GraniteShares 2x Long SpaceX Daily (SPAL)
SPAL price chart
SPAL fund facts
Returns and risk
Cost: expense ratio
We could not match an expense ratio for SPAL in the SEC prospectus data we read. Funds structured as trusts or notes, and very new funds, are often missing. We show nothing rather than a guess; the issuer's fact sheet has the figure.
Income: distributions
SPAL paid no distributions in the last 12 months. Its return comes from price change only.
SPAL top holdings
We have no holdings for SPAL. Holdings come from Form N-PORT filed with the SEC; grantor trusts, unit investment trusts and notes do not file it, and we do not guess a portfolio.
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What is SPAL?
SPAL is the GraniteShares 2x Long SpaceX Daily ETF, issued by GraniteShares, listed on BATS. By our rules it is classed as "Leveraged".
Does SPAL pay dividends?
No. We found no distributions for SPAL in the last 12 months.
Is SPAL leveraged?
By its name SPAL aims for 2x the daily return of its target. The multiple resets every day, so returns over weeks or months can differ a lot from the stated multiple, and losses can compound. Funds like this are designed for short holding periods.
Where the numbers come from
StocksXray is for education only and is not financial advice or a recommendation to buy or sell anything. Past performance does not guarantee future results; funds can lose value.