MVLL

GraniteShares 2x Long MRVL Daily ETF

$23.74

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The GraniteShares 2x Long MRVL Daily ETF (MVLL) seeks to provide 2x the daily return of the common stock of Marvell Technology, Inc. (MRVL).

Overview

ETF tracking GraniteShares 2x Long MRVL Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-07

Market Cap $61.2M

Average Volume N/A

Dividend Yield N/A

52-Week Range $10.18 - $28.36

VWAP $23.75

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long MRVL Daily ETF (MVLL) seeks to provide 2x the daily return of the common stock of Marvell Technology, Inc. (MRVL).

🎯 Investment Strategy

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

✨ Key Features

Provides 2x the daily return of Marvell Technology, Inc. stock
Uses derivatives to obtain leveraged exposure
Resets exposure daily, so returns may not match 2x the stock's long-term performance
Very small fund with no assets under management

⚠️ Primary Risks

Significant leverage risk, which can magnify losses
Tracking error risk, as the fund may not perfectly match 2x the daily return
Counterparty risk related to the swap agreements
Lack of trading history and very small asset base

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors seeking to make short-term, speculative bets on the daily performance of Marvell Technology's stock. It is not appropriate for long-term buy-and-hold investors or those with a low risk tolerance.