- ISIN
- US38747R5616
- CUSIP
- 38747R561
- Issuer
- GraniteShares
- Inception Date
- Feb 13, 2025
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- Dell Technologies Inc. (DELL)
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Assets Under Management
- $169M
Share Price Chart
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Performance
DLLL Performance Chart
GraniteShares 2x Long DELL Daily ETF (DLLL) is up 727.7% since the beginning of the year. DLLL is currently trading at $190 per share.
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Returns By Period
GraniteShares 2x Long DELL Daily ETF (DLLL) has returned 727.68% so far this year and 711.11% over the past 12 months.
GraniteShares 2x Long DELL Daily ETF
- 1D
- 4.40%
- 1M
- 81.72%
- YTD
- 727.68%
- 6M
- 718.40%
- 1Y
- 711.11%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
DLLL Monthly Returns History
Based on dividend-adjusted daily data since Feb 13, 2025, DLLL's average daily return is +0.93%, while the average monthly return is +23.51%. At this rate, an investment would double in approximately 0.3 years.
Historically, 53% of months were positive and 47% were negative. The best month was May 2026 with a return of +258.3%, while the worst month was Nov 2025 at -34.5%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.
On a daily basis, DLLL closed higher 52% of trading days. The best single day was May 29, 2026 with a return of +64.4%, while the worst single day was Apr 3, 2025 at -38.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -18.31% | 56.94% | 19.28% | 58.75% | 258.25% | -4.83% | 727.68% | ||||||
| 2025 | -15.19% | -23.31% | -8.19% | 44.48% | 19.21% | 16.61% | -17.55% | 32.22% | 27.97% | -34.47% | -12.20% | -3.72% |
Benchmark Metrics
GraniteShares 2x Long DELL Daily ETF has an annualized alpha of 441.94%, beta of 3.71, and R2 of 0.26 versus S&P 500 Index. Calculated based on daily prices since February 13, 2025.
- This ETF captured 2165.88% of S&P 500 Index gains but only 46.26% of its losses - a favorable profile for investors.
- R2 of 0.26 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 441.94%
- Beta
- 3.71
- R²
- 0.26
- Upside Capture
- 2,165.88%
- Downside Capture
- 46.26%
Expense Ratio
DLLL has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
DLLL ranks 95 for risk / return — in the top 95% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for GraniteShares 2x Long DELL Daily ETF (DLLL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DLLL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.45 | ||
| Sortino ratioReturn per unit of downside risk | +1.69 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.37 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 12.55 | 2.78 | +9.77 |
| Martin ratioReturn relative to average drawdown | 25.57 | 12.44 | +13.13 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares 2x Long DELL Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GraniteShares 2x Long DELL Daily ETF was 68.58%, occurring on Apr 4, 2025. Recovery took 77 trading sessions.
The current GraniteShares 2x Long DELL Daily ETF drawdown is 21.71%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -68.58%Apr 2025 | 1mo 13d | 3mo 25d | 5mo 8dFeb 2025 - Jul 2025 |
2026 bear market2026 | -57.19%Feb 2026 | 4mo 6d | 1mo 11d | 5mo 17dOct 2025 - Mar 2026 |
2026 bear market2026 | -38.44%Jun 2026 | 8d | — | 21d 12hJun 2026 - now |
2025 bear market2025 | -28.28%Sep 2025 | 20d | 29d | 1mo 19dAug 2025 - Oct 2025 |
2026 bear market2026 | -21.26%Mar 2026 | 4d | 14d | 18dMar 2026 - Apr 2026 |
Drawdown Indicators
| DLLL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.58% | -56.78% | -11.80% |
Max Drawdown (1Y)Largest decline over 1 year | -57.19% | -9.10% | -48.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -21.71% | -1.80% | -19.91% |
Average DrawdownAverage peak-to-trough decline | -25.88% | -10.71% | -15.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 28.02% | 2.03% | +25.99% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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