GraniteShares 2x Long NVDA Daily ETF (NASDAQ:NVDL) has outperformed the market over the past 5 years by 64.11% on an annualized basis producing an average annual return of 74.43%. Currently, GraniteShares 2x Long NVDA Daily ETF has a market capitalization of $3.57 billion.
Buying $1000 In NVDL: If an investor had bought $1000 of NVDL stock 5 years ago, it would be worth $16,148.33 today based on a price of $71.15 for NVDL at the time of writing.
GraniteShares 2x Long NVDA Daily ETF's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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