GraniteShares 2x Long IONQ Daily ETF (IONL)
GraniteShares 2x Long IONQ 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 $17.47, up 7.84% on the session, giving a market capitalisation of $6.6M. Its beta of 0.00 implies it has historically moved less than the broad market.
The primary objective of this fund is to deliver daily investment results that are two times (200%) the daily percentage change of IonQ Inc.'s common stock (NASDAQ: IONQ), before factoring in fees and expenses. It is important to note that meeting this specific daily objective is not guaranteed. Furthermore, due to the nature of daily leverage and compounding, this fund should not be expected to replicate two times the cumulative return of IONQ over periods exceeding a single day.
GraniteShares 2x Long IONQ Daily ETF is most often compared with the following Financial Services names: