GraniteShares 2x Long COIN Daily ETFGraniteShares 2x Long COIN Daily ETFGraniteShares 2x Long COIN Daily ETF

GraniteShares 2x Long COIN Daily ETF

No trades
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Key stats


Assets under management (AUM)
‪1.45 B‬USD
Fund flows (1Y)
‪1.12 B‬USD
Dividend yield (indicated)
0.16%
Discount/Premium to NAV
−2.9%

About GraniteShares 2x Long COIN Daily ETF


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Expense ratio
1.10%
Inception date
Aug 9, 2022
Index tracked
Coinbase Global, Inc. Class A
Management style
Passive
CONL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of COIN stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested. Prior to Jan. 22, 2024, the fund provided 1.5x leveraged exposure to the price of the stock.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Financial Exchanges & Data
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 19, 2024
Exposure type
StocksBonds, Cash & Other
Cash
Miscellaneous
Stocks1.03%
Finance1.03%
Bonds, Cash & Other98.97%
Cash60.15%
Miscellaneous37.19%
Government1.62%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows