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NVDL ETF Profile


Family: GraniteShares
Name: GraniteShares 2x Long NVDA Daily ETF
Inception Date: 13-Dec-2022
Termination Date:
Investment Objective: The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corporation (NASDAQ NVDA). The Fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 2 times the daily performance of the Underlying Stock for a single day. A "single day" is defined as being calculated "from the close of regular trading on one trading day to the close on the next trading day." NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments Graphics Processing Unit (GPU), Tegra Processor, and All Other. The GPU segment consists of product brands, including GeForce for gamers, Quadro for designers, Tesla and DGX for AI data scientists and big data researchers, and GRID for cloud-based visual computing users.
Prospectus
Top 10 Holdings
NVDA EQUITY SWAP 128.9102%
NVDA EQUITY SWAP 15 -47.5075%
NVDA EQUITY SWAP 2 35.5664%
BROKER SWEEP CR.BROKE -20.0204%
NVDA EQUITY SWAP 13 -14.7746%
NVDA EQUITY SWAP 1 9.3719%
NVDA EQUITY SWAP 19 9.1742%
NVDA EQUITY SWAP 14 -8.7904%
US Dollars 7.3202%
BROKER SWEEP NM.BROKE 5.2256%
Top 10 Holdings Weight: 104.5%
Number of Holdings: 25
Shares Outstanding: 123,210,139
Total Net Assets: 4,069,631,000
NAV: 33.03
Net Expense Ratio: 1.05%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Sector: Technology
Industry: Semiconductor
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Market Cap: Large Cap
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Leverage Direction/Factor: Leveraged (2x)
Is Currency Hedged: No
US or Ex-US: Domestic
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