{
 "ticker": "GOU",
 "name": "GraniteShares 2x Long GOOGL Daily ETF",
 "issuer": "GraniteShares",
 "desk": "leverage",
 "url": "https://etfiq.com/funds/GOU",
 "html": "https://etfiq.com/funds/GOU",
 "markdown": "https://etfiq.com/funds/GOU.md",
 "as_of": "2026-09-11",
 "verdict": "Three months to Sep 11, 2026: GOU returned \u221216.3% where its own daily promise gave \u221214.2%, 2.2 points short.",
 "key_facts": [
  {
   "key": "what_googl_did",
   "label": "What GOOGL did",
   "value": "\u22125.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GOU, what GOOGL did: \u22125.8%, as of Sep 11, 2026."
  },
  {
   "key": "what_2_times_a_day_gives",
   "label": "What +2 times a day gives",
   "value": "\u221214.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GOU, what +2 times a day gives: \u221214.2%, as of Sep 11, 2026."
  },
  {
   "key": "what_the_fund_returned",
   "label": "What the fund returned",
   "value": "\u221216.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GOU, what the fund returned: \u221216.3%, as of Sep 11, 2026."
  },
  {
   "key": "the_fund_itself_cost",
   "label": "The fund itself cost",
   "value": "\u22122.2 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GOU, the fund itself cost: \u22122.2 pts, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$12m",
   "source": "source, as filed for Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "GOU, net assets: $12m (source, as filed for Jun 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.15%",
   "source": "485BPOS XBRL, Oct 24, 2025",
   "as_of": "2026-09-11",
   "sentence": "GOU, expense ratio: 1.15% (485BPOS XBRL, Oct 24, 2025)."
  }
 ],
 "fields": [
  {
   "key": "sets_out_to_return",
   "label": "Sets out to return",
   "value": "+2 times the daily move of GOOGL, reset daily",
   "source": null
  },
  {
   "key": "multiple_a_holder_actually_got_over_the_window",
   "label": "Multiple a holder actually got over the window",
   "value": "+2.8 times, against +2 stated",
   "source": "ETFIQ"
  },
  {
   "key": "underlying",
   "label": "Underlying",
   "value": "GOOGL",
   "source": null
  },
  {
   "key": "segment",
   "label": "Segment",
   "value": "single stock, company",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$12m",
   "source": "source, as filed for Jun 30, 2026"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.15%",
   "source": "485BPOS XBRL, Oct 24, 2025"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Dec 2, 2025",
   "source": null
  },
  {
   "key": "underlying_volatility_over_the_window",
   "label": "Underlying volatility over the window",
   "value": "36% annualized",
   "source": "ETFIQ"
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "Fund": "\u22123.5%",
   "GOOGL": "\u22121.4%",
   "+2x the move": "\u22122.8%",
   "Difference": "\u22120.7 pts",
   "GOOGL moved about": "19%"
  },
  {
   "window": "3 months",
   "Fund": "\u221216.3%",
   "GOOGL": "\u22125.8%",
   "+2x the move": "\u221211.7%",
   "Difference": "\u22124.7 pts",
   "GOOGL moved about": "36%"
  },
  {
   "window": "6 months",
   "Fund": "+11.8%",
   "GOOGL": "+12.1%",
   "+2x the move": "+24.2%",
   "Difference": "\u221212.4 pts",
   "GOOGL moved about": "36%"
  },
  {
   "window": "Since launch",
   "Fund": "\u22122.1%",
   "GOOGL": "+7.5%",
   "+2x the move": "+14.9%",
   "Difference": "\u221217.0 pts",
   "GOOGL moved about": "32%"
  }
 ],
 "questions": [
  {
   "q": "Did GOU return +2 times GOOGL?",
   "a": "Over the window to Sep 11, 2026, GOOGL moved \u22125.8% and GOU returned \u221216.3%. 2 times that move is \u221211.7%, so the fund came out 4.7 points short of it."
  },
  {
   "q": "Why does GOU not return +2 times over a year?",
   "a": "Because it resets daily. GOU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get."
  },
  {
   "q": "Which +2x GOOGL ETF tracked its stated multiple most closely?",
   "a": "5 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the arithmetic."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}