About GraniteShares 1.75x Long AAPL Daily ETF (AAPB)

GraniteShares 1.75x Long AAPL Daily ETF (AAPB) is an exchange-traded fund that seeks to provide investors with 1.75 times the daily return of the Apple Inc. (AAPL) stock. The ETF is designed for investors who have a bullish outlook on Apple and want to amplify their returns on a daily basis. With AAPB, investors can benefit from the potential upside of Apple's stock while managing their risk through diversification.

AAPB has a unique investment strategy that aims to achieve its objective through the use of derivatives, such as futures contracts and swaps. These derivatives allow the ETF to gain exposure to Apple's stock without actually owning the underlying securities. This approach allows investors to trade AAPB like any other stock, providing them with liquidity and flexibility. It's important to note that AAPB is a leveraged ETF, which means that it is designed to magnify the daily returns of Apple's stock. As a result, its performance will be different from Apple's stock over longer periods of time.