Investment Objective: GraniteShares 2x Long AMZN Daily ETF is an investment vehicle . It is currently trading at 33.53 USD.
Portfolio Composition:
The fund is heavily weighted towards
the Consumer Cyclical sector (67%),
the Cash & Others sector (33%)
and markets in
United States (67%),
Other (33%)
.
For a full breakdown of all holdings, see the "Weights" card above.
Income: This appears to be an accumulating fund (dividends are reinvested) or focuses purely on capital growth.
No, it does not currently pay a dividend.
GraniteShares 2x Long AMZN Daily ETF is classified as a ETF. You can compare it against its peer in the "Related Symbols" list.
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 financial instruments such as swaps and options on 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.
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