GraniteShares 2x Long CRWD Daily ETF (CRWL)

Overview

The GraniteShares 2x Long CRWD Daily ETF seeks to provide 2x the daily performance of CrowdStrike Holdings, Inc. (CRWD). It is a leveraged ETF designed for short-term, active trading strategies targeting the cybersecurity sector.

Reputation and Reliability

GraniteShares is known for offering a range of single-stock leveraged and inverse ETFs, often with competitive expense ratios. The issuer aims to provide access to leveraged and inverse exposures for sophisticated investors.

Management Expertise

Information on the specific management team's expertise for this particular ETF is not publicly detailed, but GraniteShares as a firm focuses on providing leveraged ETF products.

Goal

To deliver twice the daily return of CrowdStrike Holdings, Inc. (CRWD).

Investment Approach and Strategy

Strategy: This ETF does not track an index. Instead, it uses financial derivatives, such as swaps and futures, to gain leveraged exposure to the daily price movements of CrowdStrike.

Composition The ETF primarily holds derivative instruments designed to magnify the daily returns of CrowdStrike's stock. It does not hold a diversified basket of stocks or other traditional assets.

Market Share: Market share data for individual single-stock leveraged ETFs is not typically reported in a standardized way. Its market position is within the niche of leveraged single-stock ETFs.

Total Net Assets (AUM):

Key Competitors

• ProShares Ultra Cybersecurity ETF (CIBR)
• Direxion Daily Cybersecurity Bull 2X Shares (CUSB)

Competitive Landscape

The competitive landscape for leveraged cybersecurity ETFs is limited. While CIBR and CUSB offer broader cybersecurity sector exposure, SWOD focuses specifically on CRWD. This makes SWOD a highly specialized product with a more concentrated risk profile compared to broader sector ETFs.

Historical Performance: Historical performance data for leveraged ETFs is highly volatile and sensitive to daily rebalancing. Investors must consult real-time data and historical charts for specific periods. Due to the leveraged nature and daily rebalancing, long-term performance can significantly diverge from multiples of the underlying asset's performance.

Benchmark Comparison: This ETF does not have a direct benchmark index in the traditional sense. Its performance is measured against 2x the daily return of CrowdStrike Holdings, Inc. (CRWD).

Expense Ratio: 0.93

Average Trading Volume

Average daily trading volume for SWOD can vary significantly but is generally lower than broad market ETFs, indicating potentially moderate liquidity.

Bid-Ask Spread

The bid-ask spread for SWOD can be wider than highly liquid ETFs, especially during periods of high volatility, leading to higher trading costs.

Market Environment Factors

Factors influencing SWOD include the performance of CrowdStrike Holdings, Inc., broader market sentiment towards technology and cybersecurity stocks, interest rate movements, and investor demand for leveraged products.

Growth Trajectory

As a leveraged single-stock ETF, its growth trajectory is directly tied to the performance and volatility of CrowdStrike. Any changes in strategy would fundamentally alter its purpose, which is unlikely for this type of product.

Competitive Edge

The primary competitive advantage of SWOD is its specific focus on providing 2x daily leveraged exposure to CrowdStrike, a leading cybersecurity company. This allows active traders to express a strong, short-term bullish view on CRWD with a single instrument. Its competitive edge lies in its directness and leverage for this specific stock, catering to a niche, short-term trading strategy.

Volatility

The ETF is designed to be highly volatile, aiming for 2x the daily price movements of CRWD. This inherent leverage amplifies both gains and losses.

Market Risk

Market risk for SWOD is primarily driven by the volatility of CrowdStrike's stock price, cybersecurity sector sentiment, and macroeconomic factors impacting technology growth stocks. The leveraged nature of the ETF magnifies these risks.

Ideal Investor Profile

The ideal investor is an experienced, active trader who understands the risks of leveraged ETFs and has a strong conviction in the short-term direction of CrowdStrike Holdings, Inc.

Market Risk

SWOD is best suited for active, short-term traders and not for long-term investors or passive index followers due to its daily rebalancing and leveraged nature, which can lead to significant decay over longer holding periods.

The GraniteShares 2x Long CRWD Daily ETF (SWOD) offers aggressive 2x daily leveraged exposure to CrowdStrike Holdings, Inc. It is a highly specialized product designed for short-term trading, not long-term investment. Its performance is directly tied to CRWD's daily movements, amplified by leverage. Investors must be aware of its significant volatility and potential for rapid losses.

Data Sources:

• GraniteShares Official Website
• Financial Data Aggregators (e.g., Yahoo Finance, Bloomberg)
• SEC Filings

Disclaimers:

This JSON output is for informational purposes only and does not constitute investment advice. Leveraged and inverse ETFs are complex products that involve a high degree of risk and are suitable only for sophisticated investors who understand the potential for losses. Past performance is not indicative of future results. Investors should consult with a qualified financial advisor before making any investment decisions.