See what your fund actually adds
GraniteShares 2x Long SpaceX Daily ETF SPAL
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | SPAL | Replication |
|---|---|---|
| Annualized growth | -54.9% | 13.8% |
| Annualized volatility | 117.8% | 22.8% |
| Sharpe ratio | -0.14 | 0.68 |
| Maximum drawdown | 56.9% | 5.7% |
| Replication fit (R²) | 0.22 · Tracking error 103.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model SPAL’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 100.0% |