|
|
|
|
|
– June 30, 2025 |
|
Fund Overview
The GraniteShares HIPS US High Income ETF seeks to track the performance, before fees and expenses, of the EQM High Income Pass-Through Securities Index (Index 1).
From inception on January 05, 2015, to March 15, 2023, the Fund sought to provide investment results that, before fees and expenses, correspond generally to the total return performance of the TFMS HISPS index (Index 2).
The Benchmark represents a combination of the performances of Index 1 and Index 2.
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 5.79% return. |
|
Over the same period the Benchmark had a return of 6.70%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||||||
| 1 Year | 5 Years | 10 Years | |||||||||||
| NAV | % | % | % | ||||||||||
| Price | % | % | % | ||||||||||
|
Benchmark(1) |
% | % | % | ||||||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund attempts to invest all, or substantially all, of its assets in the securities that make up the EQM High Income Pass-Through Securities Index.
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| United States Treasury Bills |
Financial |
|||
|
Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. |
Government |
| ||
| MPLX LP | Closed End Funds | |||
|
Ellington Financial, Inc. |
2.19% | Energy | ||
| Global Net Lease, Inc. |
|
|||
| Hess Midstream LP |
|
|||
| Allspring Multi-Sector Income Fund |
|
|||
| Annaly Capital Management, Inc. |
|
|||
| USA Compression Partners LP |
|
|||
| Delek Logistics Partners LP |
|
|||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If
you wish to receive a copy of this document at a new address, contact
(844) 476 8747 or send an email to
|
|
GraniteShares HIPS US High Income ETF
|
|
|
NYSE: HIPS |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| - June 30, 2025 | |
|
Fund Overview
The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF seeks to provide long-term capital appreciation, primarily through exposure to commodity futures markets.
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 5.31% return. |
| Over the same period the Bloomberg Commodity Index (the Benchmark) had a return of 5.77%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
|
Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||||||||||
| Inception | |||||||||||||||||
| 1 Year | 3 Year | 5 Year | ( |
||||||||||||||
| NAV | % | - |
% | % | |||||||||||||
| Price | % | - |
% | % | |||||||||||||
| Benchmark | % | % | % | ||||||||||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio Holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
While the Fund generally seeks exposure to the commodity futures markets included in the Bloomberg Commodity Index.
The Fund seeks to enhance its performance, in part through a cash management strategy consisting of investments in investment grade fixed income securities issued by various U.S. public sector or corporate entities
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| Government T-bills | Futures contracts | |||
| Gold 100 Oz futures | Government | |||
| Natural Gas futures | Cash | |||
| Brent Crude Oil futures | ||||
| Copper futures | ||||
| Soybean futures | ||||
| WTI Crude Oil futures | ||||
| Silver futures | ||||
| Aluminum LME futures | ||||
| Corn futures | ||||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
|
|
| NYSE: COMB | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The GraniteShares Nasdaq Select Disruptors ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq US Large Cap Select Disruptors Index (Index 1).
From inception on October 10, 2019, to August 14, 2023, the Fund sought to provide investment results that, before fees and expenses, corresponds generally to the total return performance of the XOUT U.S. Large Cap index (Index 2).
The Benchmark represents a combination of the performances of Index 1 and Index 2.
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 16.86% return. |
| Over the same period the Benchmark had a return of 17.39%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||||||||||
| Inception | |||||||||||||||||
| 1 Year | 3 Years | 5 Years | ( |
||||||||||||||
| NAV | % | % | % | % | |||||||||||||
| Price | % | % | % | % | |||||||||||||
| Benchmark | % | % | % | % | |||||||||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio Holdings | ||||
| Turnover | % | |||
|
What does the Fund invest in?
The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (exclusive of collateral held from securities lending) in the securities included in the Nasdaq US Large Cap Select Disruptors Index.
