
See exactly how UBRL's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
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This GraniteShares 2x Long Uber Daily ETF (UBRL) endeavors to produce daily investment returns, before accounting for any associated fees and expenses, that are double (200%) the daily percentage change in the common stock of Uber Technologies Inc. (NASDAQ: UBER). It is important for investors to recognize that meeting this stated goal cannot be guaranteed. Furthermore, this fund is explicitly not designed to provide two times the cumulative return of Uber's stock over periods longer than a single day.