GraniteShares 2x Long QCOM Daily ETF
QCML
NASDAQ Global Select- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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
- Apr 3, 2025
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 2x Long QCOM Daily ETF (QCML) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 200% of the daily percentage change of the common stock of Qualcomm Inc. (NASDAQ: QCOM), a leading developer of wireless technologies and semiconductors. Launched on February 13, 2025, and listed on Nasdaq, QCML provides leveraged long exposure to QCOM's share price performance for short-term trading, with an expense ratio of 1.50%; it holds a concentrated portfolio typically including swaps, futures, and QCOM stock to achieve its objective. The fund operates as part of GraniteShares' broader suite of leveraged single-stock ETFs, alongside offerings like 2x Long DELL Daily ETF (DLLL) and 2x Long INTC Daily ETF (INTW), launched concurrently on the same date. GraniteShares, the issuer, founded in 2016 and headquartered at 222 Broadway, 21st Floor, New York, New York, specializes in innovative exchange-traded products including leveraged and inverse single-stock ETFs, commodities funds such as physically-backed gold and platinum, high-income strategies like YieldBOOST™, and disruptive technology exposures. The firm manages over $11 billion in assets under management as of October 2025, with global operations spanning the United States, United Kingdom, Europe (listings on London Stock Exchange and others in Italy, France, Germany), and Asia, targeting high-conviction institutional and retail investors seeking alternatives to traditional indices. Recent developments include GraniteShares surpassing $11 billion in AUM in October 2025, driven by demand for single-stock leveraged ETFs and YieldBOOST™ income products; multiple YieldBOOST™ launches such as RTYY (Riot Platforms), HMYY (Hims & Hers), RGYY (Rigetti Computing), QBY (D-Wave Quantum), MTYY (MicroStrategy), PLYY (Palantir), YBST (Single Stock Universe), and YBTY (TopYielders) in 2025, expanding options income strategies on high-growth themes. In December 2025, the firm introduced the 2x Long GOOGL Daily ETF (GOU), further broadening its leveraged single-stock lineup. No major acquisitions, funding rounds, or reorganizations were reported in the last 1-2 years, with growth fueled by organic product innovation and market expansion.