Leveraged NVDA ETF NVDL Plunges 67 Percent in Early 2025 Drawdown
GraniteShares' 2x Long NVDA Daily ETF lost 67 percent due to daily rebalancing mechanics amplifying volatility decay during NVDA's 35 percent decline. GraniteShares 2x Long NVDA Daily ETF (NVDL) fell 67 percent from peak to trough by April 4, 2025, while NVIDIA (NVDA) decl