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AAPBGraniteShares 2x Long AAPL Daily ETF

Take a bet3y track recordRanked #388 of 949 in this goal

Seeks daily investment results of 2 times the daily percentage change of the common stock of Apple Inc.

By Graniteshares · Launched 2022

Annual Cost

1.15%

#5,459 of 5,861 · expensive

Fund Size

$18M

#4,521 of 5,861 · small

Return (1Y)Goal

+90.2%

Track Record

3 years

#2,677 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$19,092+90.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Strategy

Leveraged

What it actually holds

By weight

Asset allocation

Stocks
58.8%
Cash
41.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
52.6%High

Year-on-year price swings

Max drawdown
-58.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.49Below average
Sortino (3Y)
0.72Moderate downside risk

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 2 times the daily percentage change of the common stock of Apple Inc.
Strategy
Actively managed ETF aiming to replicate 200% of the daily performance of Apple Inc. through swaps and options. Investment exposure is concentrated in the computer industry, with daily rebalancing to achieve the target leverage.
Inception date
August 8, 2022
Fund family
Graniteshares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged single stock
Critical

Most of these lose money

These funds amplify one stock's daily move, then reset every day. More than half of them have lost money outright, and the daily reset plus financing costs drag roughly 9.5% a year off the return. The longer you hold, the more that compounding works against you.

Sources: Bessembinder, 'Leveraged Single-Stock ETFs' (SSRN 2025)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04