GraniteShares 2x Long AAPL Daily ETF (AAPB)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
39.18 USD
-0.15
(-0.393%) ⇩
(Aug. 27, 2026, 4 p.m.
EDT)
After hours: 39.18 +0.00 (0.011%) ⇧ (Aug. 27, 2026, 7:14 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 1:31 a.m. EDT
This leveraged ETF is currently trapped in a structural decline, making it a poor vehicle for long-term capital preservation. Over the last three years, the asset has lost nearly 5% of its value, driven by a sharp 13.8% drop last year following a 14.4% gain the prior year. This volatility decay, compounded by the inherent drag of daily rebalancing on a leveraged product, has eroded the principal significantly. The recent price action shows weakness, trading below the 50-day moving average while the 200-day line remains a distant floor, indicating a lack of immediate upward momentum. Furthermore, the options market confirms this pessimism, with traders accumulating substantial put open interest at strikes above the current price, signaling a fear of further downside rather than a bet on a rally. The dividend history is erratic and insufficient to offset these losses, appearing more like a distribution of remaining capital than sustainable income. For a leveraged product, the combination of negative multi-year performance and heavy put positioning suggests the market expects continued underperformance. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.084980 |
| AutoETS | 0.084981 |
| AutoTheta | 0.085136 |
| MSTL | 0.086742 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 0.61 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.671 |
| Excess Kurtosis | -0.65 |
As of Aug. 22, 2026, 1:31 a.m. EDT: Speculators are heavily positioned for downside protection with significant open interest in out-of-the-money puts (strikes 39.0 and 43.0) compared to calls. While there is some volume in near-term calls, the overwhelming open interest concentration in puts suggests a bearish bias or hedging against further declines in the underlying tech sector.
| 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 | 47.629 |
| All Time Low | 14.25 |
| Ask | 48.24 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 41,790 |
| Average Daily Volume3 Month | 66,742 |
| Average Volume | 66,742 |
| Average Volume10Days | 41,790 |
| Beta3 Year | 1.72 |
| Bid | 27.22 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 39.3 |
| Day Low | 38.52 |
| 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 | 39.01766 |
| Fifty Day Average Change | 0.15793991 |
| Fifty Day Average Change Percent | 0.0040479084 |
| Fifty Two Week Change Percent | 55.275463 |
| Fifty Two Week High | 47.629 |
| Fifty Two Week High Change | -8.453403 |
| Fifty Two Week High Change Percent | -0.17748438 |
| Fifty Two Week Low | 23.81 |
| Fifty Two Week Low Change | 15.365599 |
| Fifty Two Week Low Change Percent | 0.64534223 |
| Fifty Two Week Range | 23.81 - 47.629 |
| First Trade Date Milliseconds | 1,660,138,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.154404 |
| Fullday Change Percent | -0.392585 |
| Fullday Price | 39.18 |
| 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 | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1780713212 |
| Nav Price | 38.88 |
| Net Assets | 17,081,724.0 |
| Net Expense Ratio | 1.15 |
| Open | 38.52 |
| Post Market Change | 0.0044021606 |
| Post Market Change Percent | 0.011236996 |
| Post Market Price | 39.18 |
| Post Market Time | 1,787,872,493 |
| Previous Close | 39.33 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.15440369 |
| Regular Market Change Percent | -0.392585 |
| Regular Market Day High | 39.3 |
| Regular Market Day Low | 38.52 |
| Regular Market Day Range | 38.52 - 39.3 |
| Regular Market Open | 38.52 |
| Regular Market Previous Close | 39.33 |
| Regular Market Price | 39.1756 |
| Regular Market Time | 1,787,860,800 |
| Regular Market Volume | 11,953 |
| Short Name | GraniteShares 2x Long AAPL Dail |
| Source Interval | 15 |
| Symbol | AAPB |
| Three Year Average Return | 0.24510309 |
| Total Assets | 17,081,724 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 23.89034 |
| Trailing Three Month Returns | 23.89034 |
| Triggerable | 1 |
| Two Hundred Day Average | 33.72992 |
| Two Hundred Day Average Change | 5.4456787 |
| Two Hundred Day Average Change Percent | 0.1614495 |
| Type Disp | ETF |
| Volume | 11,953 |
| Yield | 0.0 |
| Ytd Return | 18.66208 |