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Dividend Vision

QCML — GraniteShares 2x Long QCOM Daily ETF

GraniteShares 2x Long QCOM Daily ETF (QCML)

QCML pays a 0.00% distribution rate, on a 1.50% expense ratio. Total return is -40.2% over the past 1.5 years, 39.7 points behind QCOM at -0.5%. Its deepest 1-year drawdown was 68.8%.

QCML is a leveraged ETF that seeks daily investment results of 200% of the performance of Qualcomm (QCOM) stock, providing 2x exposure to a single semiconductor company through daily rebalancing. The fund carries a 1.50% expense ratio and does not pay distributions, making it a non-yielding product designed for trading rather than income generation. This ETF appeals primarily to active traders and speculators seeking amplified short-term gains or hedging positions in Qualcomm, rather than long-term dividend or income-focused investors.

QCML key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
02/12/2025
Expense ratio
1.50%
Distribution rate
0.00%
Last close
$15.28
AUM
$45,908,288
Average volume
408800.0
Beta
4.059