MRAL ETF — GraniteShares 2x Long MARA Daily ETF

GraniteShares 2x Long MARA Daily ETF (MRAL)

MRAL is an ETF that tracks the Marathon Digital Holdings (MARA). As of August 28, 2026, its expense ratio is 1.50%. Fund total return is -87.8% over the past 1.5 years, 54.4 points behind MARA at -33.4%.

GraniteShares 2x Long MARA Daily ETF is an actively managed fund that seeks to deliver twice the daily percentage gains or losses of Marathon Digital Holdings stock through swaps, options, and direct stock purchases, making it a non-diversified, leveraged instrument. The fund does not distribute income and carries an expense ratio of 1.50%. This ETF appeals to traders and tactical investors seeking amplified short-term exposure to Marathon Digital Holdings rather than buy-and-hold income investors.

MRAL performance versus MARA

Data as of August 28, 2026.

Fund total return is -87.8% over the past 1.5 years, 54.4 points behind MARA at -33.4%. Its deepest 1-year drawdown was 93.5%.

MRAL key facts

Data as of August 28, 2026.

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

03/06/2025

Expense ratio

1.50%

Distribution frequency

None

Last close

$34.46

AUM

$52,135,525

Average volume

187595.0

Beta

6.1422

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: Marathon Digital Holdings (MARA); 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.

MRAL risks and drawbacks

Total return has trailed MARA over the available window. The deepest 1-year drawdown on record here is 93.5%.

Who may consider MRAL — and who may not

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

Frequently asked questions

More funds from GraniteShares.