GraniteShares 2x Long MSFT Daily ETF (MSFL) Price
GraniteShares 2x Long MSFT Daily ETF Price
Underlying
GraniteShares 2x Long MSFT Daily ETF provides 2X daily exposure to MSFT.
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.
GraniteShares 2x Long MSFT Daily ETF List of Holdings
Frequently asked questions about GraniteShares 2x Long MSFT Daily ETF
GraniteShares 2x Long MSFT Daily ETF is offered by GraniteShares, a leading player in the field of passive investments.
The ISIN of GraniteShares 2x Long MSFT Daily ETF is US38747R7364.
GraniteShares 2x Long MSFT Daily ETF aims to deliver 2 times the daily return of MSFT (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because GraniteShares 2x Long MSFT 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.
Leveraged ETFs like GraniteShares 2x Long MSFT Daily ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
GraniteShares 2x Long MSFT Daily ETF provides 2X daily long exposure to MSFT. When MSFT moves +1% in a day, GraniteShares 2x Long MSFT Daily ETF targets approximately 2% (before fees).
The total expense ratio of GraniteShares 2x Long MSFT Daily ETF is 1.15%, which means that investors pay 115.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, GraniteShares 2x Long MSFT Daily ETF does not comply with the EU UCITS investor protection directives.
GraniteShares 2x Long MSFT Daily ETF tracks the performance of the Microsoft Corporation.
The current average trading volume of GraniteShares 2x Long MSFT Daily ETF is 1.08 M.
GraniteShares 2x Long MSFT Daily ETF is domiciled in US.
The fund was launched on 3/4/2024.
The GraniteShares 2x Long MSFT Daily ETF mainly invests in Information technology companies.
The NAV of GraniteShares 2x Long MSFT Daily ETF amounts to 15.48 M USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
GraniteShares 2x Long MSFT Daily ETF