About GraniteShares 1.5x Long Meta Daily ETF (FBL)

The GraniteShares 1.5x Long Meta Daily ETF (FBL) is an exchange-traded fund that aims to provide investors with 1.5 times the daily return of the Meta Daily Index. The Meta Daily Index tracks the performance of a basket of companies operating in the metal industry, including mining, refining, and manufacturing. By seeking to amplify the daily returns of this index, FBL offers a way for investors to potentially enhance their exposure to the metal industry.

FBL's price history reflects the performance of the underlying index. Investors can evaluate the fund's performance over time to assess its historical returns and volatility. It is important to note that FBL is designed to provide amplified daily returns and may not be suitable for long-term investment strategies due to the compounding effect. Investors looking for exposure to the metal industry in a short-term context may find FBL appealing.