ETRL

GraniteShares 2x Long ETOR Daily ETF

$17.33

+0.00%

Market closed. Last update: 11:56 AM ET

📎 Investment Objective

The GraniteShares 2x Long ETOR Daily ETF (ETRL) seeks to provide 2x the daily return of the ETOR Index, which tracks the performance of a basket of energy-related companies.

Overview

ETF tracking GraniteShares 2x Long ETOR Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-09-03

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $12.16 - $25.17

VWAP $17.13

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long ETOR Daily ETF (ETRL) seeks to provide 2x the daily return of the ETOR Index, which tracks the performance of a basket of energy-related companies.

🎯 Investment Strategy

The fund uses leveraged derivatives and other financial instruments to amplify the daily returns of the underlying index by a factor of 2. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x the daily performance of the ETOR Index
Utilizes leveraged derivatives to achieve its objective
Resets exposure daily, not intended for long-term holding
Relatively low assets under management and expense ratio

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage risk, where losses can be magnified beyond the initial investment
Tracking error risk, where the fund may not precisely match the 2x daily index return
Liquidity risk due to low trading volume and assets under management

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who are looking to make tactical, speculative bets on the energy sector. It is not recommended for long-term buy-and-hold investors due to the daily reset of leverage and potential for significant losses over time.