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| Microsoft Corp. | Technology | |||
| Meta Platforms, Inc. | Consumer - non-cyclical | |||
| Broadcom, Inc. | Communications | |||
| Alphabet, Inc. | Industrial | |||
| Eli Lilly & Co. | ||||
| Palantir Technologies, Inc. | ||||
| Salesforce, Inc. | ||||
| ServiceNow, Inc. | ||||
| Merck & Co., Inc. | ||||
| Intuitive Surgical, Inc. | ||||
|
Material Fund Changes
There were no material fund changes during the period.
Householding
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares Nasdaq Select Disruptors ETF
|
|
| NYSE: DRUP | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Lucid Group Inc, (NASDAQ: LCID).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on April 21, 2025, to June 30, 2025, the Fund had a -25.16% return. |
|
Over the same period the common stock of Lucid Group Inc, (NASDAQ: LCID) had a return of -1.08% and the S&P 500 Index (the Benchmark) a return of 20.62%.
|
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio Holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Lucid Group Inc, (NASDAQ: LCID).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| LCID Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
|
||||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long LCID Daily ETF
|
|
| NASDAQ: LCDL |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of MARA Holdings, Inc (NASDAQ: MARA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on March 06, 2025, to June 30, 2025, the Fund had a -20.88% return. |
| Over the same period the common stock of MARA Holdings, Inc (NASDAQ: MARA) had a return of 30.03% and the S&P 500 Index (the Benchmark) a return of 9.65%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||
|
Inception ( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of MARA Holdings, Inc (NASDAQ: MARA).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| MARA Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long MARA Daily ETF
|
|
| NASDAQ: MRAL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Marvell Technology, Inc. (NASDAQ: MRVL).
You can find additional
information about the Fund at
You can request this
information by calling at
|
How did the fund perform since inception?
Since inception on March 06, 2025, to June 30, 2025, the Fund had a -8.24% return. |
| Over the same period the common stock of Marvell Technology, Inc. (NASDAQ: MRVL) had a return of -0.38% and the S&P 500 Index (the Benchmark) a return of 8.61%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||
| Inception | |||||
| ( |
|||||
| NAV | - |
% | |||
| Price | - |
% | |||
| Benchmark | % | ||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Marvell Technology, Inc. (NASDAQ: MRVL).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| MRVL Equity Swap | % | Total Return Swap | % | |
| United States Treasury Bills | % | Government | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long MRVL Daily ETF
|
|
| NASDAQ: MVLL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of -2 times (-200%) the daily percentage change of the common stock of MicroStrategy Inc. (NASDAQ: MSTR).
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on June 09, 2025, to June 30, 2025, the Fund had a -7.68% return. |
| Over the same period the common stock of MicroStrategy Inc. (NASDAQ: MSTR) had a return of 3.09% and the S&P 500 Index (the Benchmark) a return of 3.39%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
|
Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
|
( |
||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Super MicroStrategy Inc. (NASDAQ: MSTR).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| MSTR Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Short MSTR Daily ETF
|
|
| NASDAQ: MSDD | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Microsoft Corp. (NASDAQ: MSFT).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 8.50% return. |
|
Over the same period the common stock of Microsoft Corp. (NASDAQ: MSFT) had a return of 12.14% and the S&P 500 Index (the Benchmark) a return of 15.16% |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025)
|
||||||||
| 1-year | Inception | |||||||
| ( |
||||||||
| NAV | % | % | ||||||
| Price | % | % | ||||||
| Benchmark | % | % | ||||||
|
Fund Statistics (as of June 30, 2025)
| ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Microsoft Corp. (NASDAQ: MSFT).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| MSFT Equity Swap | % | Total Return Swap | % | |
| US Treasury Bills | % |
Government |
% | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Householding
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long MSFT Daily ETF
|
|
| NASDAQ: MSFL |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of MicroStrategy Inc (NASDAQ: MSTR).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on June 09, 2025, to June 30, 2025, the Fund had a 4.32% return. |
| Over the same period the common stock of MicroStrategy Inc (NASDAQ: MSTR) had a return of 3.09% and the S&P 500 Index (the Benchmark) a return of 3.39%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025)
|
|||||
| Inception | |||||
| ( |
|||||
| NAV | % | ||||
| Price | % | ||||
| Benchmark | % | ||||
|
Fund Statistics (as of June 30, 2025)
| ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
|
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of MicroStrategy Inc (NASDAQ: MSTR).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| MSTR Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long MSTR Daily ETF
|
|
| NASDAQ: MSTP | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Micron Technology Inc. (NASDAQ: MU).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on November 11, 2024, to June 30, 2025, the Fund had a -14.14% return. |
|
Over the same period the common stock of Micron Technology Inc. (NASDAQ: MU) had a return of 13.24% and the S&P 500 Index (the Benchmark) a return of 4.31%. |
|
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
|
|
||||
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||
| Inception | |||||
| ( |
|||||
| NAV | - |
% | |||
| Price | - |
% | |||
| Benchmark | % | ||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Micron Technology Inc. (NASDAQ: MU).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| MU Equity Swap | % | Total Return Swap | % | |
| US Treasury Bill | % | Government | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long MU Daily ETF
|
|
| NASDAQ: MULL |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
| |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Apple Inc. (NASDAQ: AAPL).
