The fund is an actively managed exchange traded fund that attempts to replicate the inverse (-100%) daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the Underlying Stock. The fund advisor aims to generate the inverse daily performance of the underlying stock for a single day. It is non-diversified.
Research context
GraniteShares 1x Short AMD Daily ETF appears in PyInvesting’s ETF catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- USD
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
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