Key stats
About GraniteShares 2x Short MSTR Daily ETF
Home page
Inception date
Jun 9, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
GraniteShares Advisors LLC
Distributor
ALPS Distributors, Inc.
MSDD is a short-term tactical tool that aims to deliver -2x the price return, less fees and expenses, for a single day of MicroStrategy stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the -2x multiple. Aside from the inverse exposure, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending, and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MSDD assets under management is 674.12 K USD. It's fallen 10.53% over the last month.
MSDD fund flows account for 0.00 USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MSDD doesn't pay dividends to its holders.
MSDD shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Jun 9, 2025, and its management style is Active.
MSDD expense ratio is 1.50% meaning you'd have to pay 1.50% of your investment to help manage the fund.
MSDD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MSDD invests in cash.
MSDD trades at a premium (0.59%) meaning the ETF is trading at a higher price than the calculated NAV.