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UBRLGraniteShares 2x Long UBER Daily ETF

Take a bet1y track recordRanked #456 of 949 in this goal

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

By Graniteshares · Launched 2024

Annual Cost

1.15%

#5,460 of 5,861 · expensive

Fund Size

$21M

#4,433 of 5,861 · small

Return (1Y)Goal

-46.8%

Track Record

1 year

#3,682 of 5,861 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$5,289-47.1%

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

Cash
83.9%
Other
16.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
68.2%High

Year-on-year price swings

Max drawdown
-62.8%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results of 2 times the daily percentage change of Uber common stock.
Strategy
Actively managed ETF aiming to replicate 2 times the daily percentage change of Uber's common stock using swaps and options. Investment exposure is concentrated in the business services industry, targeting 200% of daily performance.
Inception date
September 4, 2024
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