ETF overview
This exchange-traded fund endeavors to achieve daily investment outcomes, before considering fees and expenses, that are equivalent to two hundred percent (200%) of the daily percentage fluctuation in the common shares of Qualcomm Inc. (NASDAQ: QCOM). It is important to recognize that the fund's specified goal is not guaranteed. Furthermore, investors should not anticipate that the fund will deliver twice the cumulative return of QCOM for periods extending beyond a single day.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 7.39%
- Fund assets
- 51.21M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Feb 13, 2025
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| QUALCOMM Incorporated | QCOM | 200.03% |
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
- 7.39%
- Fund assets
- 51.21M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Feb 13, 2025
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| QUALCOMM Incorporated | QCOM | 200.03% |
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.
This exchange-traded fund endeavors to achieve daily investment outcomes, before considering fees and expenses, that are equivalent to two hundred percent (200%) of the daily percentage fluctuation in the common shares of Qualcomm Inc. (NASDAQ: QCOM). It is important to recognize that the fund's specified goal is not guaranteed. Furthermore, investors should not anticipate that the fund will deliver twice the cumulative return of QCOM for periods extending beyond a single day.
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