GraniteShares 2x Long GOOGL Daily ETF (GOU)

The GraniteShares 2x Long GOOGL Daily ETF (GOU) is a leveraged single-stock fund from GraniteShares. It seeks daily investment results equal to two times the daily percentage change in the Class A shares of Alphabet Inc., the parent company of Google.

The fund uses swap agreements to obtain its leveraged exposure and rebalances every day. Because of this daily reset, its performance over periods longer than one day can differ significantly from twice the return of Alphabet stock.

The ETF trades on Nasdaq and is intended for short-term use.