AMZZ ETF — GraniteShares 2x Long AMZN Daily ETF

GraniteShares 2x Long AMZN Daily ETF (AMZZ)

AMZZ is an ETF that tracks the Amazon.com (AMZN). As of August 28, 2026, its expense ratio is 1.15%. Fund total return is 47.5% over the past 2.4 years, 5.2 points behind AMZN at 52.7%.

GraniteShares 2x Long AMZN Daily ETF is an actively managed fund that seeks to deliver twice the daily percentage movement of Amazon.com stock through swaps, options, and direct stock purchases, offering leveraged equity exposure to a single company. The fund does not distribute income and carries an expense ratio of 1.15%. This security appeals to traders and sophisticated investors seeking short-term leveraged plays on Amazon's stock price movements, though the daily rebalancing mechanism means it is not designed for buy-and-hold strategies.

AMZZ performance versus AMZN

Data as of August 28, 2026.

Fund total return is 47.5% over the past 2.4 years, 5.2 points behind AMZN at 52.7%. Its deepest 1-year drawdown was 42.0%.

AMZZ key facts

Data as of August 28, 2026.

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

03/15/2024

Expense ratio

1.15%

Distribution frequency

None

Last close

$36.83

AUM

$43,672,267

Average volume

273982.0

Beta

2.7982

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: GraniteShares; Index: Amazon.com (AMZN); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AMZZ risks and drawbacks

Total return has trailed AMZN over the available window. The deepest 1-year drawdown on record here is 42.0%.

Who may consider AMZZ — and who may not

It is a weaker fit for investors who need monthly cash flow (AMZZ does not currently distribute); investors hunting double-digit covered-call yields; investors whose main goal is matching AMZN total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from GraniteShares.