GraniteShares 2x Long UBER Daily ETF (UBRL)

The GraniteShares 2x Long UBER Daily ETF is a leveraged single-stock fund from GraniteShares. It seeks daily investment results equal to two times (200%) the daily performance of the common stock of Uber Technologies, Inc. (UBER), the global ride-hailing, food delivery and freight platform.

The fund achieves its leverage primarily through swap agreements. Its 2x objective applies to a single trading day, and because exposure resets daily, compounding can cause longer-term returns to differ substantially from twice the return of Uber stock.

The fund is intended for short-term traders seeking amplified bullish exposure to one company.