GraniteShares 2x Long QCOM Daily ETF (QCML)
GraniteShares 2x Long QCOM 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 $14.77, up 0.41% on the session, giving a market capitalisation of $4.0M. Its beta of 6.19 implies it has historically moved more than the broad market.
This exchange-traded fund endeavors to achieve daily investment outcomes, before considering fees and expenses, that are equivalent to two hundred percent (200%) of the daily percentage fluctuation in the common shares of Qualcomm Inc. (NASDAQ: QCOM). It is important to recognize that the fund's specified goal is not guaranteed. Furthermore, investors should not anticipate that the fund will deliver twice the cumulative return of QCOM for periods extending beyond a single day.
GraniteShares 2x Long QCOM Daily ETF is most often compared with the following Financial Services names: