ETF report · NASDAQ
GraniteShares 2x Long IONQ Daily ETF (IONL)
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IONL ETF chart
Fund facts
- Issuer
- GraniteShares
- Listed on
- NASDAQ
Key statistics
About IONL
The GraniteShares 2x Long IONQ Daily ETF is a single-stock leveraged fund from GraniteShares. It seeks daily investment results equal to two times (200%) the daily percentage change in the share price of IonQ, Inc., the quantum computing company known for its trapped-ion systems.
The fund achieves its exposure mainly through swap agreements referencing IonQ stock. Because the leverage resets each trading day, the stated objective applies to one day only, and over longer periods compounding can cause returns to diverge meaningfully from twice IonQ's performance. IONL is designed as a short-term trading tool.
Quotes may be delayed. Market data is provided for information only and is not investment advice; see our disclaimer.