GraniteShares 2x Long MRVL Daily ETF (MVLL)
GraniteShares 2x Long MRVL 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 $26.53, up 4.33% on the session, giving a market capitalisation of $318.6M. Its beta of 8.37 implies it has historically moved more than the broad market.
This ETF aims to deliver daily investment results, prior to accounting for fees and expenses, that are two times (200%) the daily percentage movement of Marvell Technology, Inc.'s (NASDAQ: MRVL) common stock. It is important to note that the fund's ability to consistently achieve this stated objective is not guaranteed. Furthermore, for investment periods extending beyond a single day, one should not anticipate that the fund's cumulative returns will precisely double those of MRVL.
GraniteShares 2x Long MRVL Daily ETF is most often compared with the following Financial Services names: