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Micron earnings eyed by leveraged ETF tied to MU stock
The GraniteShares 2x Long MU Daily ETF charges a 150 bps fee and has returned 23.6% over the past month, while falling 29% over three months.
Micron Technology is set to report earnings on Wednesday, and ETF Trends highlights exchange-traded funds that provide targeted exposure to MU, using ETF Database’s ETF Stock Exposure tool.
One fund mentioned is the GraniteShares 2x Long MU Daily ETF (MULL), which aims to deliver 2x leveraged, tactical exposure to Micron’s share price moves.
ETF Trends notes MULL charges a 150 basis point fee, has returned 23.6% over the last month, and was down 29% over three months, based on ETF Database data at press time.
The article also frames the upcoming results as relevant to the AI-driven tech outlook, while focusing on how investors can size their exposure through the listed ETFs.