Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in GraniteShares 2x Long MU Daily ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
GraniteShares 2x Long MU Daily ETF (MULL) has returned 18.59% so far this year and 734.80% over the past 12 months.
GraniteShares 2x Long MU Daily ETF
- 1D
- 9.98%
- 1M
- -37.16%
- YTD
- 18.59%
- 6M
- 194.62%
- 1Y
- 734.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Nov 12, 2024, MULL's average daily return is +0.79%, while the average monthly return is +16.93%. At this rate, your investment would double in approximately 0.4 years.
Historically, 59% of months were positive and 41% were negative. The best month was Jan 2026 with a return of +100.2%, while the worst month was Mar 2026 at -37.2%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 2 months.
On a daily basis, MULL closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +37.1%, while the worst single day was Dec 19, 2024 at -32.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 100.21% | -5.74% | -37.16% | 18.59% | |||||||||
| 2025 | 11.02% | 1.98% | -17.38% | -31.12% | 46.42% | 66.12% | -23.32% | 15.57% | 90.84% | 71.17% | 4.77% | 38.54% | 558.51% |
| 2024 | -12.81% | -31.31% | -40.10% |
Benchmark Metrics
GraniteShares 2x Long MU Daily ETF has an annualized alpha of 406.27%, beta of 4.55, and R² of 0.38 versus S&P 500 Index. Calculated based on daily prices since November 13, 2024.
- This ETF captured 6514.51% of S&P 500 Index gains and 340.63% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- R² of 0.38 means the benchmark explains less than half of this ETF's behavior — treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 406.27%
- Beta
- 4.55
- R²
- 0.38
- Upside Capture
- 6,514.51%
- Downside Capture
- 340.63%
Expense Ratio
MULL has a high expense ratio of 1.50%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MULL ranks 98 for risk / return — in the top 98% 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 MU Daily ETF (MULL) and compare them to a chosen benchmark (S&P 500 Index).
| MULL | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 5.72 | 0.90 | +4.82 |
Sortino ratioReturn per unit of downside risk | 3.60 | 1.39 | +2.21 |
Omega ratioGain probability vs. loss probability | 1.48 | 1.21 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 13.35 | 1.40 | +11.95 |
Martin ratioReturn relative to average drawdown | 37.78 | 6.61 | +31.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore MULL risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
GraniteShares 2x Long MU Daily ETF provided a 0.33% dividend yield over the last twelve months, with an annual payout of $0.35 per share.
| Period | TTM | 2025 |
|---|---|---|
| Dividend | $0.35 | $0.35 |
Dividend yield | 0.33% | 0.39% |
Monthly Dividends
The table displays the monthly dividend distributions for GraniteShares 2x Long MU Daily ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||||
| 2025 | $0.35 | $0.35 |
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.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares 2x Long MU 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 MU Daily ETF was 72.29%, occurring on Apr 4, 2025. Recovery took 107 trading sessions.
The current GraniteShares 2x Long MU Daily ETF drawdown is 48.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.29% | Dec 18, 2024 | 73 | Apr 4, 2025 | 107 | Sep 9, 2025 | 180 |
| -53.09% | Mar 19, 2026 | 8 | Mar 30, 2026 | — | — | — |
| -38.87% | Nov 11, 2025 | 8 | Nov 20, 2025 | 13 | Dec 10, 2025 | 21 |
| -32.76% | Feb 3, 2026 | 23 | Mar 6, 2026 | 7 | Mar 17, 2026 | 30 |
| -27.53% | Dec 11, 2025 | 5 | Dec 17, 2025 | 3 | Dec 22, 2025 | 8 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...