You
can find additional information about the Fund at
You
can request this information by calling at
|
During the period of June 30, 2024, to June 30, 2025, the Fund had a -20.52% return. |
| Over the same period the common stock of Apple Inc (AAPL) had a return of –2.13% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | |||||||
| 1 Year |
Inception ( |
||||||
| NAV | - |
% | - |
% | |||
| Price | - |
% | - |
% | |||
| Benchmark | % | % | |||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Apple Inc (NASDAQ: AAPL).
The Fund may also invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| AAPL Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long AAPL Daily ETF
|
|
| NASDAQ: AAPB | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Advanced Micro Devices Inc. (NASDAQ: AMD).
You
can find additional information about the Fund at
You
can request this information by calling at
|
During the period of June 30, 2024, to June 30, 2025, the Fund had a -48.18% return. |
| Over the same period the common stock of Advanced Micro Devices Inc. (AMD) had a return of –12.52% and the S&P 500 Index (the Benchmark) a return of 17.63%. |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance include all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | |||||||
| 1 Year |
Inception ( |
||||||
| NAV | - |
% | - |
% | |||
| Price | - |
% | - |
% | |||
| Benchmark | % | % | |||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Advanced Micro Devices Inc. (NASDAQ: AMD).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| AMD Equity Swap | % | Total Return Swap | % | |
|
US Treasury Bills |
% |
Government |
% | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long AMD Daily ETF
|
|
| NASDAQ: AMDL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Amazon.com (NASDAQ: AMZN).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 5.20% return. |
| Over the same period the common stock of Amazon.com (AMZN) had a return of 13.53% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||||||
| Inception | ||||||||
| 1 Year | ( |
|||||||
| NAV | % | % | ||||||
| Price | % | % | ||||||
| Benchmark | % | % | ||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Amazon.com (NASDAQ: AMZN).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| AMZN Equity Swap | % | Total Return Swap | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long AMZN Daily ETF
|
|
| NASDAQ: AMZZ | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
|
– June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the ADR of Alibaba Group Holding Limited (NYSE: BABA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 90.80% return. |
|
Over the same period the ADR of Alibaba Group Holding Limited (BABA) had a return of 60.18% and the S&P 500 Index (the Benchmark) a return of 15.16% |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||
| Inception | |||||||||
| 1 Year | ( |
||||||||
| NAV | % | - |
% | ||||||
| Price | % | - |
% | ||||||
| Benchmark | % | % | |||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the ADR of Alibaba Group Holding Limited (NYSE: BABA).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
|
% of Market Value |
% of Market Value | |||
| BABA Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long BABA Daily ETF
|
|
| NASDAQ: BABX |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of -2 time (-200%) the daily percentage change of the common stock of Coinbase Global Inc. (NASDAQ: COIN).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on September 03, 2024, to June 30, 2025, the Fund had a –90.22% return. |
| Over the same period the common stock of Coinbase Global Inc. (NASDAQ: COIN) had a return of 107.23% and the S&P 500 Index (the Benchmark) a return of 13.47% |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Total Returns (as of June 30, 2025) | ||||
|
Inception ( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Coinbase Global Inc. (NASDAQ: COIN).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| COIN Equity Swap | Total Return Swap | |||
| US Treasury Bills | Government | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Short COIN Daily ETF
|
|
| NASDAQ: CONI | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
|
|
– June 30, 2025 |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Coinbase Global Inc. (NASDAQ: COIN).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 1.58% return. |
|
Over the same period the common stock of Coinbase Global Inc. (NASDAQ: COIN) had a return of 57.71% and the S&P 500 Index (the Benchmark) a return of 15.16% |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
