(NVDL) GraniteShares 1.5x Long DA - Ratings and Ratios

Exchange: NASDAQ • Country: USA • Currency: USD • Type: Etf • ISIN: US38747R8271 • Trading--Leveraged Equity

NVDL: Swap Agreements, Financial Derivatives, Options, Futures, Stocks

The GraniteShares 1.5x Long NVDA Daily ETF (NASDAQ:NVDL) operates by engaging in swap agreements with major financial institutions, spanning periods from a day to over a year. These agreements facilitate the exchange of returns on the underlying stock, NVDA, between the fund and the institution. As a non-diversified fund, it concentrates its investments, which can heighten both risks and potential returns.

With a modest 1.5x leverage, this ETF offers a balance between amplified returns and reduced volatility compared to higher-leveraged funds. However, its crucial to recognize the daily reset mechanism, which recalibrates the leverage each day. This can lead to deviations between the ETFs performance and the underlying stocks returns over extended periods, a phenomenon known as decay. Additionally, the reliance on derivatives introduces counterparty risk, a factor investors should carefully consider.

Targeting active traders and investors seeking short-term exposure to NVDA, this ETF is structured for tactical, rather than strategic, investments. Its focus is on daily returns, making it less suitable for buy-and-hold strategies. The funds assets under management (AUM) of approximately $5.18 billion indicate significant liquidity, supporting efficient trading without substantial market impact.

Investors should evaluate their risk tolerance and investment horizon before considering NVDL. The absence of traditional valuation metrics like P/E or P/B underscores the need for a thorough understanding of leveraged ETF dynamics. As with any leveraged product, understanding the underlying mechanisms and associated risks is essential for informed decision-making.

Additional Sources for NVDL ETF

NVDL ETF Overview

Market Cap in USD 3,984m
Category Trading--Leveraged Equity
TER 1.15%
IPO / Inception 2022-12-12

NVDL ETF Ratings

Growth 5y 55.3%
Fundamental -
Dividend 1.0%
Rel. Strength Industry -5.57
Analysts -
Fair Price Momentum 38.35 USD
Fair Price DCF -

NVDL Dividends

Dividend Yield 12m 0.00%
Yield on Cost 5y %
Annual Growth 5y -100.00%
Payout Consistency 1.0%

NVDL Growth Ratios

Growth Correlation 3m -74.4%
Growth Correlation 12m 39.5%
Growth Correlation 5y 93.5%
CAGR 5y 191.28%
CAGR/Max DD 5y 3.38
Sharpe Ratio 12m 0.87
Alpha -27.76
Beta 6.09
Volatility 158.50%
Current Volume 25509.8k
Average Volume 20d 26512.1k
What is the price of NVDL stocks?
As of March 14, 2025, the stock is trading at USD 43.07 with a total of 25,509,800 shares traded.
Over the past week, the price has changed by +8.49%, over one month by -29.98%, over three months by -35.77% and over the past year by +1.06%.
Is GraniteShares 1.5x Long DA a good stock to buy?
Partly, yes. Based on ValueRay Analyses, GraniteShares 1.5x Long DA (NASDAQ:NVDL) is currently (March 2025) ok to buy, but has to be watched. It has a Growth Technical Rating of 55.34 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of NVDL as of March 2025 is 38.35. This means that NVDL is currently overvalued and has a potential downside of -10.96%.
Is NVDL a buy, sell or hold?
GraniteShares 1.5x Long DA has no consensus analysts rating.
What are the forecast for NVDL stock price target?
According to ValueRays Forecast Model, NVDL GraniteShares 1.5x Long DA will be worth about 46 in March 2026. The stock is currently trading at 43.07. This means that the stock has a potential upside of +6.85%.
Issuer Forecast Upside
Wallstreet Target Price - -
Analysts Target Price - -
ValueRay Target Price 46 6.8%