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Dividend Vision

NTAL ETF — GraniteShares 2x Long NTAP Daily ETF

GraniteShares 2x Long NTAP Daily ETF (NTAL)

Updated October 16, 2026.

NTAL is an ETF linked to NetApp (NTAP). its expense ratio is 1.50%. Total return is 26.3% over the past 0.3 years, 9.3 points ahead of NTAP at 17.0%.

This ETF seeks daily investment results of 200% of the daily performance of NetApp stock through leveraged financial instruments, making it designed for traders seeking amplified exposure to NetApp price movements on a short-term basis. The fund carries a 1.50% expense ratio and does not have an established distribution schedule. This product appeals primarily to active traders and investors with high risk tolerance seeking leveraged daily tracking rather than traditional buy-and-hold income or growth investors.

NTAL holdings and sector exposure

Holdings are not available for this snapshot.

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

NTAL performance versus NTAP

Price and return data through 2026-10-16.

Total return is 26.3% over the past 0.3 years, 9.3 points ahead of NTAP at 17.0%.

WindowTotal returnCAGR
1M10.7%—
3M47.3%—
YTD26.3%—
Since inception (0.3 years)26.3%—

NTAL key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
07/14/2026
Expense ratio
1.50%
Distribution frequency
Annual
Last close
$35.53 (as of 2026-10-16)
AUM
$1,947,342
Average volume
8500.0

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 or company page; Index: NetApp (NTAP); 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.

NTAL risks and drawbacks

Payments are annual, so cash flow is lumpy versus a monthly fund.

Who may consider NTAL — and who may not

It is a weaker fit for investors who need monthly cash flow (NTAL pays annual). This is educational context, not a recommendation to buy or sell.

More on NTAL

Tagged: Leverage, Single.

Frequently asked questions

Does NTAL pay monthly?

No. NTAL currently pays annual, not monthly.

What is NTAL linked to?

NTAL is linked to NetApp (NTAP), not a broad market index.

What is NTAL's expense ratio?

NTAL's expense ratio is 1.50%.

When does NTAL pay a dividend?

NTAL pays annual.

How has NTAL performed?

Total return is 26.3% over the past 0.3 years, 9.3 points ahead of NTAP at 17.0%.

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