|
$ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance include all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||
| Inception | |||||||||
| 1 Year | ( |
||||||||
| NAV | % | % | |||||||
| Price | % | % | |||||||
| Benchmark | % | % | |||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Coinbase Global Inc. (NASDAQ: COIN).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
|
COIN Equity Swap |
Total Return Swap |
| ||
|
United States Treasury Bills |
Government |
|||
| Cash |
|
Cash | ||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long COIN Daily ETF
|
|
| NASDAQ: CONL |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
|
|
– June 30, 2025 |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of CrowdStrike Holdings Inc. (NASDAQ: CRWD).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception? Since inception on November 11, 2024, to June 30, 2025, the Fund had a 69.28% return. |
|
Over the same period the common stock of CrowdStrike Holdings Inc. (NASDAQ: CRWD) had a return of 48.27% and the S&P 500 Index (the Benchmark) a return of 4.31%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
|
$ |
||||
| (a) |
|
|
How did the fund perform since inception The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Total Returns (as of June 30, 2025) |
|||||
| Inception | |||||
| ( |
|||||
| NAV | % | ||||
| Price | % | ||||
| Benchmark | % | ||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of CrowdStrike Holdings Inc. (NASDAQ: CRWD).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
|
CRWD Equity Swap |
Total Return Swap |
| ||
|
US Treasury Bills |
Government |
|||
| Cash |
|
|||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long CRWD Daily ETF
|
|
|
NASDAQ: CRWL |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Dell Technologies Inc. (NYSE: DELL).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on February 12, 2025, to June 30, 2025, the Fund had a -2.00% return. |
| Over the same period the common stock of Dell Technologies Inc. (NYSE: DELL) had a return of -9.27% and the S&P 500 Index (the Benchmark) a return of 3.09%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Total Returns (as of June 30, 2025) | ||||
|
Inception ( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Dell Technologies Inc. (NYSE: DELL).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| U.S. Treasury Bills | Government | |||
| DELL Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long DELL Daily ETF
|
|
| NASDAQ: DLLL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Meta Platforms Inc. (NASDAQ: META).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 71.21% return. |
|
Over the same period the common stock of Meta Platforms Inc (NASDAQ: META) had a return of 46.88% and the S&P 500 Index (the Benchmark) a return of 15.16% |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
|
Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||||||
| 1 Year |
Inception ( |
|||||||
| NAV | % | % | ||||||
| Price | % | % | ||||||
| Benchmark | % | % | ||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio Holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Meta Platforms Inc. (NASDAQ: META).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| META Equity Swap | Total Return Swap | |||
| United States Treasury Bills | Government T-Bill | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the year.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long META Daily ETF
|
|
| NASDAQ: FBL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Intel Corp. (NASDAQ: INTC).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on February 12, 2025, to June 30, 2025, the Fund had a -20.84% return. |
|
Over the same period the common stock of Intel Corp. (NASDAQ: INTC) had a return of 0.62% and the S&P 500 Index (the Benchmark) a return of 3.09%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
|
Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Total Returns (as of June 30, 2025) | ||||
| Inception | ||||
| ( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Intel Corp. (NASDAQ: INTC).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| INTC Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long INTC Daily ETF
|
|
| NASDAQ: INTW | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of IonQ Inc. (NYSE: IONQ).
You
can find additional information about the Fund at You
can request this information by calling at
|
|
How did the fund perform since inception?
