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SPAL Stock Price, Chart, Stats & News
GraniteShares ETF Trust - GraniteShares 2x Long SpaceX Daily ETF
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GraniteShares ETF Trust - GraniteShares 2x Long SpaceX Daily ETF (SPAL) does not currently pay a dividend.
Trading--Leveraged Equity
Category
1.50%
Expense ratio
37.32M
Assets
SPAL chart
SPAL returns
| 1Y volatility | 0.00% |
| 3Y volatility | 0.00% |
| Sharpe ratio | 0.00 |
About
SPAL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of Space Exploration Technologies Corp, (NASDAQ: SPCX) stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 2x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification.
Top 10 SPAL holdings
| Holding | Ownership |
|---|---|
Industrials 66.71% |
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