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

The ISIN of GraniteShares 2x Long AVGO Daily ETF is US38747R4130.

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

GraniteShares 2x Long AVGO Daily ETF aims to deliver 2 times the daily return of AVGO (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 AVGO Daily ETF?

Volatility decay (also called compounding drag) occurs because GraniteShares 2x Long AVGO 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.

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GraniteShares 2x Long AVGO Daily ETF (AVGU) Price

GraniteShares 2x Long AVGO Daily ETF Price

— EUR

PRO

TER1.5 %

AUM16.03 M USD

CurrencyUSD

Funds Launch7/15/2025

GraniteShares 2x Long AVGO Daily ETF Price

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Underlying

AVGO

AVGO2X Long Daily

AVGO

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

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.