SPAL — GraniteShares 2x Long SpaceX Daily ETF
GraniteShares 2x Long SpaceX Daily ETF (SPAL)
SPAL carries a 1.50% expense ratio. Total return is -56.4% over the past 0.2 years, 59.5 points behind SPY at 3.1%.
SPAL is a leveraged equity ETF that seeks to deliver twice the daily performance of SpaceX through the use of derivative instruments and financial leverage. The fund carries a 1.50% expense ratio and does not make periodic dividend distributions, making it unsuitable for income-focused investors. This product is designed for experienced traders seeking short-term directional exposure to SpaceX rather than long-term buy-and-hold investors, as leverage amplifies both gains and losses on a daily basis.
SPAL key facts
- Issuer
- GraniteShares
- Asset type
- ETF
- Asset class
- Equity
- Inception date
- 06/12/2026
- Expense ratio
- 1.50%
- Last close
- $15.17
- AUM
- $24,619,761
- Average volume
- 1989700.0
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