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
The GraniteShares 2x Long AMD Daily ETF (AMDL) is an actively managed exchange-traded fund that seeks to provide 200% leveraged exposure to the daily performance of Advanced Micro Devices (AMD) stock. The fund primarily invests in swap agreements and other financial instruments to achieve its daily investment objective. AMDL is structured as a leveraged product, meaning it aims to multiply the daily returns of its underlying exposure.
An investor might consider AMDL to seek amplified daily returns tied to the performance of AMD. This ETF is designed for investors with a very short-term time horizon who are looking to express a strong bullish view on AMD and are comfortable with the heightened risks associated with leveraged investment products.
- Seeks 2x leveraged daily exposure to Advanced Micro Devices (AMD) stock.
- Actively managed, does not track a specific index.
- Expense ratio of 1.07%.
- Total of 2 holdings, primarily AMD and US Dollars.
- Intended for daily use and designed for short-term trading strategies rather than long-term investment.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 3.35% |
| 1 Week | -11.90% |
| 1 Month | -16.33% |
| 3 Months | 173.88% |
| 6 Months | 234.02% |
| YTD | 286.43% |
| 1 Year | 297.27% |
| 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 |
| Sector | 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 | $1.40B |
| 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 $1.40B 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.