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Dividend Vision

RVNL — GraniteShares 2x Long RIVN Daily ETF

GraniteShares 2x Long RIVN Daily ETF (RVNL)

RVNL pays a 0.00% distribution rate, on a 1.15% expense ratio. Total return is 21.8% over the past 7.3 years, 178.0 points behind SPY at 199.8%. Its deepest 1-year drawdown was 72.9%.

GraniteShares 2x Long RIVN Daily ETF is a leveraged ETF that seeks to deliver twice the daily percentage change of Rivian Automotive stock through a combination of swaps, options, and direct stock purchases. The fund does not distribute income and carries an expense ratio of 1.15%. It is designed for traders seeking amplified exposure to Rivian's price movements on a daily basis, not for buy-and-hold investors seeking income.

RVNL key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Expense ratio
1.15%
Distribution rate
0.00%
Last close
$23.21
AUM
$11,912,621
Average volume
42600.0