GraniteShares 2x Long MRVL Daily ETF
MVLL
NASDAQ Global Select- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Mar 7, 2025
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 2x Long MRVL Daily ETF (MVLL) is an actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change in the share price of Marvell Technology, Inc. (NASDAQ: MRVL); the fund achieves this leveraged exposure through a combination of swaps, options on the underlying stock, and direct holdings in Marvell Technology shares, with daily rebalancing to maintain approximately 200% notional exposure to the underlying stock's performance. GraniteShares issues the MVLL ETF as part of its broader lineup of leveraged and alternative single-stock ETFs, including those providing 2x long exposure to companies such as NVIDIA, Coinbase, and Tesla; commodities products like physically backed gold and platinum funds; high-income strategies; and the Nasdaq Select Disruptors ETF targeting the top 50 disruptive U.S. large-cap companies. The fund, which does not pay dividends, targets sophisticated investors seeking amplified daily returns from Marvell Technology's performance in the semiconductor industry, with an expense ratio of 1.50% and total net assets of approximately $20.65 million as of recent data. Founded in 2016 by ETF industry veteran William Rhind and backed by Bain Capital Ventures, GraniteShares operates as a global ETF and ETP provider headquartered in New York City, with a registered office in London, United Kingdom, and listings across U.S. exchanges like NASDAQ, the London Stock Exchange, and markets in Europe and Asia including the UK, Italy, Germany, France, Hong Kong, South Korea, Japan, and India. The firm manages over $10.9 billion in assets under management as of September 2025, emphasizing innovative solutions such as collateralized short and leveraged single-stock exposures, commodity funds, high-yield income products, and bespoke thematic baskets like global renewables or sector-focused strategies. Launched on March 6, 2025, MVLL represents GraniteShares' expansion into leveraged single-stock ETFs tied to semiconductor leaders like Marvell Technology, amid surging trading volumes that propelled the firm's overall AUM past $4 billion earlier in 2024 and to over $11 billion by late 2025. In December 2025, GraniteShares introduced two new ETFs to its YieldBOOST lineup—GraniteShares YieldBOOST RIOT ETF (RTYY) and YieldBOOST HIMS ETF (HMYY)—which generate income via options strategies on 2x leveraged ETFs tracking Riot Platforms and Hims & Hers Health, building on the firm's systematic options approach applied to leveraged products and pushing the YieldBOOST suite's AUM beyond $649 million. These launches underscore GraniteShares' ongoing strategic focus on innovative, high-conviction themes in digital assets, health technology, and single-stock leverage amid robust growth in its alternative ETF offerings.