GraniteShares ETF Trust - GraniteShares 2x Long Tilray Daily ETF(AAPB)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 30 days
PROFIT SINCE LAST BUY
+7.65% ▲
LAST CLOSE
$47
10/23/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
  • ALL
  • 1Y
  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
  • Profit
  • Loss
  • PASS (Skip)
Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for AAPB

10/23/2026: AAPB (2-star) has a low Upturn Star Rating. Not recommended to BUY.

GraniteShares 2x Long Tilray Daily ETF (AAPB) is a leveraged product that seeks 200% of the daily performance of Tilray Brands, Inc. stock. Its primary strength lies in its ability to provide amplified intraday exposure to a volatile sector leader without the need for margin. The fund is designed specifically for tactical, short-term trading rather than long-term investment, as the mechanics of daily leverage cause significant performance decay over time. Key risks include intense single-stock sensitivity, regulatory volatility in the cannabis sector, and the eroding effect of management costs and compounding. It is best suited for experienced traders monitoring short-term price signals in the cannabis industry.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.

Investor Fit

Investor styleFitWhy
Growth investorWeak fitThis fund is designed for short-term tactical trading rather than long-term growth investing.
Momentum investorStrong fit while signal remains positiveMomentum traders may use this to amplify returns during strong upward price trends in Tilray.
Value investorWeak fitValue investors typically seek long-term fundamentals which are not the focus of this leveraged, high-risk product.
Dividend/Income investorWeak fitThe fund focuses on price appreciation through leverage and does not provide consistent income.
Low-risk investorWeak fitThe 2x daily leverage and exposure to a volatile single stock make this unsuitable for low-risk portfolios.

Investor Profile

Ideal Investor Profile

The ideal investor is an active, sophisticated trader with a high risk tolerance and a short-term time horizon.

Suitability

This fund is strictly for active traders who understand the risks of daily rebalancing and leverage; it is not suitable for long-term buy-and-hold investors.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighThe 2x leverage multiplier significantly amplifies daily price swings, increasing the potential for rapid loss.
Market riskHighThe fund is entirely dependent on the performance of a single company, exposing investors to company-specific risks.
ConcentrationHighHaving exposure to only one stock means the portfolio lacks the diversification benefits of broader funds.
Tracking/expenseMedium / highDaily rebalancing and derivative costs lead to performance decay over time, diverging from simple returns.
LiquidityMediumLiquidity can tighten during periods of extreme market stress or low interest in the underlying security.
Business/sector qualityHighThe cannabis sector is subject to intense regulatory and legal uncertainty, which impacts the underlying stock's value.

Risk Analysis

Volatility

AAPB exhibits extreme volatility due to its 2x leverage multiplier linked to a naturally volatile cannabis stock.

Market Risk

The fund is subject to significant idiosyncratic risk, as its performance is tied exclusively to the business success and stock price of Tilray Brands.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
Single stockTilray Brands, Inc. (TLRY) — seeks 2x daily return100The fund's primary value is derived from the daily price movement of Tilray stock amplified by a 200% leverage factor.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Choppy
PRICE STABILITY

Choppy

The stock has experienced frequent reversals and pronounced short-term price swings.

Analysis of Past Performance

Type ETF
Historic Profit 39.87%
Avg. Invested days 32
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
ETF Returns Performance Upturn Returns Performance icon 5.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 10/23/2026
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Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.