DLLL

GraniteShares 2x Long DELL Daily ETF

$26.92
+0.00%
Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The GraniteShares 2x Long DELL Daily ETF (DLLL) seeks to provide 2x the daily return of the common stock of Dell Technologies Inc. (DELL).

Overview

ETF tracking GraniteShares 2x Long DELL Daily ETF

Category Leveraged
Issuer Other
Inception Date 2025-02-13
Market Cap $12.7M
Average Volume N/A
Dividend Yield N/A
52-Week Range $8.96 - $41.39
VWAP $26.85

Performance

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Investment Summary

📎 Investment Objective

The GraniteShares 2x Long DELL Daily ETF (DLLL) seeks to provide 2x the daily return of the common stock of Dell Technologies Inc. (DELL).

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to the performance of DELL. It does not invest directly in the underlying stock.

✨ Key Features

  • Provides 2x the daily return of DELL stock
  • Uses derivatives to achieve leveraged exposure
  • Resets daily, so longer-term returns may differ from 2x the stock
  • Very small fund with no assets under management

⚠️ Primary Risks

  • Significant risk of loss due to the leveraged nature of the fund
  • Potential for divergence between the fund's return and 2x the daily return of DELL
  • Counterparty risk associated with the derivative contracts
  • Lack of trading history and very small asset base

👤 Best For

This ETF is intended for experienced, risk-tolerant investors who understand the risks of leveraged funds and are looking for short-term, speculative exposure to the performance of DELL stock. It is not suitable for long-term or conservative investors.