GraniteShares Launches Three New Leveraged Single-Stock ETFs: PDDL, NOWL, and AVGU
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 15 2025
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Source: Globenewswire
Launch of New ETFs: GraniteShares has launched three new leveraged single-stock ETFs—GraniteShares 2x Long PDD Daily ETF (PDDL), GraniteShares 2x Long NOW Daily ETF (NOWL), and GraniteShares 2x Long AVGO Daily ETF (AVGU)—which provide investors with daily leveraged exposure to the respective stocks of PDD Holdings, ServiceNow, and Broadcom.
Target Audience and Risks: These ETFs are designed for sophisticated investors seeking short-term trading opportunities, but they come with significant risks including potential loss of principal and volatility due to their leveraged nature.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
