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Launched · SEC filings

GraniteShares 2x Long GOOG Daily ETF

GOUNasdaqGraniteSharesBThis 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.

$15.95−0.14 (−0.87%)

At close: Nov 2, 2026, 4:00 PM ET

B55/ 100

Rank 69 of 380 in Single-Stock Long Leveraged

B55/100Rank 69 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 16.09 to 15.95. Range 15.95 to 16.82. Use the arrow keys to read each point.16.2016.4016.6016.8010 AM12 PM2 PM4 PM
Expense ratio
1.18%*
Fund size
$16M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
147K sh
52W range
low $15.72high $38.51
Launched
Filings
SEC EDGAR

*After a fee waiver that ends Dec 31, 2027. Without it: 1.91%.

The ETF.net GOU Grade

Based on 5 of 6 pillars

B

Score 55 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
69 of 380
Six-pillar profile for GOU. Scores out of 100: Cost 37, Risk 69, Mission 90, Tradability 77, Holdings not scored, Durability 64. Strongest: Mission (90). Weakest: Cost (37). Based on 5 of 6 pillars.

Score 55 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.
    D37 out of 100
    Rank 238 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A90 out of 100
    Rank 77 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B69 out of 100
    Rank 78 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A77 out of 100
    Rank 51 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.
    B64 out of 100
    Rank 101 of 380

Our read on GOU

ETF.net Research

In short

BTwo times Alphabet's daily move, in one ticker. GraniteShares listed the first leveraged single-stock ETFs in the US in 2022, and GOU is its 2x dial on Google's parent, reset every day.

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

  • The mandate is narrow and literal: a swap-based 2x on Alphabet Class A, close to close. Day to day it has stayed tight to that stated target.sec.gov
  • From the house that put the first short and leveraged single-stock ETFs on US exchanges in 2022, so the daily-swap plumbing is well-worn.etfgi.comgraniteshares.com
  • The dial is 2x, not 3x. You still double Alphabet's daily move, with less of the knife-edge math the most aggressive single-stock funds carry.graniteshares.com
  • Among the stronger-rated implementations in a crowded single-stock leverage field, and it trades actively enough for a fund this young.

Worth knowing

  • Costs 1.15% net of a waiver through December 31, 2026 (1.18% gross), above the typical single-stock leveraged fund; 2x peers like TSMG charge 0.76%.
  • Daily reset means the math compounds. Over periods longer than a day the prospectus warns the fund can lose money even if Alphabet rises.sec.gov
  • One company, amplified: an earnings print or a headline lands twice as hard, and the issuer frames the fund for investors who monitor positions daily.sec.gov

GOU Performance

Launched Dec 2, 2025

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.Not enough history yet.
GOU$6,589
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,169
Dec 31, 2025 to Oct 30, 2026. GOU $6,589. SPY $11,169. Use the arrow keys to read each point.$7,500$10,000$12,500$15,000Dec 2025Jun 2026Oct 2026

Dec 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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−34.1%
1 month−36.1%
3 months−42.0%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−34.1%
2025−2.9%

Since listing, Dec 2, 2025

GOU in the news

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 Oct 30, 2026.
No dataLast 12 months
Payout per share
No dataLast 12 months

Listed Dec 2025. No distributions yet.

GOU Risk

Risk pillarB69 out of 100Rank 78 of 368 in Single-Stock Long Leveraged

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.
5.34
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.

FMP measures it over up to five years of monthly returns.

GOU Cost

Compare GOU and GOGL

Overpaying vs GOGL, tied cheapest in Single-Stock Long Leveraged

$17,388

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • GOU 1.18%

    $21,543

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • GOU 1.18%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530GOU $21,543GOGL $4,155

Year by year

YearGOUGOGLOverpaying
10$2,065$365$1,700
20$7,697$1,421$6,276
30$21,543$4,155$17,388
How the 1.18% is worked out

Full fee 1.91%− waiver 0.73%= you pay 1.18%

The waiver ends Dec 31, 2027. After that the fee is 1.91% unless GraniteShares renews it. Source: prospectus, Oct 2026.

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