GraniteShares 2x Long P Daily ETF (PUL) Price & Chart

GraniteShares 2x Long P Daily ETF

GraniteShares 2x Long P Daily ETF (PUL) is a leveraged, sector-focused exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change of the common stock of Everpure, Inc. (NYSE: P). Categorized in Information Technology and concentrated in the Technology Hardware, Storage & Peripheral niche, PUL delivers amplified exposure to the price moves of a single technology-hardware company rather than a broad index or diversified basket. The fund uses financial derivatives and leverage to target twice the daily performance of the reference stock and resets its exposure each trading day, which makes it a tactical tool for traders pursuing short-term directional bets or intraday strategies. Because returns compound daily, PUL’s performance over periods longer than one day can differ materially from two times the cumulative return of the underlying share—especially in volatile markets—introducing path dependency and potential volatility drag. Investors should be aware of the heightened risk profile: amplified gains and losses, concentration risk tied to one company and its sector-specific headwinds (product cycles, supply-chain disruption, regulatory or competitive pressures), and the effect of fees and financing costs on net returns. PUL is generally intended for experienced, active investors who monitor positions closely; prospective buyers should review the fund prospectus for details on strategy, derivatives use, fees, and risks before investing.