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MRAL ETF — GraniteShares 2x Long MARA Daily ETF

GraniteShares 2x Long MARA Daily ETF (MRAL)

Updated October 16, 2026.

MRAL is an ETF linked to Marathon Digital Holdings (MARA). its expense ratio is 1.50%. Total return is -94.5% over the past 1.6 years, 41.5 points behind MARA at -53.0%.

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

MRAL holdings and sector exposure

Holdings are not available for this snapshot.

Economic / reference exposure: MARA (physical holdings below may be collateral and options, not the reference asset itself).

MRAL performance versus MARA

Price and return data through 2026-10-16.

Total return is -94.5% over the past 1.6 years, 41.5 points behind MARA at -53.0%. Over the past year its total return — price change plus distributions reinvested — is -94.3%. Its deepest 1-year drawdown was 94.5%.

WindowTotal returnCAGR
1M-56.9%—
3M-66.3%—
6M-72.3%—
YTD-66.3%—
1Y-94.3%—
Since inception (1.6 years)-94.5%-83.60%

MRAL key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
03/06/2025
Expense ratio
1.50%
Distribution frequency
None
Last close
$15.45 (as of 2026-10-16)
AUM
$34,458,310
Average volume
235829.0
Beta
6.1422

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

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 94.5%.

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 whose main goal is matching MARA total return. This is educational context, not a recommendation to buy or sell.

More on MRAL

Tagged: Leverage, Crypto.

Frequently asked questions

Does MRAL pay monthly?

No. MRAL does not currently distribute.

What is MRAL linked to?

MRAL is linked to Marathon Digital Holdings (MARA), not a broad market index.

What is MRAL's expense ratio?

MRAL's expense ratio is 1.50%.

When does MRAL pay a dividend?

MRAL does not currently distribute.

How has MRAL performed?

Total return is -94.5% over the past 1.6 years, 41.5 points behind MARA at -53.0%. Over the past year its total return — price change plus distributions reinvested — is -94.3%. Its deepest 1-year drawdown was 94.5%.

DividendVision analysis is generated from public SEC filing data and may not capture every change. Review the original filing for complete information.