MSDD

GraniteShares 2x Short MSTR Daily ETF

$62.72

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The GraniteShares 2x Short MSTR Daily ETF (MSDD) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSTR stock.

Overview

ETF tracking GraniteShares 2x Short MSTR Daily ETF

Category Inverse

Issuer Other

Inception Date 2025-06-10

Market Cap $1.9M

Average Volume N/A

Dividend Yield N/A

52-Week Range $17.13 - $62.80

VWAP $61.99

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Short MSTR Daily ETF (MSDD) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the MSTR stock.

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide the desired inverse leveraged exposure to the MSTR stock on a daily basis. It does not seek to achieve its investment objective over periods longer than a single trading day.

✨ Key Features

Provides -2x daily exposure to the MSTR stock
Designed for short-term, tactical trading rather than long-term investment
Utilizes derivatives to achieve its inverse leveraged objective
Resets exposure daily, so longer-term returns may not match the target multiple

⚠️ Primary Risks

Significant daily volatility and potential for large losses
Leverage risk, as the fund's use of derivatives can magnify losses
Compounding risk, where daily resets can lead to returns diverging from the target multiple over time
Counterparty risk related to the swap agreements and other derivatives

👤 Best For

This ETF is intended for experienced, sophisticated traders who understand the risks of leveraged and inverse products and are seeking short-term, tactical exposure to the MSTR stock. It is not suitable for long-term buy-and-hold investors.