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SNK — GraniteShares 2x Short SpaceX Daily ETF

GraniteShares 2x Short SpaceX Daily ETF (SNK)

SNK carries a 2.20% expense ratio. Total return is 18.7% over the past 0.2 years, 15.6 points ahead of SPY at 3.1%.

SNK is a leveraged inverse equity ETF that aims to deliver twice the daily inverse performance of SpaceX, using financial derivatives to amplify bearish exposure to the company. The fund charges a 2.20% expense ratio and does not provide dividend distributions, as it is designed for short-term tactical trading rather than income generation. This product appeals primarily to experienced traders seeking to profit from near-term declines in SpaceX's stock price, though the daily rebalancing mechanism means it is not suitable for buy-and-hold strategies.

SNK key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
06/12/2026
Expense ratio
2.20%
Last close
$18.10
AUM
$65,625,053
Average volume
2716600.0