(AMZZ) GraniteShares 2x Long AMZN - Overview

ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 54m USD | Total Return: 53.4% in 12m

Leveraged Swaps, Options, Common Stock
Total Rating 47
Safety 53
Buy Signal 0.42
Trading--Leveraged Equity
Category Rotation: -5.2
TER: 1.15%
AUM: 53.8M
Avg Turnover: 6.19M
Risk 3d forecast
Volatility54.3%
VaR 5th Pctl9.55%
VaR vs Median-2.26%
Reward TTM
Sharpe Ratio0.95
Rel. Str. IBD86.1
Rel. Str. Peer Group62.4
Character TTM
Beta3.206
Beta Downside3.326
Hurst Exponent0.625
Drawdowns 3y
Max DD55.28%
CAGR/Max DD0.48
CAGR/Mean DD1.30

Warnings

Choppy

Tailwinds

Supp Ema20

Description: AMZZ GraniteShares 2x Long AMZN

The GraniteShares 2x Long AMZN Daily ETF (AMZZ) is an actively managed, non-diversified fund designed to provide 200% of the daily price performance of Amazon.com, Inc. common stock. The fund achieves this leveraged exposure through a combination of financial derivatives, primarily swap agreements and options, alongside direct equity holdings.

Amazon operates as a global leader in e-commerce and cloud computing, maintaining a business model centered on high-volume retail logistics and scalable IT infrastructure via Amazon Web Services (AWS). The consumer discretionary and technology sectors are characterized by significant sensitivity to interest rate shifts and consumer spending trends, which can amplify the volatility of leveraged instruments.

Investors should examine the fundamental metrics of the underlying asset on ValueRay to better understand the risks associated with daily rebalancing. Due to the effects of compounding, the fund’s performance over periods longer than a single day may differ significantly from the performance of the underlying stock.

Headlines to Watch Out For
  • AWS revenue growth and operating margins influence underlying AMZN valuation
  • E-commerce sales volume and logistics costs impact core retail profitability
  • Leveraged swap exposure amplifies daily volatility of underlying Amazon shares
  • Federal interest rate shifts affect cost of swap financing agreements
  • Antitrust litigation and regulatory scrutiny pose risks to market capitalization
What is the price of AMZZ shares?

As of May 29, 2026, the stock is trading at USD 41.56 with a total of 116,886 shares traded.
Over the past week, the price has changed by +6.66%, over one month by +10.63%, over three months by +64.42% and over the past year by +53.43%.

Is AMZZ a buy, sell or hold?

GraniteShares 2x Long AMZN has no consensus analysts rating.