CRWL

GraniteShares 2x Long CRWD Daily ETF

$41.97
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The GraniteShares 2x Long CRWD Daily ETF (CRWL) seeks to provide 2x the daily return of the stock of CrowdStrike Holdings, Inc. (CRWD), a leading cybersecurity company.

Overview

ETF tracking GraniteShares 2x Long CRWD Daily ETF

Category Leveraged
Issuer Other
Inception Date 2024-11-12
Market Cap $53.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $17.83 - $45.36
VWAP $40.75

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long CRWD Daily ETF (CRWL) seeks to provide 2x the daily return of the stock of CrowdStrike Holdings, Inc. (CRWD), a leading cybersecurity company.

🎯 Investment Strategy

The ETF uses derivatives and leveraged investment techniques to amplify the daily price movements of the CRWD stock. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

  • Provides 2x the daily return of CRWD stock
  • Utilizes derivatives and leverage to achieve its objective
  • Resets daily, so longer-term returns may differ from 2x the CRWD stock
  • Relatively small asset size of $0

⚠️ Primary Risks

  • Amplified daily volatility and potential for significant losses
  • Risks associated with the use of derivatives and leverage
  • Potential for divergence between the ETF's performance and 2x the daily return of CRWD
  • Liquidity and trading risks due to small asset size

👤 Best For

This ETF is intended for experienced, sophisticated investors with a high risk tolerance who seek to make short-term, speculative bets on the daily price movements of the CRWD stock. It is not suitable for long-term buy-and-hold investors or those with a low risk appetite.