RVNL GraniteShares 2x Long RIVN Daily ETF
Quote as of Aug 26, 2026 20:00 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 27.29 | Day Range | 24.57 – 26.96 |
| 52-Week Range | 19.25 – 75.17 | Volume | 61.62K |
| Avg Volume | 84.67K | AUM | $13.8M (Aug 27, 2026) |
| Expense Ratio | 7.90% | Yield (TTM) | — |
| NAV | 27.15 | Premium/Discount | -5.34% indicative |
| Inception | Apr 21, 2025 | Holdings | 2 |
| Issuer | GraniteShares | Exchange | NASDAQ |
| Category | Consumer Discretionary | Index Tracked | Not stated in source data |
| CUSIP | 38747R470 | ISIN | US38747R4700 |
| Structure | Leveraged 2x | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
The Fund seeks daily investment results of 2 times the daily percentage change of the common stock of Rivian Automotive, Inc. The Fund is an actively managed exchange traded fund that attempts to replicate 2 times the daily percentage change the Underlying Stock by entering into a swap agreement on the Underlying Stock.
Description from the fund data provider · profile as of Aug 27, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -6.20% | -0.07% | -16.20% | -54.54% | -18.30% | — | — | — | -1.00% |
| Total return | -6.20% | -0.08% | -16.20% | -54.55% | -18.31% | — | — | — | -1.00% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Aug 26, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 7.90% | Annual cost of a $10,000 investment | $790.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings as of Aug 16, 2026 — portfolio reporting date from the data provider; holdings are not live positions. 2 rows in database.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | RIVN | RIVN | 66.67% | 1.43M | $22.6M |
| 2 | US Dollars | — | 33.33% | 11.31M | $11.3M |
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Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
| Volatility 1Y / 3Y | 142.02% / — | Sharpe 1Y / 3Y | 0.772 / — |
| Max drawdown 1Y / 3Y | -72.92% / — | Sortino 1Y | 1.26 |
| Beta vs S&P 500 (3Y) | 3.57 | Correlation vs S&P 500 (1Y) | 0.35 |
| Downside deviation 1Y | 87.11% | Risk-free rate used | 3.71% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Aug 27, 2026. Formulas →
Liquidity
| Volume today | 61.62K | Average volume | 84.67K |
| AUM | $13.8M | Premium/Discount | -5.34% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Day | -$44.5K | -0.32% | $13.9M → $13.8M |
| 1 Week | $2.4M | +21.47% | $11.1M → $13.8M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for RVNL
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.