GraniteShares 2x Long AAPL Daily ETF (AAPB)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
40.69 USD
+0.68
(1.698%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 40.69 +0.00 (0.001%) ⇧ (July 13, 2026, 7:06 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 2:53 a.m. EDT
This leveraged ETF is currently trapped in a severe structural decline, having lost nearly 24% of its value over the last two years despite the underlying Apple stock posting gains. The most alarming signal is the single year of -28% performance, which confirms a broken trend rather than a temporary correction. While the recent price action shows a brief bounce off the lows, the momentum remains critically weak, and the statistical forecast offers no directional guidance. The options market reinforces this pessimism, with traders aggressively buying cheap downside protection while avoiding expensive calls. The dividend history is erratic and insufficient to offset the capital destruction. For a leveraged product, this is a clear warning sign: the compounding drag of volatility decay has permanently eroded the vehicle's ability to track its benchmark, making it a poor candidate for both short-term speculation and long-term holding. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.143507 |
| AutoTheta | 0.146968 |
| AutoETS | 0.148638 |
| AutoARIMA | 0.148640 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 43% |
| H-stat | 0.98 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.534 |
| Excess Kurtosis | -0.41 |
As of July 11, 2026, 2:53 a.m. EDT: Speculators are positioning defensively with heavy out-of-the-money put open interest relative to calls, creating a skewed IV environment where downside protection is cheap while upside leverage is expensive. The massive IV spike on deep OTM puts suggests fear of a sharp drop, while the lack of significant call volume indicates a lack of conviction in a near-term rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 4.34% | 4.34% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2025-12-29 | 1.409 | 4.340459 |
| 2023-12-27 | 4.306 | 18.608471 |
| Attribute | Value |
|---|---|
| All Time High | 41.38 |
| All Time Low | 14.25 |
| Ask | 51.99 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 60,970 |
| Average Daily Volume3 Month | 82,586 |
| Average Volume | 82,586 |
| Average Volume10Days | 60,970 |
| Beta3 Year | 1.75 |
| Bid | 29.79 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 41.9734 |
| Day Low | 40.37 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 36.51134 |
| Fifty Day Average Change | 4.1780586 |
| Fifty Day Average Change Percent | 0.114431806 |
| Fifty Two Week Change Percent | 93.34299 |
| Fifty Two Week High | 41.9734 |
| Fifty Two Week High Change | -1.2840004 |
| Fifty Two Week High Change Percent | -0.030590812 |
| Fifty Two Week Low | 19.23 |
| Fifty Two Week Low Change | 21.4594 |
| Fifty Two Week Low Change Percent | 1.1159334 |
| Fifty Two Week Range | 19.23 - 41.9734 |
| First Trade Date Milliseconds | 1,660,138,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Graniteshares |
| Fund Inception Date | 1,659,916,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. The fund will aim to primarily obtain its notional exposure against the underlying stock through swap agreements. It is non-diversified. |
| Long Name | GraniteShares 2x Long AAPL Daily ETF |
| Market | us_market |
| Market State | POSTPOST |
| Max Age | 86,400 |
| Message Board Id | finmb_1780713212 |
| Nav Price | 40.39 |
| Net Assets | 18,340,332.0 |
| Net Expense Ratio | 1.15 |
| Open | 40.5 |
| Post Market Change | 0.00059890747 |
| Post Market Change Percent | 0.0014719005 |
| Post Market Price | 40.69 |
| Post Market Time | 1,783,983,966 |
| Previous Close | 40.01 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.6794014 |
| Regular Market Change Percent | 1.698079 |
| Regular Market Day High | 41.9734 |
| Regular Market Day Low | 40.37 |
| Regular Market Day Range | 40.37 - 41.9734 |
| Regular Market Open | 40.5 |
| Regular Market Previous Close | 40.01 |
| Regular Market Price | 40.6894 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 42,973 |
| Short Name | GraniteShares 2x Long AAPL Dail |
| Source Interval | 15 |
| Symbol | AAPB |
| Three Year Average Return | 0.2064422 |
| Total Assets | 18,340,332 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 25.45253 |
| Trailing Three Month Returns | 25.45253 |
| Triggerable | 1 |
| Two Hundred Day Average | 32.14457 |
| Two Hundred Day Average Change | 8.54483 |
| Two Hundred Day Average Change Percent | 0.265825 |
| Type Disp | ETF |
| Volume | 42,973 |
| Yield | 0.0 |
| Ytd Return | 6.15817 |