Since inception on March 24, 2025, to June 30, 2025, the Fund had a 96.36% return. |
| Over the same period the common stock of IonQ Inc. (NYSE: IONQ) had a return of 64.51% and the S&P 500 Index (the Benchmark) a return of 7.97%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment | Cost paid as % of a $10,000 investment | ||
| $ |
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | $ | |||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of IonQ Inc. (NYSE: IONQ).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| IONQ Equity Swap | Total Return Swap | |||
| United States Treasury Bills | Government | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long IONQ Daily ETF
|
|
| NASDAQ: IONL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
|
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of inverse 2 times (-200%) the daily percentage change of the common stock of NVIDIA Corp. (NASDAQ: NVDA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a –75.07% return. |
| Over the same period the common stock of NVIDIA Corp (NASDAQ: NVDA) had a return of 27.93% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||||||
| Inception | ||||||||
| 1 Year | ( |
|||||||
| NAV | - |
% | - |
% | ||||
| Price | - |
% | - |
% | ||||
| Benchmark | % | % | ||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of NVIDIA Corp. (NASDAQ: NVDA).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
| |||
| NVDA Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
| US Treasury Bill | Government | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Short NVDA Daily ETF
|
|
| NASDAQ: NVD | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of NVIDIA Corp. (NASDAQ: NVDA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had 1.29% return. |
| Over the same period the common stock of NVIDIA Corp. (NASDAQ: NVDA) had a return of 27.93% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
|
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment | Cost paid as % of a $10,000 investment | |||
| $ |
||||
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||||||
| Inception | ||||||||
| 1 Year | ( |
|||||||
| NAV | % | % | ||||||
| Price | % | % | ||||||
| Benchmark | % | % | ||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of NVIDIA Corp. (NASDAQ: NVDA).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||||||
| % of Market Value | % of Market Value | |||||||
| NVDA Equity Swap | % | Total Return Swap | % | |||||
| United States Treasury Bills | % | Government | % | |||||
| Cash | % | Cash | % | |||||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
| GraniteShares
2x Long NVDA Daily ETF
|
|
| NASDAQ: NVDL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
|
|
– June 30, 2025 |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Palantir Technologies Inc. (NASDAQ: PTLR).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on September 03, 2024, to June 30, 2025, the Fund had a 1,066.00% return. |
|
Over the same period the common stock of Palantir Technologies Inc. (NASDAQ: PTLR) had a return of 346.80% and the S&P 500 Index (the Benchmark) a return of 13.47%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
|
Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
|
$ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||
| Inception | ||||
|
( |
||||
| NAV | % | |||
| Price | % | |||
| Benchmark |
|
% | ||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ |
|
||
|
Number of Portfolio holdings |
||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Palantir Technologies Inc. (NASDAQ: PTLR).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
|
PLTR Equity Swap |
Total Return Swap |
|||
|
United States Treasury Bills |
Government |
|||
|
Cash |
Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long PLTR Daily ETF
|
|
| NASDAQ: PTIR |
Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Qualcomm Inc. (NASDAQ: QCOM).
You
can find additional information about the Fund at You can
request this information by calling at
|
How did the fund perform since inception?
