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EQLT

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

Analysis and statistics

  • Open
    27.317$
  • Previous Close
    27.6198$
  • 52 Week Change
    --
  • Day Range
    -0.30$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

EQLT.US is the ticker symbol for the GraniteShares 1.5x Long Coinbase Daily ETF. This ETF aims to provide 1.5 times the daily performance of Coinbase stock (COIN). It is a leveraged ETF, meaning it uses financial derivatives and debt to amplify the returns of the underlying asset, Coinbase shares. However, it's important to note that leveraged ETFs are designed for short-term trading and are not suitable for long-term investment due to the effects of compounding and volatility.
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Factors

Expense Ratio: Higher fees can slightly lower returns.

Index Tracking: How well it mirrors the Solactive US Large Cap Equal Weight Index impacts value.

Supply and Demand: Trading activity influences price deviations.

Market Sentiment: Overall investor optimism or pessimism affects performance.

Constituent Stock Prices: Fluctuations in holdings' values directly translate to changes.

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