DV
Dividend Vision

PDDL — GraniteShares 2x Long PDD Daily ETF

GraniteShares 2x Long PDD Daily ETF (PDDL)

PDDL pays a 1.29% distribution rate, on a 1.50% expense ratio. Its Distribution Safety Score™ is 40 (Caution). Total return is -49.9% over the past 1.1 years, 30.6 points behind PDD at -19.3%. Its deepest 1-year drawdown was 76.1%.

This ETF is actively managed to replicate twice the daily percentage change of PDD Holdings stock through the use of swaps, options, and direct stock purchases, making it a leveraged equity fund with no diversification. It has a modest distribution rate and carries an expense ratio of 1.50%. The fund appeals to traders and active investors seeking amplified daily exposure to PDD Holdings rather than buy-and-hold income investors.

PDDL key facts

Distribution Safety Score™
40 · Caution
Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
07/14/2025
Expense ratio
1.50%
Distribution rate
1.29%
Trailing yield
0.72%
Last close
$13.12
AUM
$10,184,123
Average volume
10800.0
Last dividend
$0.0940
Ex-dividend date
12/29/2025
Payment date
12/31/2025