MULL ETF — GraniteShares 2x Long MU Daily ETF

GraniteShares 2x Long MU Daily ETF (MULL)

Updated October 16, 2026.

MULL is an ETF linked to Micron Technology (MU). its trailing-12-month yield is 0.08%, its expense ratio is 1.50%. Dividend Vision Distribution Safety Score™ is 50/100 (Unproven). Total return is 1762.4% over the past 1.9 years, 1013.7 points ahead of MU at 748.7%.

GraniteShares 2x Long MU Daily ETF is a leveraged ETF that seeks to deliver twice the daily percentage change of Micron Technology stock through swaps, options, and direct stock purchases; it is non-diversified and designed for active trading rather than long-term holding. The fund does not currently distribute regular income, though it made a special one-time distribution recently that should not be expected to recur; it carries an expense ratio of 1.50%. This fund appeals to experienced traders seeking leveraged daily exposure to Micron Technology, not to income investors or buy-and-hold investors.

MULL performance versus MU

Price and return data through 2026-10-16.

Total return is 1762.4% over the past 1.9 years, 1013.7 points ahead of MU at 748.7%. Over the past year its total return — price change plus distributions reinvested — is 726.3%. Its deepest 1-year drawdown was 68.2%.

MULL key facts

Distribution Safety Score™

50 · Unproven

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

11/11/2024

Expense ratio

1.50%

Distribution frequency

Variable

Trailing yield

0.08%

Last close

$16.94 (as of 2026-10-16)

AUM

$857,115,204

Average volume

4120847.0

Dividend

$0.01388

Ex-dividend date

12/29/2025

Payment date

12/31/2025

Beta

6.3133

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 (0.08%) 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: Micron Technology (MU); 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.

MULL risks and drawbacks

The deepest 1-year drawdown on record here is 68.2%.

More on MULL

• All tickers starting with M

Tagged: Leverage.

Frequently asked questions

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