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AAPD

$--
--%
1d
1w
1m

Analysis and statistics

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  • Dividend Per Share
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About

The ETF with the ticker symbol AAPD.US refers to the GraniteShares 1.5x Long AAPL Daily ETF. This ETF aims to provide investors with 1.5 times the daily investment results of the common stock of Apple (AAPL). It is designed for sophisticated investors seeking leveraged exposure to Apple stock and should not be considered a long-term investment vehicle due to the effects of compounding on daily returns. Performance over periods longer than one day can differ significantly from the stated multiple of the underlying stock's return.
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Factors

[Underlying Index Performance]: AAPD's price mirrors the performance of the index it tracks. Positive index movement generally leads to AAPD price increase, and vice versa.

[Expense Ratio and Fund Management]: Higher expense ratios can slightly detract from returns, affecting the ETF's price over time. Fund management effectiveness also plays a role.

[Supply and Demand]: Like any security, AAPD's price is influenced by buying and selling pressure. High demand increases price; high selling pressure decreases price.

[Market Sentiment]: Overall investor optimism or pessimism towards the market sector AAPD represents can impact its price.

[Economic Conditions]: Broad economic factors like interest rates, inflation, and economic growth can affect the companies held within AAPD and thus the ETF's price.

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