NVDL aims to deliver 2x the daily return of NVIDIA stock. While that sounds straightforward, daily rebalancing means long-term results can diverge significantly from a simple 2x multiple — for better or worse.
Did you know?
Since its inception in 2022, NVDL has returned roughly 2,300% (as of Feb 2026), while NVDA has returned about 900%. Keep in mind that NVDA made higher highs almost non-stop since Dec 2022 — growth like this may never happen again.
NVDL returns over the years (approx):
- 2022: -28%
- 2023: +415%
- 2024: +350%
- 2025: +30%
Use the interactive chart below to explore different time horizons and see how dividend reinvestment affects the comparison.