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 financial instruments such as swaps and options the underlying stock as well as directly purchasing the underlying stock. The fund will aim to primarily obtain its notional exposure against the underlying stock through swap agreements. The fund is non-diversified.
Frequently asked questions
What is the GraniteShares 2x Long MSFT Daily ETF (MSFL) expense ratio?
The GraniteShares 2x Long MSFT Daily ETF funds expense ratio is 1.15%.
What is GraniteShares 2x Long MSFT Daily ETF (MSFL) current stock price?
As of the latest data, GraniteShares 2x Long MSFT Daily ETF stock price is $28.07, with a previous close of $27.36. GraniteShares 2x Long MSFT Daily ETF gained $0.71 in the last trading session, representing a 2.58% increase.
Does GraniteShares 2x Long MSFT Daily ETF (MSFL) pay dividends?
No. GraniteShares 2x Long MSFT Daily ETF does not pay a dividend.