<p><strong>Alert</strong>:     <a class="text-black ps-2" href="https://graniteshares.com/media/di3durye/new-product-launch-release-smci.docx" tabindex="-1">GraniteShares launches new ETF on SMCI</a></p>

UBRL

GraniteShares 2x Long UBER 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 Uber Technologies Inc. (NYSE: UBER).

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 UBER for periods greater than a day.

Underlying Stock: Uber Technologies Inc.

Uber Technologies, Inc. is a technology company, which develops and operates proprietary technology applications supporting a variety of offerings on its platform. The company connects consumers with independent providers of ride services for ride sharing services and with restaurants grocers and other stores with delivery service providers for meal preparation, grocery and other delivery services.

Key Facts

  Fact Sheet
  Prospectus
Ticker
UBRL
CUSIP
38747R694
Underlying Stock
Uber Technologies Inc.
Leveraged Factor
2x
NAV as of Aug 20, 2024
Closing Price as of Aug 20, 2024
Premium / (Discount)15
(0.00)%
30-Day Median bid/ask spread 15
Total Annual Operating Expense Ratio
1.15%
Net Annual Operating Expense Ratio15
1.15% per annum
Inception Date
Sep 03, 2024

Related Products

Simple
Access through a traditional brokerage account. No need to borrow or maintain collateral.
High Conviction
Magnify exposure to UBER 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
UBRL Market Price Return15 15 - - - - - 7.69%
UBRL NAV Return15 15 - - - - - 7.51%
Benchmark Return15 15 - - - - - 4.55%

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
Uber Technologies Inc. 100%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield As of December 31, 2023

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

Simple
Access through a traditional brokerage account. No need to borrow or maintain collateral.
High Conviction
Magnify exposure to UBER 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
UBRL Market Price Return15 15 - - - - - 7.69%
UBRL NAV Return15 15 - - - - - 7.51%
Benchmark Return15 15 - - - - - 4.55%

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
Uber Technologies Inc. 100%

Fund exposures are subject to change

Distribution Calendar15

Fund Yield As of December 31, 2023

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