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Launched

GraniteShares 2x Long INTC Daily ETF

INTWNasdaqCThis 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.

$22.63+0.65 (+2.96%)

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

C45/ 100

Rank 107 of 380 in Single-Stock Long Leveraged

C45/100Rank 107 of 380inSingle-Stock Long Leveraged
Intraday session: up, 79 prints from 21.98 to 22.63. Range 20.81 to 22.63. Use the arrow keys to read each point.21.0021.5010 AM12 PM2 PM4 PM
Expense ratio
1.85%
Fund size
$388M
1Y total return
+288.3%
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
5M sh
NAV per share
$22.02
52W range
low $4.47high $52.63
Launched

The ETF.net INTW Grade

Based on 5 of 6 pillars

C

Score 45 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
107 of 380
Six-pillar profile for INTW. Scores out of 100: Cost 4, Risk 64, Mission 97, Tradability 97, Holdings not scored, Durability 82. Strongest: Mission (97). Weakest: Cost (4). Based on 5 of 6 pillars.

Score 45 of 100 falls in the C 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.
    F4 out of 100
    Rank 363 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 20 of 148

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B64 out of 100
    Rank 99 of 363

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A97 out of 100
    Rank 1 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.
    A82 out of 100
    Rank 13 of 380

Our read on INTW

ETF.net Research

CIntel with the volume knob at 2x. GraniteShares flipped its Intel short fund into a daily 2x long in early 2025, so every move in the chipmaker lands twice as hard, up and down, and the clock resets each morning.

Stated mandate

The Fund seeks daily investment results equal to twice the daily percentage change of Intel Corp.'s common stock, before fees and expenses.

Why people hold it

  1. 01One job, done cleanly: it aims for twice Intel's daily percentage move and has tracked that target closely, and it's one of the busier tickers in its corner of the market.graniteshares.com
  2. 022x, not 3x. Half the leverage of the category's wildest products means daily compounding bites less hard when the stock chops sideways.sec.gov
  3. 03Sits in the upper half of a crowded leveraged single-stock field on the things that matter mechanically: tracking, trading friction, structure.
  4. 04Straight-ahead swap-and-stock construction from a shop that has run leveraged single-stock funds for years, with the Intel short side offered in the same lineup.graniteshares.comsec.gov

Worth knowing

  1. 01The 1.85% expense ratio is roughly double what several rival 2x single-stock funds charge (GGLL and AAPU sit near 1%).
  2. 02Leverage resets daily. Hold past one session and compounding takes over, so a week or a month can land well away from 2x Intel's move over that stretch.sec.gov
  3. 03One chipmaker, doubled. There's no diversification underneath, and the fund isn't built as an income vehicle.

INTW Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
INTC66.7%

Sectors

  • Technology100.0%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001INTCIntc66.66%7,643,029$775M511
002—US Dollars33.34%387,413,564$387M85

Showing 1–2 of 2 holdings

INTW Performance

Launched Feb 13, 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.
INTW$38,834
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. INTW $38,834. SPY $12,044. Use the arrow keys to read each point.$1,730$48,878$96,026Oct 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 INTW. Periods over one year show the average yearly return.
PeriodINTW
Year to date+307.8%
1 month−7.8%
3 months−27.6%
1 year+288.3%
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 INTW
YearReturn barINTW
2026 YTD+307.8%
2025+50.1%

Since listing, Feb 13, 2025

INTW in the news

Filtered to INTW · Single-Stock Long Leveraged

INTW Dividends

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

No distributions in the last 12 months.

INTW 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.
274.5%
Annualised · 19 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.
1.18
vs 3-month T-bills · 19 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.
−69.2%
19 months · trough Jul 2026
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.
4.26
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.

INTW Cost

Expense ratio1.85%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

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

INTW costs $185.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.

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