GraniteShares is set to introduce three new leveraged ETFs focused on high-volatility sectors, including nuclear energy, AI infrastructure, and biotech, as indicated by their recent filing with the U.S. Securities and Exchange Commission.
The proposed funds—GraniteShares 2x Long XE Daily ETF, GraniteShares 2x Long MAIR Daily ETF, and GraniteShares 2x Long RVMD Daily ETF—aim to deliver 200% of the daily performance of their respective underlying stocks. This move reflects a broader trend where ETF issuers are diversifying beyond established mega-cap companies like Nvidia and Tesla, venturing into more speculative and momentum-driven market segments.
GraniteShares has highlighted that these products are primarily geared towards sophisticated investors and active traders who can closely monitor their investments, given the heightened risks associated with leveraged single-stock products. The ETFs will utilize various financial instruments, including swaps and call options, with swaps likely serving as the main method for achieving leveraged exposure.
As markets increasingly focus on AI infrastructure, nuclear energy, and biotech, these ETFs are timely. The growing demand for energy in data centers and advancements in chip technology are driving interest in high-volatility investment themes, suggesting that traders are shifting towards targeted, high-beta strategies rather than broad market indices.