GraniteShares 2x Long MU Daily ETF(MULL)

upturn advisory logo
EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
3-STAR RATING
PASS
LAST CLOSE
$11.93
11/13/2026
(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 MULL

11/13/2026: MULL (3-star) is currently NOT-A-BUY. Pass it for now.

GraniteShares 2x Long MU Daily ETF (MULL) provides 200% daily leveraged exposure to Micron Technology stock using derivative contracts. Its main strength is enabling tactical, amplified directional bets on Micron without margin. The fund is intended for very short-term use; holding it longer than one day exposes investors to compounding decay, which can significantly alter returns. The most important risks include high concentration in a single volatile stock and potential for rapid capital loss during downturns. It is best suited for experienced active traders who closely monitor intraday price movements.

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 speculation, not long-term growth investing.
Momentum investorStrong fit while signal remains positiveIt allows momentum traders to capture intensified gains during confirmed uptrends in Micron stock.
Value investorWeak fitLeveraged daily products are not suitable for value-based fundamental investing.
Dividend/Income investorWeak fitThe fund is designed for capital movement, not for generating dividend or interest income.
Low-risk investorWeak fitThe high volatility and daily reset mechanism make this inappropriate for low-risk portfolios.

Investor Profile

Ideal Investor Profile

Sophisticated, active traders with a high risk tolerance and a short-term horizon.

Suitability

It is intended strictly for active traders who monitor their positions daily and is not suitable for buy-and-hold investors.

Risk Profile

Risk factorLevelWhy it matters
VolatilityHighThe 2x leverage multiplier significantly magnifies the daily price swings of the underlying asset.
Market riskHighThe fund is entirely exposed to the price performance of a single company.
ConcentrationHighHolding only one underlying stock creates extreme specific-issuer risk.
Tracking/expenseMedium / highDaily compounding leads to tracking error over holding periods longer than one day.
LiquidityMediumExecution costs can increase if trading volume in either the ETF or the underlying stock declines.
Business/sector qualityMedium / highThe semiconductor industry is notoriously cyclical and subject to intense competition.

Sector & Industry Intelligence

This fund is not assigned to one sector.

Risk Analysis

Volatility

MULL exhibits high volatility due to its 2x leverage multiplier, making it unsuitable for conservative portfolios.

Market Risk

Investors face significant risk because the fund is tied to the price of a single equity (MU), which is subject to company-specific news and industry cyclicality.

What the ETF Owns

Exposure TypeExposureWeight (%)Retail Investor Read
Single stockMicron Technology (MU) — seeks 2x daily return100The fund uses swap agreements to provide twice the daily price movement of Micron Technology stock.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Extreme Price Shocks
PRICE STABILITY

Extreme Price Shocks

The stock has experienced exceptionally large and disruptive price movements during the period.

Analysis of Past Performance

Type ETF
Historic Profit 131.2%
Avg. Invested days 19
Today’s Advisory PASS
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 11/13/2026
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.