GraniteShares ETF Trust GraniteShares 2x Long NVDA Daily ETF

NVDL

Market cap $4.4B

GraniteShares 2x Long NVDA Daily ETF (NVDL) offers 2x daily exposure to Nvidia but carries extreme risk and volatility. NVDL has underperformed expectations, up only 25% YTD versus NVDA's 33%, due to compounding slippage in volatile markets. Leveraged ETFs like NVDL can experience catastrophic losses—over 90%—during sharp drawdowns, making recovery nearly impossible.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Active ETFs issuance has been torrid since 2021. At the start of that year there were 535 active ETFs versus 1,959 passive ETFs.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Nvidia (NVDA 0.32%), one of the market's hottest growth stocks, has surged 27,590% over the past decade as its sales of discrete GPUs soared. That boom was largely fueled by the expansion of the AI market, which drove many companies to upgrade their data centers with its top-tier GPUs to process complex machine learning and AI tasks.

NVDA reclaims the top spot with a $3.45T valuation, and ETFs with heavy exposure to the stock offer investors a way to ride the AI wave.

It's been a great year for international equity ETF investors. Will it persist after Nvidia Q1 results?

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

On this week's episode of ETF Prime, VettaFi Senior Research Analyst Zeno Mercer joins host Nate Geraci to discuss gold as well as international equity ETFs. Later, Kristin Myers, editor-in-chief at etf.com, previews the 2025 industry awards ceremony.