What is the ISIN of GraniteShares 2x Long ETOR Daily ETF?

The ISIN of GraniteShares 2x Long ETOR Daily ETF is US38747R3553.

What does leveraged daily exposure mean for GraniteShares 2x Long ETOR Daily ETF?

GraniteShares 2x Long ETOR Daily ETF aims to deliver 2 times the daily return of ETOR (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect GraniteShares 2x Long ETOR Daily ETF?

Volatility decay (also called compounding drag) occurs because GraniteShares 2x Long ETOR Daily ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

GraniteShares 2x Long ETOR Daily ETF (ETRL) Price

GraniteShares 2x Long ETOR Daily ETF Price

— EUR

TER1.5 %

AUM1.11 M USD

CurrencyUSD

Funds Launch9/3/2025

GraniteShares 2x Long ETOR Daily ETF Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

ETOR

ETOR2X Long Daily

ETOR

GraniteShares 2x Long ETOR Daily ETF provides 2X daily exposure to ETOR.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.