SMCL
GraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETFGraniteShares$18.64+2.07 (+12.50%)Price Chart
Key Statistics
Previous Close
$16.57Day Range
52-Week Range
Avg Volume
600.6KDividend Yield
—Expense Ratio
1.50%AUM
$42.3MShares Outstanding
10.0MSector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 66.65% |
| Cash & Others | 33.35% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 66.65% |
| Other | 33.35% |
Fund Information
- Issuer
- GraniteShares
- Category
- Technology
- Inception Date
- Dec 12, 2024
- Exchange
- NASDAQ
- Description
- SMCL is a short-term tactical tool that aims to deliver 2x the price return, less fees and expenses, for a single day of SMCI stock. Purchasers holding shares for longer than a day need to monitor and frequently rebalance their position to attempt to achieve the 2x multiple. At the adviser's discretion, the fund may utilize standardized exchange-traded and FLEX call and put options with 1-week to 1-month terms. It may either buy deep in-the-money calls or use a synthetic forward options strategy. Aside from the leverage, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Similar ETFs
The GraniteShares ETF Trust - GraniteShares 2x Long SMCI Daily ETF (SMCL) is an exchange-traded fund issued by GraniteShares that launched on Dec 12, 2024. It currently manages $42.3M in assets under management. The fund charges an expense ratio of 1.50%. The fund holds 2 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | SMCI | SMCI | 66.65% | 3,059,039 | $119.8M |
| 2 | — | US Dollars | 33.35% | 59,935,396 | $59.9M |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +12.50% | |
| 1W | +1.22% | |
| 1M | -0.16% | |
| 3M | -55.90% | |
| 6M | +309.74% | |
| YTD | +276.34% | |
| 1Y | +44.84% | |
| 3Y | -22.52% | |
| 5Y | -22.52% |
Moving Averages
$17.32
Above 20-Day MA$13.69
Above 50-Day MA$19.10
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$140.45
Current Price
$18.64
52-Week Low
$1.43
Current Yield
—
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | SMCL | Technology(1660 ETFs) |
|---|---|---|
| Fund Info | ||
| Expense Ratio | 1.50% | 0.61% |
| AUM | $42.3M | $6.83B |
| Dividend Yield | — | 2.94% |
| Avg Volume | 600.6K | 432.5K |
| Holdings | 2 | 198 |
| Performance | ||
| 1-Month Return | — | -0.32% |
| 6-Month Return | — | +8.18% |
| YTD Return | — | +13.83% |
| 1-Year Return | — | +27.29% |
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