Since inception on February 12, 2025, to June 30, 2025, the Fund had a -20.52% return. |
|
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment | Cost paid as % of a $10,000 investment | ||
| $ |
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | $ | |||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Qualcomm Inc. (NASDAQ: QCOM).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| QCOM Equity Swap | Total Return Swap | |||
| Cash | Government | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long QCOM Daily ETF
|
|
| NASDAQ: QCML | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Reddit Inc. (NYSE: RDDT).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on March 24, 2025, to June 30, 2025, the Fund had a 14.32% return. |
Over the same period the common stock of Reddit Inc. (NYSE: RDDT) had a return of 20.51% and the S&P 500 Index (the Benchmark) a return of 7.97%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) |
||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Reddit Inc. (NYSE: RDDT).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
|
RDDT Equity Swap |
Total Return Swap |
|||
|
US Treasury Bills |
Government |
|||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long RDDT Daily ETF
|
|
| NASDAQ: RDTL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
|
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Rivian Automotive Inc. (NASDAQ: RIVN).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on April 21, 2025, to June 30, 2025, the Fund had a 42.48% return. |
| Over the same period the common stock of Rivian Automotive Inc. (NASDAQ: RIVN) had a return of –23.23% and the S&P 500 Index (the Benchmark) a return of 20.62%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||
|
Inception ( | ||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Rivian Automotive Inc. (NASDAQ: RIVN).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| RIVN Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long RIVN Daily ETF
|
|
| NASDAQ: RVNL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| - June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Super Micro Computer Inc. (NASDAQ: SMCI).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on December 11, 2024, to June 30, 2025, the Fund had a -26.84% return. |
| Over the same period the common stock of Super Micro Computer Inc. (NASDAQ: SMCI) had a return of 28.00% and the S&P 500 Index (the Benchmark) a return of 2.74%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||
| Inception | ||||
| ( |
||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Super Micro Computer Inc. (NASDAQ: SMCI).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| SMCI Equity Swap | Total Return Swap | |||
| United States Treasury Bills | Government | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long SMCI Daily ETF
|
|
| NASDAQ: SMCL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of inverse 2 times (-200%) the daily percentage change of the common stock of Tesla Inc (NASDAQ: TSLA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
Since the period of June 30, 2024, to June 30, 2025, the Fund had a -92.63% return. |
| Over the same period the common stock of Tesla Inc. (NASDAQ: TSLA) had a return of 60.53% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||
| 1 Year |
Inception ( |
||||||||
| NAV | - |
% | - |
% | |||||
| Price | - |
% | - |
% | |||||
| Benchmark | % | % | |||||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc.
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
|
% of Market Value |
% of Market Value | |||
| TSLA Equity Swap | Total Return Swaps | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the year.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Short TSLA Daily ETF
|
|
|
NASDAQ: TSDD |
Annual Shareholder Report - June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 1.25 times (125%) the daily percentage change of the common stock of tesla Inc. (NASDAQ: TSLA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
|
How did the fund perform for the last 12 months?
Since June 30, 2024, to June 30, 2025, the Fund had a 60.15% return. |
| Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of 60.53% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||
| 1 Year | Inception | ||||||
| ( |
|||||||
| NAV | % | - |
% | ||||
| Price | % | - |
% | ||||
| Benchmark | % | - |
% | ||||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in? The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc.
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value |
|||
| TSLA Equity Swap | Government | |||
| United States Treasury Bills | Total Return Swap | |||
| Cash | Cash | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 1.25x Long TSLA Daily ETF
|
|
| NASDAQ: TSL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
|
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of tesla Inc. (NASDAQ: TSLA).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform for the last 12 months?
During the period of June 30, 2024, to June 30, 2025, the Fund had a 35.75% return. |
| Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of 60.53% and the S&P 500 Index (the Benchmark) a return of 15.16%. |
What were the fund’s costs for the last 12 months?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
|||||||||
| Inception | |||||||||
| 1 Year | ( |
||||||||
| NAV | % | - |
% | ||||||
| Price | % | - |
% | ||||||
| Benchmark | % | % | |||||||
|
Fund Statistics (as of Juen 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc (NASDAQ: TSLA).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| TSLA Equity Swap | Total Return Swap | |||
| Cash | Cash | |||
| United States Treasury Bill | Government | |||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long TSLA Daily ETF
|
|
| NASDAQ: TSLR | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the ADR of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM).
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on November 11, 2024, to June 30, 2025, the Fund had a 10.28% return. |
| Over the same period the ADR of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) had a return of 17.97% and the S&P 500 Index (the Benchmark) a return of 4.31%. |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | ||||
| Inception
( | ||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the ADR of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| TSM Equity Swap | % | Total Return Swap | % | |
| US Treasury Bill | % | Government | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long TSM Daily ETF
|
|
| NASDAQ: TSMU | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Uber Technologies Inc. (NYSE: UBER).
