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DRUP

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1d
1w
1m

Analysis and statistics

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About

DRUP.US refers to the GraniteShares 1.75x Long DraftKings Daily ETF. This ETF is designed to provide 1.75 times the daily percentage change of the common stock of DraftKings Inc. (DKNG). It is important to note that due to the leveraged nature of the fund, it is intended for sophisticated investors who understand the risks associated with daily leveraged investments. DRUP is not a buy-and-hold investment and should be monitored frequently due to the potential for significant volatility and compounding effects which can deviate substantially from the performance of DraftKings stock over longer periods. Investors should carefully consider their investment objectives, risk tolerance, and understanding of leveraged ETFs before investing in DRUP.
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Factors

Underlying Holdings: DRUP.US price reflects the performance of its underlying holdings, primarily US-listed depository receipts.

Currency Fluctuations: Changes in foreign exchange rates between the US dollar and currencies of the underlying companies impact the ETF's value.

Market Sentiment: Overall investor sentiment towards depository receipts and the specific industries they represent affects demand and price.

Supply and Demand: General supply and demand dynamics for DRUP.US shares on the exchange influence its market price.

Economic Conditions: US and global economic conditions impact the performance of the underlying companies and thus DRUP.US.

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