Performance analysis of NVDL (GRANITESHARES 2X LONG NVDA DAILY ETF)
Annual Return
Over the past 3 years, NVDL has had an average annual return of +92.09%, outperforming the benchmark SPY, which returned +19.63% annual.
Since Dec 13, 2022, NVDL has had an average annual return of +142.05%, outperforming the benchmark SPY, which returned +20.45% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +7.78% | +32.57% | +344.57% | +431.95% | -28.32% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.85% | -16.31% | -5.12% | +28.70% | +9.98% | -12.94% | +6.07% | +7.78% | |||||
| 2025 | -26.15% | +4.92% | -27.29% | -7.22% | +50.26% | +35.06% | +24.91% | -5.54% | +12.67% | +15.34% | -25.32% | +9.14% | +32.57% |
| 2024 | +38.87% | +59.13% | +25.76% | -12.22% | +55.72% | +22.60% | -14.68% | -1.60% | -0.34% | +16.45% | +6.09% | -7.65% | +344.57% |
| 2023 | +52.20% | +27.37% | +29.53% | -0.98% | +55.62% | +16.14% | +15.08% | +6.86% | -18.11% | -10.51% | +21.89% | +7.77% | +431.95% |
| 2022 | -28.32% | -28.32% |
Drawdown analysis of NVDL (GRANITESHARES 2X LONG NVDA DAILY ETF)
The maximum drawdown for the NVDL was -67.55%, occurring on Apr 4, 2025. Recovery took 77 trading sessions.
The current NVDL drawdown is -26.49%.
Since Dec 13, 2022 NVDL has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 2 times
- 30% or more: 5 times
- 20% or more: 7 times
- 10% or more: 15 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.55% | Jun 18, 2024 | 199 | Apr 4, 2025 | 77 | Jul 28, 2025 | 276 |
| -42.23% | Oct 29, 2025 | 103 | Mar 30, 2026 | 30 | May 12, 2026 | 133 |
| -37.75% | Mar 25, 2024 | 18 | Apr 19, 2024 | 24 | May 23, 2024 | 42 |
| -35.89% | May 14, 2026 | 29 | Jun 26, 2026 | Ongoing | Ongoing | Ongoing |
| -32.26% | Dec 13, 2022 | 10 | Dec 28, 2022 | 16 | Jan 23, 2023 | 26 |
| -27.96% | Aug 31, 2023 | 39 | Oct 26, 2023 | 17 | Nov 20, 2023 | 56 |
| -21.04% | Jul 18, 2023 | 18 | Aug 11, 2023 | 12 | Aug 29, 2023 | 30 |
| -17.83% | Aug 12, 2025 | 17 | Sep 5, 2025 | 17 | Sep 30, 2025 | 34 |
| -17.19% | Feb 14, 2024 | 4 | Feb 21, 2024 | 1 | Feb 22, 2024 | 5 |
| -14.94% | Feb 14, 2023 | 4 | Feb 21, 2023 | 2 | Feb 23, 2023 | 6 |
| -14.68% | Nov 20, 2023 | 11 | Dec 6, 2023 | 21 | Jan 8, 2024 | 32 |
| -14.63% | Mar 7, 2024 | 2 | Mar 11, 2024 | 9 | Mar 22, 2024 | 11 |
| -13.28% | Oct 9, 2025 | 4 | Oct 15, 2025 | 9 | Oct 28, 2025 | 13 |
| -11.10% | Jun 20, 2023 | 4 | Jun 26, 2023 | 12 | Jul 13, 2023 | 16 |
| -10.24% | May 30, 2023 | 6 | Jun 7, 2023 | 4 | Jun 13, 2023 | 10 |
| -9.90% | Apr 3, 2023 | 15 | Apr 25, 2023 | 4 | May 1, 2023 | 19 |
| -8.79% | May 29, 2024 | 2 | May 31, 2024 | 2 | Jun 4, 2024 | 4 |
| -8.25% | Jan 27, 2023 | 1 | Jan 30, 2023 | 2 | Feb 1, 2023 | 3 |
| -7.88% | Mar 8, 2023 | 3 | Mar 13, 2023 | 3 | Mar 16, 2023 | 6 |
| -7.77% | Feb 9, 2023 | 1 | Feb 10, 2023 | 2 | Feb 14, 2023 | 3 |
| -6.82% | May 1, 2023 | 3 | May 4, 2023 | 2 | May 8, 2023 | 5 |
| -6.46% | Jul 30, 2025 | 2 | Aug 1, 2025 | 1 | Aug 4, 2025 | 3 |
| -6.07% | Feb 23, 2023 | 4 | Mar 1, 2023 | 2 | Mar 3, 2023 | 6 |
| -5.17% | May 18, 2023 | 4 | May 24, 2023 | 1 | May 25, 2023 | 5 |
| -4.57% | Mar 23, 2023 | 3 | Mar 28, 2023 | 2 | Mar 30, 2023 | 5 |