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Dividend Vision

AMZZ — GraniteShares 2x Long AMZN Daily ETF

GraniteShares 2x Long AMZN Daily ETF (AMZZ)

AMZZ pays a 0.00% distribution rate, on a 1.15% expense ratio. Total return is 44.2% over the past 2.4 years, 6.3 points behind AMZN at 50.5%. Its deepest 1-year drawdown was 42.0%.

AMZZ is a leveraged equity ETF that seeks daily investment results equal to 200% of Amazon's stock price movements, amplifying both gains and losses through a 2x leverage structure. The fund carries a 1.15% expense ratio and does not distribute dividends, making it unsuitable for income-focused portfolios. This product appeals primarily to active traders and tactical investors seeking short-term directional exposure to Amazon with magnified price movements, rather than long-term buy-and-hold or dividend-seeking investors.

AMZZ key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
03/15/2024
Expense ratio
1.15%
Distribution rate
0.00%
Last close
$36.03
AUM
$43,672,267
Average volume
52800.0
Beta
2.7982