prospectus, financial statements, and other official fund documents before making an investment decision.

TNI uses Yahoo Finance historical price and adjusted-close data for the independent return calculations and visualizations on this page. Official issuer information, fund objectives, portfolio composition and fund documents are presented separately in the fund-facts section below.

OFFICIAL FUND FACTS

GraniteShares 2x Long NVDA Daily ETF (NVDL)

Seeks two times (2×) the daily percentage change of NVIDIA Corporation (NVDA), before fees and expenses. Because the investment objective is daily, the fund's return over periods longer than one trading day should not be assumed to equal its stated leverage multiple applied to the longer-period return of NVDA.

IssuerGraniteShares
Daily Exposure2× long
UnderlyingNVDA
Inception2022-12-13

NVDL Holdings & Portfolio Structure

NVDL obtains leveraged daily exposure to NVIDIA primarily through financial instruments including NVDA-linked swaps, with collateral that can include cash and U.S. Treasury securities.

  • NVDL targets 2× the daily percentage change of NVIDIA (NVDA), before fees and expenses.
  • Derivative exposure can cause gross notional exposure to exceed 100% of fund net assets.
  • Swap counterparties, collateral positions and portfolio weights can change over time.
  • Current portfolio composition should therefore be evaluated using the latest GraniteShares fund holdings and official fund documents.

Official fund information: GraniteShares — NVDL. TNI uses Yahoo Finance historical price and adjusted-close data for independent return, growth and drawdown calculations.

NVDL STOCK LEVERAGED ETF INTELLIGENCE

NVDL Returns FAQ

Frequently asked questions about historical returns, total return, leverage, compounding, benchmark performance and drawdown risk.

What is the NVDL ETF?

NVDL is GraniteShares 2x Long NVDA Daily ETF, a leveraged ETF from GraniteShares. Seeks two times (2×) the daily percentage change of NVIDIA Corporation (NVDA), before fees and expenses. Its objective applies to a single trading day, so returns over longer periods can differ materially from the stated daily leverage multiple.

Is NVDL a safe investment?

NVDL is a leveraged ETF and can experience substantially larger gains and losses than NVDA. Whether it is appropriate depends on an investor's objectives, holding period and ability to tolerate large drawdowns. The fund's daily reset, leverage, compounding and volatility can make longer-period results materially different from the underlying asset.

What is the difference between NVDA and NVDL?

NVDA is the underlying exposure used for comparison on this page, while NVDL is a leveraged ETF seeking 2× long daily exposure linked to NVDA. NVDL resets its leverage daily, so owning NVDL is not economically identical to simply owning NVDA at a fixed multiple for a long period.

What does NVDL invest in?

NVDL obtains leveraged daily exposure to NVIDIA primarily through financial instruments including NVDA-linked swaps, with collateral that can include cash and U.S. Treasury securities. The exact instruments, counterparties, collateral and portfolio weights can change over time, so current composition should be checked against the latest official GraniteShares fund information.

What are NVDL's holdings?

NVDL targets 2× the daily percentage change of NVIDIA (NVDA), before fees and expenses. Derivative exposure can cause gross notional exposure to exceed 100% of fund net assets. Swap counterparties, collateral positions and portfolio weights can change over time. Current portfolio composition should therefore be evaluated using the latest GraniteShares fund holdings and official fund documents.

Does NVDL ETF pay dividends?

Distribution payments can vary over time. For performance analysis, TNI separates price return from total return: the total-return analysis uses adjusted-close history to incorporate distributions and their reinvestment effect, while the annual price-return series uses historical closing prices.

What is NVDL's historical average annual return?

Across 3 completed calendar years in this dataset, NVDL's average annual nvdl price return was +251.67%. The current partial year is excluded from this historical average.

What were NVDL's best and worst years?

NVDL's strongest completed calendar year in this dataset was 2023, with a price return of +377.87%. Its weakest was 2025, with a price return of +32.57%.

How does NVDL compare with NVDA?

TNI compares NVDL with NVDA using synchronized historical periods, including year-by-year annual returns, daily, weekly and monthly period returns, growth analysis and daily adjusted-close drawdowns. A rolling 10-year comparison is not shown because NVDL does not yet have ten years of trading history.

Why doesn't NVDL return exactly 2× long of NVDA over longer periods?

NVDL targets leveraged performance on a daily basis rather than promising a fixed multiple over longer holding periods. Daily resetting and compounding mean that the sequence of returns, volatility, fees and financing effects can cause longer-period performance to differ substantially from simply multiplying NVDA's longer-period return.

What happens to NVDL when NVDA falls?

NVDL seeks 2× long daily exposure linked to NVDA. A decline in NVDA can therefore produce a magnified daily decline in NVDL, before considering fees, expenses, tracking differences and market effects.

What is volatility drag in a daily leveraged ETF?

Volatility drag describes a compounding effect that can occur when returns fluctuate from day to day. Because percentage losses and gains compound from different portfolio values, repeated market swings can reduce longer-period compounded performance even when the underlying later returns near an earlier level.

How severe have NVDL's historical drawdowns been?

The drawdown analysis measures NVDL and NVDA from synchronized daily adjusted-close data. It reports each series' maximum decline from a running peak, peak and trough dates, recovery timing, and the gain required to recover from the deepest observed loss in the available dataset.

Methodology & Source

How the annual returns are calculated

Annual price return is calculated using the final available close of each calendar year relative to the final available close of the prior calendar year. The current calendar year is shown as YTD and is excluded from completed-year summary statistics.

Data Source: Yahoo Finance — GraniteShares 2x Long NVDA Daily ETF (NVDL). Return Type: NVDL Price Return.

MARKET INTELLIGENCEDELAYED

Latest Market Intelligence

Selected market-moving developments identified by TNI.

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Historical Returns Tell You What Happened Before. See What Is Happening Now.

Historical GraniteShares 2x Long NVDA Daily ETF returns provide context for long-term market performance, strong years, drawdowns, and changing market conditions. TNI Intelligence tracks current market-moving news and live market intelligence as conditions change.

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