Frequently Asked Questions About INTW

What does INTW invest in?

This Exchange Traded Fund (ETF) is designed to provide daily investment performance that is double (200%) the day-to-day percentage change in the share price of Intel Corporation (NASDAQ: INTC), prior to the deduction of its own fees and expenses. It is crucial to understand that the fund's ability to consistently achieve this specific target cannot be guaranteed. Moreover, investors should not expect this ETF to generate a cumulative return of twice INTC's performance over durations longer than a single trading day.

What is the expense ratio of INTW?

GraniteShares 2x Long INTC Daily ETF (INTW) charges an expense ratio of 1.85%. This is the annual fee deducted from fund assets to cover management and operations.

Is INTW a good long-term hold?

INTW is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does INTW's daily reset work?

INTW rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is INTW?

GraniteShares 2x Long INTC Daily ETF (INTW) manages $309.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is INTW actively managed or an index fund?

INTW's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

INTW

GraniteShares 2x Long INTC Daily ETF

NASDAQ·Asset Management, Leveraged · Financial Services

$18.73$0.91−4.63%

Market closed·Aug 21 8:00 PM UTC

Price Chart

$18.73−$0.91 (−4.63%)today

+421.73%CAGR +196.01%

Select date range

FromTo

Feb 13, 2025Feb 13, 2025 → Aug 23, 2026· 1.5 yrsAug 23, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

DiversificationDiversification Tab

Holdings1

Top 10 Weight66.7%

Top 25 Weight66.7%

Effective Holdings1

Sectors2

Largest HoldingINTC · 66.7%

Largest SectorTechnology · 66.7%

Asset ClassLeveraged/Inverse

StrategyLeveraged

Cost & RiskExpenses Tab

Expense Ratio1.85%

Cost per 10k Invested$185

AUM$309.33M

Avg Daily Volume5.94M

Price$18.73

NAV$19.65

Premium / Discount−4.68%

52-Week Range$2.58 – $52.63

Beta4.26

Fund Overview

Cost Verdict

Is INTW's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: GraniteShares
Asset Class: Leveraged/Inverse
Strategy: Leveraged
Inception: February 13, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US38747R5533
CUSIP: 38747R553
Website: graniteshares.com/institutional/us/en-us/etfs/intw/

Peers

Peers Tab

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Latest News

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Frequently Asked Questions About INTW

What does INTW invest in?: This Exchange Traded Fund (ETF) is designed to provide daily investment performance that is double (200%) the day-to-day percentage change in the share price of Intel Corporation (NASDAQ: INTC), prior to the deduction of its own fees and expenses. It is crucial to understand that the fund's ability to consistently achieve this specific target cannot be guaranteed. Moreover, investors should not expect this ETF to generate a cumulative return of twice INTC's performance over durations longer than a single trading day.
What is the expense ratio of INTW?: GraniteShares 2x Long INTC Daily ETF (INTW) charges an expense ratio of 1.85%. This is the annual fee deducted from fund assets to cover management and operations.
Is INTW a good long-term hold?: INTW is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does INTW's daily reset work?: INTW rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is INTW?: GraniteShares 2x Long INTC Daily ETF (INTW) manages $309.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is INTW actively managed or an index fund?: INTW's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

GraniteShares 2x Long INTC Daily ETF

Frequently Asked Questions About INTW

GraniteShares 2x Long INTC Daily ETF

Price Chart

Key Metrics

Fund Overview

Peers

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