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Instead, many are turning to the GraniteShares 2x Long NVDA Daily ETF (NVDL), a leveraged fund designed to deliver twice Nvidia’s daily stock performance. As Nvidia continues attracting heavy trading activity, ETFs tied to the stock are also drawing growing interest from traders looking for amplified gains.
A $4.67 Billion ETF Focused on Nvidia
NVDL has quickly become one of the most actively traded Nvidia-linked ETFs. The fund now manages roughly $4.67 billion in assets and regularly sees close to 10 million shares traded daily. The ETF has also delivered strong returns during Nvidia’s AI-driven rally, gaining about 102% over the past year and more than 21% year-to-date.
NVDL also carries an expense ratio of 1.05%, which is higher than traditional index ETFs because of its leveraged structure.
