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GraniteShares 2x Long SMCI Daily ETF (SMCL): ETF

ETF traded on XNAS under symbol SMCL. Quoted in usd.

GraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETF logo

GraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETF

+12.34%$8.56
XNAS:SMCLEquity
AUM $24.62M·YTD --·Yield --
GraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETF logoXNAS:SMCL$8.56+12.34%
About SMCL

SMCL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of SMCI stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

Largest holdings

  1. SMCI SMCI66.68%
  2. US Dollars33.32%
Full holdings, sectors and countries
Dividend History
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Total Invested
$70,000
Final Portfolio
$102,805
Total Return
+$32,805
(+46.9%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$24.62M
NAV$7.64
Premium/Discount+12.04%
Expense Ratio1.58%
Market Cap$44.93M
Shares Outstanding2.55M
Inception DateDec. 12, 2024
Fund Details
IssuerGraniteShares
Asset ClassEquity
Beta8.41
SectorFinancial Services
DomicileUS
52-Week Range
$6.86$70.20
Current: $8.56
Volume
Volume965.11K
Avg Volume791.49K
Vol/Avg1.22x

30d

783.85K

60d

667.50K

90d

745.38K

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