$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ ETF decay o...
$GraniteShares 2x Long NVDA Daily ETF(NVDL.US$ ETF decay observation.
On 27th July, when price for Nvidia hit 112.50 and NVDL 2X ETF stood at the price of 55.80+/-
Today (30th July), while Nvidia reaches the same level of 112.50, NVDL only managed to hit 55.00 +/-.
So there's definitely price decay when holding over longer period.
![$GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ ETF decay observation. On 27th July, when price for Nvidia hit 112.50 and NVDL 2X ETF stood at the price of 55....](https://sgsnsimg.moomoo.com/sns_client_feed/104329846/20240731/1722433939537-random4606-104329846-android-org.jpeg/big?area=104&is_public=true)
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