NVDL ETF — GraniteShares 2x Long NVDA Daily ETF
GraniteShares 2x Long NVDA Daily ETF (NVDL)
NVDL is an ETF that tracks the NVIDIA (NVDA). As of August 28, 2026, its expense ratio is 1.05%. Fund total return is 2486.4% over the past 3.7 years, 1379.9 points ahead of NVDA at 1106.5%.
GraniteShares 2x Long NVDA Daily ETF is an actively managed ETF that seeks to deliver twice the daily percentage change of NVIDIA stock through swaps, options, and direct stock purchases. The fund does not currently distribute income to shareholders and carries an expense ratio of 1.05%. This leveraged fund appeals to traders and tactical investors seeking amplified short-term exposure to NVIDIA price movements, rather than long-term income or diversified equity investors.
NVDL dividend yield and income
Data as of August 28, 2026.
The last ex-dividend date was 12/27/2023. It was paid on 12/29/2023.
| Ex-date | Amount | vs year-ago payment |
|---|---|---|
| 2023-12-27 | $0.5617 | — |
| 2023 total | $0.5617 | — |
NVDL performance versus NVDA
Data as of August 28, 2026.
Fund total return is 2486.4% over the past 3.7 years, 1379.9 points ahead of NVDA at 1106.5%. Its deepest 1-year drawdown was 42.2%.
| Window | Total return | CAGR |
|---|---|---|
| Since inception (3.7 years) | 2486.4% | 140.50% |
| 3Y CAGR | — | 91.80% |
NVDL key facts
Data as of August 28, 2026.
- Issuer
- GraniteShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 12/12/2022
- Expense ratio
- 1.05%
- Distribution frequency
- Monthly
- Last close
- $33.75
- AUM
- $3,765,113,748
- Average volume
- 24516367.0
- Ex-dividend date
- 12/27/2023
- Payment date
- 12/29/2023
- Beta
- 3.82
How Dividend Vision calculates yield and returns
Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.
Distribution rate methodology · Distribution Safety Score methodology · SEC yield
Sources and review
Data as of August 28, 2026.
Primary sources: GraniteShares; Index: NVIDIA (NVDA); prices and distributions from Dividend Vision, derived from vendor EOD data.
Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.
NVDL risks and drawbacks
The deepest 1-year drawdown on record here is 42.2%.
Who may consider NVDL — and who may not
It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.
Frequently asked questions
Does NVDL pay monthly?
Yes. NVDL currently pays monthly.
What index does NVDL track?
NVDL tracks the NVIDIA (NVDA).
What is NVDL's expense ratio?
NVDL's expense ratio is 1.05%.
When does NVDL pay a dividend?
NVDL pays monthly. The last ex-dividend date was 12/27/2023. It was paid on 12/29/2023.
How has NVDL performed?
Fund total return is 2486.4% over the past 3.7 years, 1379.9 points ahead of NVDA at 1106.5%. Its deepest 1-year drawdown was 42.2%.
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