GraniteShares 2x Long DELL Daily ETF (DLLL) Performance
DLLL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +685.7% since Dec 31, 2025
- 1 year
- +397.2% total return
- Since first price
- +605.5% since 2025
DLLL trailing returns vs SPY, QQQ, AGG
| Period | DLLL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −34.2% | −34.2% | −1.0% | −5.0% | +0.9% |
| 3 months | −8.9% | −8.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +213.8% | +213.8% | +7.8% | +8.4% | −1.5% |
| YTD | +685.7% | +685.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +397.2% | +397.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionFeb 14, 2025 | +605.5% | +605.5% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: DLLL vs SPY
From Feb 14, 2025: DLLL grew to $70,552, SPY to $12,710.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
DLLL returns by calendar year
2026 is year to date.
DLLL annual returns table
| Year | DLLL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +685.7% | −43.7% | +12.3% | +15.1% | −1.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
DLLL largest drawdowns
Now 42.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 19, 2025 | −68.6% | Apr 4, 2025 | Jul 28, 2025 | 44 days | 5 months |
| Oct 8, 2025 | −57.2% | Feb 12, 2026 | Mar 25, 2026 | 4 months | 6 months |
| Sep 17, 2026 | −43.7% | Oct 16, 2026 | not yet | 29 days | 36 days so far |
| Jun 1, 2026 | −43.2% | Jul 29, 2026 | Sep 3, 2026 | 58 days | 3 months |
| Aug 12, 2025 | −28.3% | Sep 2, 2025 | Oct 1, 2025 | 21 days | 50 days |
| Mar 25, 2026 | −21.3% | Mar 30, 2026 | Apr 13, 2026 | 5 days | 19 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
DLLL risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +403.1% |
| Volatility (annualized) | 218.5% |
| Sharpe ratio | 1.30 |
| Sortino ratio | 6.51 |
| Best month | +258.3% |
| Worst month | −34.5% |
| Best 12 months | +870.4% |
| Worst 12 months | +45.5% |
| Positive months | 63% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
DLLL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 9 | +45.5% | +474.4% | +870.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
DLLL performance overview
GraniteShares 2x Long DELL Daily ETF (DLLL) returned +397.2% over the past year, with distributions reinvested. Since its first recorded price on Feb 14, 2025 it has returned +605.5%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −68.6%, from Feb 19, 2025 to Apr 4, 2025, and it took 4 months to get back to the old high. Volatility has been 218.5% a year.
Related: DLLL chart. See the DLLL overview for the latest quote and fund facts.
DLLL performance FAQ
What is the DLLL return over the past year?
DLLL returned +397.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 397.2%.
How much would $10,000 invested in DLLL be worth?
$10,000 invested in DLLL at its first recorded close on February 14, 2025 would be worth about $70,552 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of DLLL?
The largest peak-to-trough decline was −68.6% between February 19, 2025 and April 4, 2025. It recovered to the old high on July 28, 2025, 4 months after the bottom.
How volatile is DLLL?
Over the past history DLLL had an annualized volatility of 218.5% and a Sharpe ratio of 1.30 (excess return over 1–3 month T-bills per unit of risk).