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on September 03, 2024, to June 30, 2025, the Fund had a 33.28% return. |
| Over the same period the common stock of Uber Technologies Inc. (NYSE: UBER) had a return of 29.78% and the S&P 500 Index (the Benchmark) a return of 13.47%. |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment |
Cost paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Uber Technologies Inc. (NYSE: UBER).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| UBER Equity Swap | % | Total Return Swap | % | |
| US Treasury Bills | % | Government | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long UBER Daily ETF
|
 |
| NASDAQ: UBRL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Vertiv Holding Co. (NYSE: VRT).
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on March 24, 2025, to June 30, 2025, the Fund had a 54.52% return. |
| Over the same period the common stock of Vertiv Holding Co. (NYSE: VRT) had a return of 37.10% and the S&P 500 Index (the Benchmark) a return of 7.97%. |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | ||||
| Inception
( | ||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund enters into financial instruments such as swaps and options on the common stock of Vertiv Holding Co. (NYSE: VRT).
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| VRT Equity Swap | % | Total Return Swap | % | |
| United States Treasury Bills | % | Government | % | |
| Cash | % | Cash | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares 2x Long VRT Daily ETF
|
|
| NASDAQ: VRTL | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The fund’s primary investment objective is to seek current income. The fund’s secondary investment objective is to seek exposure to the performance of one or more exchange-traded funds whose shares trade on a U.S.-regulated securities exchange and that seek daily leverage investment results of 2 times (200%) the daily percentage of the common stock of NVIDIA Corp. (NASDAQ: NVDA) (the “Underlying Stock”) subject to a limit on potential investment gains.
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on May 12, 2025, to June 30, 2025, the Fund had a 16.92% return.
Over the same period the common stock of NVIDIA Corp. (NASDAQ: NVDA) had a return of 28.46% and the S&P 500 Index (the Benchmark) a return of 6.40%.
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost of a $10,000 Investment | Cost paid as % of a $10,000 investment | |||
| $ |
||||
| (a) |
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
|
Average Annual Total Returns (as of June 30, 2025) | ||||
| Inception | ||||
| ( |
||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio Holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund sells put options contracts, either directly or through swap contracts, on the leveraged NVDA ETF and for which it will receive a premium. The put options contracts sold and bought by the Fund may vary in regard to their strike prices from and their maturity.
The Fund may also invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||||||||
| % of Market Value |
% of Market Value |
|||||||||
| United States Treasury Bill | % | Government | % | |||||||
| Cash | % | Cash | % | |||||||
| Options | % | Options | % | |||||||
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
| GraniteShares
YieldBOOST NVDA ETF
|
|
| NASDAQ: NVYY | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the ProShares UltraPro QQQ (NASDAQ: TQQQ), subject to a limit on potential investment gains.
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on February 25, 2025, to June 30, 2025, the Fund had a -9.61% return. |
| Over the same period the Nasdaq-100 Index (the Benchmark) had a return of 7.86% |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | ||||
| Inception
( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund sells put options contracts, either directly or through swap contracts, on the ProShares UltraPro® QQQ (NASDAQ: TQQQ), for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices and their maturity from 1-week to 1-month.
The Fund may also invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value | % of Market Value | |||
| United States Treasury Bill | % | Government | % | |
| Cash | % | Cash | % | |
| Options | % | Options | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
|
|
GraniteShares YieldBOOST QQQ ETF
|
|
| NASDAQ: TQQY | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The fund’s primary investment objective is to seek current income. The fund’s secondary investment objective is to seek exposure to the performance of one or more exchange-traded funds whose shares trade on a U.S.-regulated securities exchange and that seek daily leverage investment results of 2 times (200%) the daily percentage of the common stock of Tesla Inc. (NASDAQ: TSLA) (the “Underlying Stock”) subject to a limit on potential investment gains.
