Graniteshares 2x Long Etf Profile
| DLLL Etf | 11.75 0.58 4.70% |
PerformanceVery Weak
|
GraniteShares is selling for 11.75 as of the 17th of April 2025. This is a 4.7 percent decrease since the beginning of the trading day. The etf's lowest day price was 11.25. GraniteShares has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. The performance scores are derived for the period starting the 28th of April 2023 and ending today, the 17th of April 2025. Click here to learn more.
GraniteShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Single Stock ETFs (View all Sectors) |
| Issuer | GraniteShares |
| Inception Date | 2025-02-13 |
| Benchmark | Dell Technologies Inc. |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 3.68 Million |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Single Stock |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | ALPS Fund Services, Inc. |
| Advisor | GraniteShares Advisors LLC |
| Custodian | Brown Brothers Harriman & Co. |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Benoit Autier, Jeff Klearman, Ryan Dofflemeyer |
| Transfer Agent | Brown Brothers Harriman & Co. |
| Fiscal Year End | 30-Jun |
| Exchange | NASDAQ |
| Number of Constituents | 2.0 |
| Market Maker | IMC |
| Total Expense | 2.3 |
| Management Fee | 1.3 |
| Country Name | USA |
| Code | DLLL |
| Name | GraniteShares 2x Long DELL Daily ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01S3KR2Q7 |
| Type | ETF |
GraniteShares 2x Long [DLLL] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check GraniteShares Probability Of Bankruptcy
GraniteShares 2x Long Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in GraniteShares. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (1.15) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | 0.9204 |
GraniteShares Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in GraniteShares 2x Long. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
The market value of GraniteShares 2x Long is measured differently than its book value, which is the value of GraniteShares that is recorded on the company's balance sheet. Investors also form their own opinion of GraniteShares' value that differs from its market value or its book value, called intrinsic value, which is GraniteShares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because GraniteShares' market value can be influenced by many factors that don't directly affect GraniteShares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between GraniteShares' value and its price as these two are different measures arrived at by different means. Investors typically determine if GraniteShares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GraniteShares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.