AMDS — GraniteShares 1x Short AMD Daily ETF
This actively managed exchange-traded fund (ETF) is structured to provide the exact opposite daily return of its underlying stock, meaning it aims for a -100% reflection of the stock's daily percentage change. It achieves this by primarily utilizing swap agreements linked to the performance of that benchmark stock. The fund's advisor focuses on delivering this inverse daily performance for a single trading day.
Company profile
- Sector: Financial Services
- Industry: Asset Management
- Country: US
- Exchange: NASDAQ
Educational tool only — not investment advice.