GraniteShares 2x Long CRWD Daily ETFGraniteShares 2x Long CRWD Daily ETFGraniteShares 2x Long CRWD Daily ETF

GraniteShares 2x Long CRWD Daily ETF

No trades
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Key stats


Assets under management (AUM)
‪1.05 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
−2.0%

About GraniteShares 2x Long CRWD Daily ETF


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Expense ratio
1.50%
Inception date
Nov 11, 2024
Index tracked
No Underlying Index
Management style
Active
CRWL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of CRWD 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. It may either buy deep in-the-money calls or use a synthetic forward options strategy. 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.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Strategy
Vanilla
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Displays a symbol's price movements over previous years to identify recurring trends.