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on December 17, 2024, to June 30, 2025, the Fund had a -26.18% return. |
| Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of -33.80% and the S&P 500 Index (the Benchmark) a return of 3.28% |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | ||||
|
Inception ( | ||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | - |
% | ||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund sells put options contracts, either directly or through swap contracts, on the leveraged TSLA ETF and for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices from 40% out-of-the-money to 10% in-the-money and their maturity from 1-week to 1-month.
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| United States Treasury Bill | % | Government | % | |
| Cash | % | Cash | % | |
| Options | % | Options | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you wish to receive
a copy of this document at a new address, contact (844) 476 8747 or
send an email to
|
|
GraniteShares YieldBOOST TSLA ETF
|
|
| NASDAQ: TSYY | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
 | |
| – June 30, 2025 | |
|
Fund Overview
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of one or more exchange-traded funds whose shares trade on a U.S.-regulated exchange and that seek daily leverage investment results of 2 times (200%) the daily percentage change of bitcoin (the “Underlying Bitcoin ETF”) subject to a limit on potential investment gains.
You
can find additional information about the Fund at
You
can request this information by calling at
|
Since inception on May 12, 2025, to June 30, 2025, the Fund had a 8.24% return. |
|
Over the same period bitcoin (the Benchmark) had a return of 5.74% |
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
|||
| $ |
||||
| (a) |
|
|
How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
|
| Average
Annual Total Returns
(as of June 30, 2025) | ||||
| Inception
( | ||||
| NAV | % | |||
| Price | % | |||
| Benchmark | % | |||
|
Fund Statistics (as of June 30, 2025) | ||||
| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund sells put options contracts, either directly or through swap contracts, on the leveraged bitcoin ETF and for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices and their maturity.
The Fund may also invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
|
| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
| United States Treasury Bill | % | Government | % | |
| Cash | % | Cash | % | |
| Options | % | Options | % | |
|
Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you wish to receive
a copy of this document at a new address, contact (844) 476 8747 or send
an email to
|
|
GraniteShares YieldBOOST Bitcoin ETF
|
 |
| NASDAQ: XBTY | Annual Shareholder Report – June 30, 2025 |
|
If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
|
|
|
 |
| – June 30, 2025 | |
|
Fund Overview
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the Direxion Daily S&P500® Bull 3X Shares (NYSE ARCA: SPXL) subject to a limit on potential investment gains.
You
can find additional information about the Fund at
You
can request this information by calling at
|
How did the fund perform since inception?
Since inception on February 25, 2025 to June 30, 2025, the Fund had a -4.77% return. |
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Over the same period the S&P 500 Index (the Benchmark) had a return of 4.69% |
What were the fund’s costs since inception?
(based on hypothetical $10,000 investment) |
| Cost
of a $10,000 Investment |
Cost
paid as % of a $10,000 investment |
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| $ |
||||
| (a) |
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How did the fund perform since inception
The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. The NAV performance includes all fund expenses.
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Average Annual Total Returns (as of June 30, 2025) |
||||
| Inception | ||||
| ( |
||||
| NAV | - |
% | ||
| Price | - |
% | ||
| Benchmark | % | |||
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Fund Statistics (as of June 30, 2025) |
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| Total Net Assets | $ | |||
| Number of Portfolio holdings | ||||
| Turnover | % | |||
What does the Fund invest in?
The Fund sells put options contracts, either directly or through swap contracts, on the Direxion Daily S&P500® Bull 3X Shares (NYSE ARCA: SPXL) and for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices and their maturity.
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements
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| Top 10 Holdings (as of June 30, 2025) | Sector Breakdown (as of June 30, 2025) | |||
| % of Market Value |
% of Market Value | |||
|
United States Treasury Bill |
% |
Government |
% | |
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Cash |
% |
Cash |
% | |
| Options | % | Options | % | |
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Material Fund Changes
There were no material fund changes during the period.
Additional Information
If you
wish to receive a copy of this document at a new address, contact (844)
476 8747 or send an email to
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GraniteShares YieldBOOST SPY ETF
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| NASDAQ: YSPY | Annual Shareholder Report – June 30, 2025 |
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If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com
Phone: (844) 476 8747 – email: [email protected]
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