GraniteShares 2x Long Uber Daily ETF (UBRL)
GraniteShares 2x Long Uber 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 $13.21, up 0.92% on the session, giving a market capitalisation of $19.7M. Its beta of 1.39 implies it has historically moved more than the broad market.
This GraniteShares 2x Long Uber Daily ETF (UBRL) endeavors to produce daily investment returns, before accounting for any associated fees and expenses, that are double (200%) the daily percentage change in the common stock of Uber Technologies Inc. (NASDAQ: UBER). It is important for investors to recognize that meeting this stated goal cannot be guaranteed. Furthermore, this fund is explicitly not designed to provide two times the cumulative return of Uber's stock over periods longer than a single day.
GraniteShares 2x Long Uber Daily ETF is most often compared with the following Financial Services names: