AMDL — GraniteShares 2x Long AMD Daily ETF
GraniteShares 2x Long AMD Daily ETF (ticker: AMDL) is a equity ETF issued by GraniteShares tracking ACTIVE - No Index. It was launched on 2024-03-04.
About AMDL
AMDL is an actively managed exchange-traded fund that seeks to provide 2x leveraged exposure to the daily price movements of Advanced Micro Devices (AMD) stock. The fund primarily invests in swap agreements and other financial instruments designed to achieve its leveraged objective, holding 2 securities.
This ETF is suited for investors looking for magnified daily returns on AMD, recognizing the heightened risk associated with leveraged products, which are not intended for long-term holding due to compounding and volatility decay.
- Targets 2x leveraged daily returns for Advanced Micro Devices (AMD) stock.
- Actively managed with no underlying index.
- Has an expense ratio of 1.07% and AUM of $1.39B.
- As of inception on March 4, 2024, it has returned 272.22% YTD and 634.57% over 1 year.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 8.25% |
| 1 Week | 19.03% |
| 1 Month | 110.79% |
| 3 Months | 592.45% |
| 6 Months | 371.52% |
| YTD | 395.18% |
| 1 Year | 775.74% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | AMD | AMD | 202.28% |
| 2 | AMD | AMD | 202.28% |
| 3 | AMD | AMD | 200.67% |
| 4 | AMD | AMD | 200.67% |
| 5 | AMD | AMD | 200.67% |
| 6 | AMD | AMD | 200.67% |
| 7 | AMD | AMD | 200.67% |
| 8 | AMD | AMD | 200.67% |
| 9 | AMD | AMD | 200.66% |
| 10 | AMD | AMD | 200.66% |
Fund Profile
| Issuer | GraniteShares |
|---|---|
| Brand | GraniteShares |
| Asset Class | equity |
| Strategy | Vanilla |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Semiconductors |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2024-03-04 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | AMDL |
|---|---|
| Full Name | GraniteShares 2x Long AMD Daily ETF |
| Issuer | GraniteShares |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $1.58B |
| Inception | 2024-03-04 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does AMDL track?
AMDL (GraniteShares 2x Long AMD Daily ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of AMDL?
AMDL has an expense ratio of 0.01% per year.
What is the AUM of AMDL?
AMDL has approximately $1.58B in assets under management.
Does AMDL pay a dividend?
AMDL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues AMDL?
AMDL is issued by GraniteShares, launched on 2024-03-04.
Open the interactive AMDL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.