RVNL (GraniteShares 2x Long RIVN Daily ETF) Analysis & Data | iCaiFu · iCaiFu · Intelligent Wealth
RVNL
GraniteShares 2x Long RIVN Daily ETF
NASDAQ · us_market
Last price
$31.38
-57.4%from ATH
Profile
Quote type
ETF
First trade
2025-04-22
Price rows
278
Last sync
2026-05-29
✦AI insight · the why
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Company & Price
Business summary
The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock, as well as directly purchasing the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately 200% of the fund’s net asset value.