PUL ETF — GraniteShares 2x Long P Daily ETF

GraniteShares 2x Long P Daily ETF (PUL)

Updated October 16, 2026.

PUL is an ETF. its expense ratio is 1.50%. Total return is 111.2% over the past 0.3 years, 108.9 points ahead of SPY at 2.3%.

GraniteShares 2x Long P Daily ETF is an actively managed fund that seeks to replicate twice the daily percentage change of an underlying stock through leveraged financial instruments including swaps, options, and direct stock purchases, with a non-diversified portfolio. The fund carries a 1.50% expense ratio and does not have an established distribution schedule. This fund is designed for traders seeking amplified daily price movement exposure rather than buy-and-hold income investors, and the leverage structure makes it suitable only for experienced investors who understand the risks of daily reset mechanics and potential decay over longer holding periods.

PUL performance versus SPY

Price and return data through 2026-10-16.

Total return is 111.2% over the past 0.3 years, 108.9 points ahead of SPY at 2.3%.

PUL key facts

Issuer

GraniteShares

Asset type

ETF

Asset class

Equity

Inception date

07/07/2026

Expense ratio

1.50%

Distribution frequency

None

Last close

$53.29 (as of 2026-10-16)

AUM

$2,099,810

Average volume

3434.0

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; 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.

Who may consider PUL — and who may not

It is a weaker fit for investors who need monthly cash flow (PUL does not currently distribute). This is educational context, not a recommendation to buy or sell.

More on PUL

• All tickers starting with P

Tagged: Leverage.

Frequently asked questions

More securities from GraniteShares.