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GraniteShares 2x Long AMD Daily ETF (AMDL) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Fri, Feb 14
Price6.46
Volume14m
Avg Vol11m
RSf0.3
$Vol(21d)100m
52 wk High24.80
52 wk Low5.71
Yield(ttm)0.00%
Inception:Mar 2024
Total Returns:
1 day2.1%
5 day10.1%
1 month-13.5%
3 month-42.2%
6 month-44.5%
9 month-57.2%
1 year0.0%
 
Compare Funds:
Correlated Group: n/c (View cGroup) (All Groups)



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Correlated Funds

Most Directly Correlated
Direxion Daily Semiconductor Bull 3x SharesSOXL0.72  
iShares PHLX SOX Semiconductor FundSOXX0.72  
SPDR NYSE Technology ETFXNTK0.71  
Invesco PHLX Semiconductor ETFSOXQ0.70  
First Tr NASDAQ-100 TechQTEC0.70  
MicroSectors FANG Innovation 3X ETNBULZ0.69  
Invesco S&P 500 High Beta ETFSPHB0.69  
Invesco S&P Equal Weight Technology ETFRSPT0.68  
Direxion Daily S&P500 High Beta Bull 3XHIBL0.68  
First Trust Nasdaq Semiconductor ETFFTXL0.67  
Least Correlated
Fidelity MSCI Consumer StaplesFSTA0.00  
SPDR Portfolio Long Term TreasurySPTL0.00  
Dimensional Natl Muni BondDFNM0.00  
iShares Barclays CMBS Bond ETFCMBS0.00  
USCF SummerHaven Dyn Cmdty Stgy ETFSDCI0.00  
Janus Short Duration Income ETFVNLA0.00  
ETFMG Alternative Harvest ETFMJ0.00  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV-0.00  
Schwab Long-Term US Treasury ETFSCHQ-0.00  
PIMCO Enhcd Short Maturity Active ETFMINT-0.00  
Most Inversely Correlated
Proshares UltraShort S&P500SDS-0.57  
ProShares Short S&P 500SH-0.58  
Direxion S&P 500 Bear 3X SharesSPXS-0.58  
ProShares UltraPro Short S&P 500SPXU-0.58  
ProShares UltraPro Short QQQSQQQ-0.64  
Direxion Technology Bear 3X SharesTECS-0.64  
ProShares Short QQQPSQ-0.64  
Proshares UltraShort QQQQID-0.64  
Direxion Daily S&P500 Hig Beta Bear 3xHIBS-0.68  
Direxion Daily Semiconductor Bear 3x SharesSOXS-0.72  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2025-02-14.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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