Skip to content
etf.net

Launched

GraniteShares 2x Long AMZN Daily ETF

AMZZNasdaqBThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$34.18−0.23 (−0.65%)

At close: Oct 13, 2026, 4:00 PM

B56/ 100

Rank 60 of 380 in Single-Stock Long Leveraged

B56/100Rank 60 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 34.40 to 34.18. Range 34.13 to 35.17. Use the arrow keys to read each point.34.6034.8035.0035.2010 AM12 PM2 PM4 PM
Expense ratio
1.21%
Fund size
$54M
1Y total return
+20.0%
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
0.1M sh
NAV per share
$34.41
52W range
low $22.21high $43.11
Launched

The ETF.net AMZZ Grade

Based on 5 of 6 pillars

B

Score 56 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
60 of 380
Six-pillar profile for AMZZ. Scores out of 100: Cost 40, Risk 60, Mission 84, Tradability 81, Holdings not scored, Durability 78. Strongest: Mission (84). Weakest: Cost (40). Based on 5 of 6 pillars.

Score 56 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C40 out of 100
    Rank 227 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A84 out of 100
    Rank 112 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 113 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A81 out of 100
    Rank 40 of 380

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A78 out of 100
    Rank 25 of 380

Our read on AMZZ

ETF.net Research

BTwo times Amazon's daily move, reset every day. A short-leash trading tool for AMZN conviction, not a buy-and-hold stand-in for the stock itself.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to two times the daily percentage change in Amazon's common stock.

Why people hold it

  1. 01Does the one job it advertises: aims for two times AMZN's daily percentage change, and it has tracked that target closely for a geared single-stock fund.
  2. 02Built as a 1940 Act ETF, so the leverage arrives in an ordinary brokerage account: no margin agreement, no options chain, no loss beyond what you put in.
  3. 03Live since 2024 and reads as one of the stronger implementations in a bull-side single-stock leveraged group running past 200 funds, on both risk profile and staying power.

Worth knowing

  1. 01The leverage resets daily. Hold for weeks and compounding, not 2x the period move, drives the result, and sideways chop is what grinds hardest.
  2. 02Fee runs 1.21% a year, above the typical 2x single-stock fund. Peers like AAPU (0.96%) and AMDG (0.75%) charge less for the same daily-reset mechanics.
  3. 03One ticker, one story: every Amazon headline lands doubled, with no diversification cushion. Income is not part of the design.

AMZZ Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
AMZN66.7%

Sectors

  • Consumer Discretionary100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AMZNAmzn66.67%413,554$107M736
002—US Dollars33.33%53,668,010$54M85

Showing 1–2 of 2 holdings

AMZZ Performance

Launched Mar 4, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
AMZZ$11,999
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. AMZZ $11,999. SPY $12,044. Use the arrow keys to read each point.$7,323$11,308$15,293Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AMZZ. Periods over one year show the average yearly return.
PeriodAMZZ
Year to date+9.3%
1 month+0.8%
3 months+5.8%
1 year+20.0%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AMZZ
YearReturn barAMZZ
2026 YTD+9.3%
2025−8.9%
2024+38.4%

History from Mar 18, 2024

AMZZ in the news

Filtered to AMZZ · Single-Stock Long Leveraged

AMZZ Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

AMZZ Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
62.9%
Annualised · 30 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.33
vs 3-month T-bills · 30 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−55.3%
30 months · trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
3.29
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AMZZ Cost

Expense ratio1.21%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

228 of the 333 Single-Stock Long Leveraged funds charge less.

AMZZ costs $121.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

Other funds in Single-Stock Long Leveraged

See others