Warning: Buy NVDL instead.
$Direxion Daily NVDA Bull 2X Shares (NVDU.US)$ this ETF blows, and it's just a worse version of $GraniteShares 2x Long NVDA Daily ETF (NVDL.US)$ .
Why? There is less liquidity so it misses the high and low peaks. Also, it slightly lags both NVDA and NVDL which you think would translate into an infinite money glitch, but it doesn't, because it just moves up less than the underlying X 2.
If you're a day trader, don't use it. I accidentally bought this instead of NVDL and missed two profitable exits because there isn't enough liquidity to trade.
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