Both NVDU and NVDL target the same exposure — 2x the daily return of NVIDIA Corporation (NVDA) — but they come from different issuers, Direxion and GraniteShares respectively. Because both funds reset their leverage daily, holding either over longer periods can produce returns that diverge meaningfully from a simple 2x of NVDA's cumulative move, especially in volatile markets.
Key Metrics
| Metric | NVDU | NVDL |
|---|---|---|
| Options | Yes (Monthly) | Yes (Weekly) |
| 30-day avg volume (as of May 2026) | 596,267 | 8,923,540 |
Use the interactive chart below to explore different time horizons and see how dividend reinvestment affects the comparison.