ETF overview
The GraniteShares 2x Long MU Daily ETF (MULL) is designed to achieve investment returns, before accounting for its fees and expenses, that are double (200%) the daily percentage change of Micron Technology Inc.'s common stock (NASDAQ: MU). It's important to note that there's no assurance the fund will consistently meet this daily target. Investors should also be aware that, due to the impact of compounding, this fund should not be anticipated to deliver two times the cumulative return of MU over timeframes longer than a single trading day.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 3.06%
- Fund assets
- 465.91M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Nov 11, 2024
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| Micron Technology, Inc. | MU | 199.63% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- 2x daily
- Expense ratio
- 3.06%
- Fund assets
- 465.91M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Nov 11, 2024
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| Micron Technology, Inc. | MU | 199.63% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
The GraniteShares 2x Long MU Daily ETF (MULL) is designed to achieve investment returns, before accounting for its fees and expenses, that are double (200%) the daily percentage change of Micron Technology Inc.'s common stock (NASDAQ: MU). It's important to note that there's no assurance the fund will consistently meet this daily target. Investors should also be aware that, due to the impact of compounding, this fund should not be anticipated to deliver two times the cumulative return of MU over timeframes longer than a single trading day.
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