Nvidia's Selloff Put Two Bullish 2× ETFs to the Test. Here's How They Fared
247wallst.com's November 13, 2026 article by Ryne Mauck tests two bullish 2× Nvidia ETFs against Nvidia's 4.34% drop to $166.19 on November 12: GraniteShares NVDL fell 8.97% and Direxion NVDU 9.17%, close to their daily targets, though over one month and year to date their losses of roughly 49% and 36% far exceed Nvidia's, the effect of daily resets and volatility drag. Axios, NPR, CBS News and NBC News reported that Nvidia CEO Jensen Huang resigned November 12 with no reason given, and the board named CFO Colette Kress interim CEO.
