GraniteShares 2x Long DELL Daily ETF (DLLL)

The GraniteShares 2x Long DELL Daily ETF (DLLL) is a leveraged single-stock fund sponsored by GraniteShares. It seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in the share price of Dell Technologies, the maker of personal computers, servers, storage systems and related IT infrastructure.

The fund obtains its exposure mainly through swap agreements and similar derivatives tied to Dell common stock, and it rebalances its exposure each trading day. Because the 2x objective applies to a single day only, returns over longer holding periods can differ significantly from twice the return of Dell shares, particularly when the stock is volatile. The product is designed as a short-term trading tool for gaining magnified exposure to one company.