MULL

GraniteShares 2x Long MU Daily ETF

Fund Objective

The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Micron Technology Inc. (NASDAQ: MU).

There is no guarantee that the Fund will meet its stated objective.

The fund should not be expected to provide 2 times the cumulative return of MU for periods greater than a day.

Underlying Stock: Micron Technology Inc.

Micron Technology, Inc. is a provider of memory and storage solutions. The Company offers a portfolio of high-performance dynamic random-access memory (DRAM), NAND, and NOR memory and storage products through its Micron and Crucial brands. 

Key Facts

  Fact Sheet
  Prospectus
Ticker
MULL
CUSIP
38747R 678
Underlying Stock
Micron Technology Inc.
Leveraged Factor
2x
NAV as of November 11, 2024
Closing Price as of November 11, 2024
Premium / (Discount)15
(0.00)%
30-Day Median bid/ask spread 15
N/A
Total Annual Operating Expense Ratio
1.30%
Net Annual Operating Expense Ratio15
1.50% per annum
Inception Date
November 11, 2024
Simple
Access through a traditional brokerage account. No need to borrow or maintain collateral.
High Conviction
Magnify exposure to MU in a single trade.
Control
No margin calls. Cannot lose more than the initial investment
Data as of September 30, 2024
All data on total return basis 15 1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
MU Market Price Return15 15 N/A N/A N/A N/A N/A N/A
MU NAV Return15 15 N/A N/A N/A N/A N/A N/A
Benchmark Return15 15 N/A N/A N/A N/A N/A N/A

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.Returns for the fund would have been lower if the management fee had not been waived.Market price returns are based on the midpoint of the bid/ask spread at 4pm ET and do not represent the returns an investor would receive if shares were traded at other times.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Fund Sector Breakdown

as of Feb 2, 2024
TECHNOLOGY 100.00 %

Sector breakdowns are subject to change

Top 10 Fund Exposures

as of Feb 2, 2024
Micron Technology, Inc. 100%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield As of October 28, 2023

SEC 30-Day Yield 15 N.A.
Distribution Rate15 0.00%
12 Month Distribution15 0.00%

Simple
Access through a traditional brokerage account. No need to borrow or maintain collateral.
High Conviction
Magnify exposure to MU in a single trade.
Control
No margin calls. Cannot lose more than the initial investment

Data as of September 30, 2024
All data on total return basis 15 1 Month 3 Months YTD 1 Year 15 3 Year 15 Since
Inception 15
MU Market Price Return15 15 N/A N/A N/A N/A N/A N/A
MU NAV Return15 15 N/A N/A N/A N/A N/A N/A
Benchmark Return15 15 N/A N/A N/A N/A N/A N/A

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than original cost. Returns less than one year are not annualized.Returns for the fund would have been lower if the management fee had not been waived.Market price returns are based on the midpoint of the bid/ask spread at 4pm ET and do not represent the returns an investor would receive if shares were traded at other times.

For the fund’s most recent month end performance, please call 1(844) 476-8747

Fund Sector Breakdown

as of Feb 2, 2024
TECHNOLOGY 100.00 %

Sector breakdowns are subject to change

Top 10 Fund Exposures

as of Feb 2, 2024
Micron Technology, Inc. 100%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield As of October 28, 2023

SEC 30-Day Yield 15 N.A.
Distribution Rate15 0.00%
12 Month Distribution15 0.00%

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