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GOU

GradeBNASDAQ Global Market

GraniteShares 2x Long GOOG Daily ETF

Leveraged · Single-Stock Leveraged · GraniteShares · Inception 2025-12-02 · SEC filings

This 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.

$24.60−1.73 (−6.56%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Dec 2, 2025.History starts Dec 2, 2025.
Intraday session: down, 59 prints from 26.33 to 24.60. Range 24.30 to 26.07. Use the arrow keys to read each point.$25.00$25.50$26.0010 AM12 PM2 PM4 PM
Expense ratio
1.18%
Fund size
$14M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0.1M sh
NAV per share
$26.90
52W range
low $17.77high $38.51

The ETF.net GOU Grade

B

59/ 100

Rank 43 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for GOU. Scores out of 100: Cost 40, Risk 79, Mission 97, Tradability 75, Holdings not scored, Durability 63. Strongest: Mission (97). Weakest: Cost (40). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 59 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 40
    Category rank227/380 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 97
    Category rank27/147 · top 18%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    AScore 79
    Category rank24/285 · top 8%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank62/380 · top 16%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 63
    Category rank112/380 · top 29%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GOU

ETF.net Research

BA 2025 arrival in the 2x Alphabet trade: one ticker aiming for twice the daily percentage move of Alphabet Class A, no margin account required. It hits that daily mark tightly, but you pay up versus the incumbent.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to 2 times the daily percentage change of Alphabet Inc. Class A common stock.

Why people hold it

  1. 01Aims for 2x the daily percentage change of Alphabet Class A in a single ticker, with no margin account or options chain to manage.graniteshares.com
  2. 02Has tracked its stated 2x daily target closely, one of the stronger implementations in the crowded daily-leveraged single-stock lane.
  3. 03The underlying is a mega-cap, which puts its risk profile on the calmer end of the leveraged single-stock shelf.

Worth knowing

  1. 01The 2x target resets every day. Hold longer and compounding takes over, so multi-day results can differ from twice the move of the underlying, especially in choppy markets.
  2. 02At 1.18%, the fee runs above the typical daily-leveraged single-stock fund and above Direxion's GGLL (0.96%), which targets the same 2x Alphabet exposure.
  3. 03The branding says GOOG, but the prospectus references Alphabet Class A (GOOGL), a different share class.

GOU Holdings

As of Sep 21, 2026, 4:06 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
GOOGL SWAP66.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—GOOGL SWAP66.68%80,166$28M1
002—US Dollars33.32%13,915,371$14M85

Showing 1–2 of 2 holdings

GOU Performance

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

GOU$10,781
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. GOU $10,781. SPY $11,430. Use the arrow keys to read each point.$6,692$11,259$15,827Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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 GOU. Periods over one year show the average yearly return.
PeriodGOU
Year to date+7.8%
1 month+2.5%
3 months−4.8%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per 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 GOU
YearReturn barGOU
2026 YTD+7.8%
2025−2.9%

Since listing, Dec 2, 2025

GOU in the news

ETF.net Research hasn’t filed on GOU yet — coverage lands here as it’s written.

GOU Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Dec 2025. No distributions yet.

GOU 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.
—
Launched Dec 2025; fills in after 12 months
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.
—
Launched Dec 2025; fills in after 12 months
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.
—
Launched Dec 2025; fills in after 12 months
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.
5.44
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.

GOU Cost

Expense ratio1.18%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

222 of the 329 Single-Stock Long Leveraged funds charge less.

GOU costs $118.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.