ETF overview
This exchange-traded fund (ETF) endeavors to deliver daily investment performance, before accounting for management fees and other operational expenses, that is two times (200%) the daily percentage fluctuation of Reddit Inc.'s common shares, traded under the NASDAQ ticker RDDT. It is important to note that success in achieving this stated objective is not guaranteed. Furthermore, investors should understand that this fund is not designed, nor should it be expected, to provide twice the cumulative return of RDDT for any period extending beyond a single trading day.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 2.44%
- Fund assets
- 52.48M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Mar 25, 2025
- Number of holdings
- 1
Holdings (1)
| Name | Ticker | Exposure |
|---|---|---|
| Reddit, Inc. | RDDT | 199.71% |
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
- 2.44%
- Fund assets
- 52.48M USD (all share classes)
- Issuer
- GraniteShares
- Inception date
- Mar 25, 2025
- Number of holdings
- 1
| Name | Ticker | Exposure |
|---|---|---|
| Reddit, Inc. | RDDT | 199.71% |
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 (ETF) endeavors to deliver daily investment performance, before accounting for management fees and other operational expenses, that is two times (200%) the daily percentage fluctuation of Reddit Inc.'s common shares, traded under the NASDAQ ticker RDDT. It is important to note that success in achieving this stated objective is not guaranteed. Furthermore, investors should understand that this fund is not designed, nor should it be expected, to provide twice the cumulative return of RDDT for any period extending beyond a single trading day.
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