BULX

GraniteShares 2x Long BULL Daily ETF

$9.26

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The GraniteShares 2x Long BULL Daily ETF (BULX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the S&P 500 Index.

Overview

ETF tracking GraniteShares 2x Long BULL Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-09-03

Market Cap N/A

Average Volume N/A

Dividend Yield N/A

52-Week Range $9.25 - $32.42

VWAP $9.50

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long BULL Daily ETF (BULX) seeks to provide daily investment results that correspond to twice (2x) the daily performance of the S&P 500 Index.

🎯 Investment Strategy

The fund uses a range of financial instruments, such as swap agreements and futures contracts, to achieve its 2x daily leveraged exposure to the S&P 500 Index. It does not seek to achieve its stated investment objective over periods longer than a single day.

✨ Key Features

Provides 2x daily leveraged exposure to the S&P 500 Index
Resets leverage daily, which can lead to compounding effects over longer periods
Designed for short-term trading, not long-term buy-and-hold investing
Has no assets under management and an expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of loss due to the effects of compounding and daily reset of leverage
Volatility risk as the fund's performance can diverge significantly from the underlying index over time
Counterparty risk associated with the use of derivatives and other financial instruments
Lack of a performance history makes it difficult to evaluate the fund's long-term viability

👤 Best For

This ETF is designed for experienced, sophisticated investors who understand the risks of daily leveraged products and are looking for short-term, speculative exposure to the S&P 500 Index. It is not suitable for long-term buy-and-hold investors or those with a low risk tolerance.