Providers are also expanding their single-stock ETF suites following the popularity of products like the GraniteShares 1.5x Long NVDA Daily ETF NVDL and Direxion Daily TSLA Bull 1.5X Shares TSLL, which provide leveraged exposure to NVIDIA NVDA and Tesla TSLA, respectively. These stocks are trading at around multiyear lows, and it remains to be seen whether they can rebound as interest rates moderate and more large employers start bringing employees back to the office. The firm believes these areas are poised to benefit from the secular trends of higher inflation, deglobalization, and geopolitical tensions.