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Launched

GraniteShares 2x Long INTC Daily ETF

INTWNasdaqGraniteSharesCThis 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.

$6.24−1.25 (−16.69%)

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

C41/ 100

Rank 129 of 380 in Single-Stock Long Leveraged

C41/100Rank 129 of 380inSingle-Stock Long Leveraged
Intraday session: down, 79 prints from 7.49 to 6.24. Range 6.13 to 7.47. Use the arrow keys to read each point.6.506.757.007.2510 AM12 PM2 PM4 PM
Expense ratio
1.55%*
Fund size
$299M
1Y total return
+11.3%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
5.42M sh
52W range
low $4.47high $52.63
Launched

*After a fee waiver that ends Dec 31, 2027. Without it: 1.56%.

The ETF.net INTW Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
Single-Stock Long Leveraged⁠
Rank
129 of 380
Six-pillar profile for INTW. Scores out of 100: Cost 3, Risk 54, Mission 100, Tradability 94, Holdings not scored, Durability 82. Strongest: Mission (100). Weakest: Cost (3). Based on 5 of 6 pillars.

Score 41 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.
    F3 out of 100
    Rank 366 of 380

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 150

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C54 out of 100
    Rank 151 of 368

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A94 out of 100
    Rank 5 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 12 of 380

Our read on INTW

ETF.net Research

In short

CIntel is Wall Street's loudest argument, and INTW is the geared way to take a one-day side: it aims for twice INTC's daily move, reset each morning. Cost is the trade-off, at 1.50% net of a waiver through December 31, 2026.

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

  • Does what it says on the tin: since its February 2025 launch it has closely matched its 2x daily target, among the stronger implementations in its peer group.
  • Actively traded in a category full of thin tickers, with assets in the hundreds of millions. Liquidity matters most when the whole idea is a same-day position.
  • Twice the daily move, not three times, in an ETF wrapper: no margin account and no options chain to manage.graniteshares.com

Worth knowing

  • Fee is the trade-off: 1.50% net of a waiver through December 31, 2026 (1.85% gross), above the category median. Peers OKTG (0.75%) and TSMG (0.76%) charge less, with no waiver involved.
  • The 2x target resets daily. Hold longer and compounding takes over, so a multi-week result can differ sharply from twice Intel's move over the same stretch.graniteshares.com
  • One stock, one story: an earnings miss or guidance cut lands with double the force, and there is no diversification to soften it. The record is barely a year deep.

INTW Holdings

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 valueHeld by ETFs
1INTCIntc66.67%6,479,108$597M514
2No dataUS Dollars33.33%298,257,179$298M85

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$11,129
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. INTW $11,129. SPY $11,199. Use the arrow keys to read each point.$10,000$25,000$50,000$75,000Oct 2025Apr 2026Oct 2026

Oct 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 INTW. Periods over one year show the average yearly return.
PeriodINTW
Year to date+39.0%
1 month−76.1%
3 months−61.4%
1 year+11.3%
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 INTW
YearReturn barINTW
2026 YTD+39.0%
2025+50.1%

Since listing, Feb 13, 2025

INTW in the news

INTW Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

INTW Risk

Risk pillarC54 out of 100Rank 151 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.
278.9%
Annualised · 20 months to Oct 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.
0.94
vs 3-month T-bills · 20 months to Oct 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.
−85.7%
20 months · trough Oct 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.

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

INTW Cost

Compare INTW and GOGL

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

$22,832

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

  • INTW 1.55%

    $26,987

  • GOGL 0.20% Tied cheapest

    $4,155

$10,000
30 years

Cost over time

  • INTW 1.55%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530INTW $26,987GOGL $4,155

Year by year

YearINTWGOGLOverpaying
10$2,671$365$2,306
20$9,795$1,421$8,374
30$26,987$4,155$22,832
How the 1.55% is worked out

Full fee 1.56%− waiver 0.01%= you pay 1.55%

The waiver ends Dec 31, 2027. After that the fee is 1.56% unless GraniteShares renews it. Source: prospectus, Oct 2026.

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