GraniteShares 2x Long AMD Daily ETF (AMDL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 2 times (200%) the daily percentage change of the common stock of Advanced Micro Devices, Inc. (NASDAQ: AMD); the fund utilizes derivatives including swaps to achieve its leveraged exposure and is intended for short-term trading rather than long-term holding due to daily reset and compounding effects. GraniteShares, the issuer and manager of AMDL, offers a broad suite of exchange-traded products encompassing leveraged and inverse single-stock ETFs on popular U.S., UK, and European equities; commodity-linked ETFs including those on gold, platinum, and other metals; high-income and disruptive technology strategies; and the YieldBOOST platform of options-income funds tied to high-growth themes. Founded in 2016 and headquartered in New York, the firm operates globally with listings on U.S. exchanges as well as major European venues in the UK, Italy, France, and Germany, targeting high-conviction investors in developed markets.
In recent developments, GraniteShares launched two new YieldBOOST fund-of-funds ETFs, YBST and YBTY, on December 16, 2025, expanding its options-income strategies to broader single-stock and high-yield universes; the firm also introduced RTYY and HMYY in early December 2025 focused on Riot Platforms and Hims & Hers Health, RGYY and QBY in late November 2025 targeting quantum technology, and PDDL, NOWL, and AVGU leveraged single-stock ETFs in July 2025. AMDL itself commenced trading on March 15, 2024, as part of GraniteShares' growing lineup of single-stock leveraged products, with the firm achieving over $11 billion in total assets under management by October 2025 amid strong demand for these innovative offerings. In May 2025, GraniteShares announced name changes and objective adjustments for select short and leveraged ETFs to align with +2x, -2x, or -1x daily targets on underlying stocks.