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AMDL

GraniteShares 2x Long AMD Daily ETF·NASDAQ
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Key Stats

Assets Under Management
593.98MUSD
Fund Flows (1Y)
-157.64MUSD
Dividend Yield
--
Discount/Premium to NAV
-0.13%
Shares Outstanding
37.90M
Expense Ratio
1.07%

About GraniteShares 2x Long AMD Daily ETF

Issuer
GraniteShares Advisors LLC
Brand
GraniteShares
Inception Date
Mar 4, 2024
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
40.00%
Max LT Capital Gains Rate
20.00%
Primary Advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
AMDL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Advanced Micro Devices stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Classification

Asset Class
Equity
Category
Sector
Focus
Information Technology
Niche
Semiconductors
Strategy
Vanilla
Geography
U.S.
Weighting Scheme
Single Asset
Selection Criteria
Single asset

Analysis

Asset

No data available

Holdings

Symbol

Ratio

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AMD

200.12%
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US Dollars

100.00%

Symbol

Ratio

No holdings data

Top 10 Weight 300.12%

2 Total Holdings

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

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