GraniteShares 2x Long DELL Daily ETF (DLLL)
GraniteShares 2x Long DELL Daily ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $28.69, up 20.24% on the session, giving a market capitalisation of $144.9M. Its beta of 7.46 implies it has historically moved more than the broad market.
This ETF aims to deliver daily investment returns, prior to the deduction of fees and expenses, that are double (200%) the daily percentage fluctuation of Dell Technologies Inc.'s common stock (NASDAQ: DELL). It is important to understand that there is no assurance the fund will consistently achieve this target. Furthermore, investors should not anticipate that this fund will provide two times the cumulative return of DELL for holding periods extending beyond a single day.
GraniteShares 2x Long DELL Daily ETF is most often compared with the following Financial Services names: