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Shareholder Report
6 Months Ended
Dec. 31, 2024
USD ($)
Integer
Shareholder Report [Line Items]  
Document Type N-CSRS
Amendment Flag false
Registrant Name GraniteShares ETF Trust
Entity Central Index Key 0001689873
Entity Investment Company Type N-1A
Document Period End Date Dec. 31, 2024
GraniteShares 2x Long AAPL Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long AAPL Daily ETF
Class Name GraniteShares 2x Long AAPL Daily ETF
Trading Symbol AAPB
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]
 

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $67.50   1.15%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 67.50
Expense Ratio, Percent 1.15% [1]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 33.36% return.

 
Over the same period the common stock of Apple Inc (AAPL) had a return of 19.17% and the S&P 500 Index (the Benchmark) a return of 8.44%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]
   

Average Annual Total Returns

(as of December 31, 2024)

 
            Inception  
    6-month     1 Year      (Aug 08, 2022)  
NAV     33.36 %     47.19 %     21.77 %  
Price     33.52 %     47.25 %     21.77 %  
Benchmark     8.44 %     25.02 %     17.60 %  
                           
Performance Inception Date Aug. 08, 2022
Net Assets $ 24,321,072
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]
 

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 24,321,072  
Number of Portfolio Holdings     4  
Turnover     0 %
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Apple Inc (NASDAQ: AAPL).

 

The Fund may also invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
United States Treasury Bills 52.98%   United States Treasury Bills52.98%
AAPL Equity Swap 43.11%   Total Return Swap 43.11%
      Cash 3.91%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long AMD Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long AMD Daily ETF
Class Name GraniteShares 2x Long AMD Daily ETF
Trading Symbol AMDL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $40.23   1.09%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 40.23
Expense Ratio, Percent 1.09% [2]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a -53.41% return.

 
Over the same period the common stock of Advanced Micro Devices Inc. (AMD) had a return of -25.53% and the S&P 500 Index (the Benchmark) a return of 8.44%.
 
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

  

   

Average Annual Total Returns

(as of December 31, 2024)

 
           
        Inception  
    6-month   (March 15, 2024)  
NAV     -53.41 %     -69.36 %  
Price     -53.35 %     -69.36 %  
Benchmark     8.44 %     16.16 %  
                   
Performance Inception Date Mar. 15, 2024
Net Assets $ 299,093,195
Holdings Count | Integer 9
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 299,093,195  
Number of Portfolio Holdings     9  
Turnover     0 %
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Advanced Micro Devices Inc. (NASDAQ: AMD).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
AMD Equity Swap 62.77%   Total Return Swap62.77%
Cash 37.23%   Cash 37.23%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 1x Short AMD Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 1x Short AMD Daily ETF
Class Name GraniteShares 1x Short AMD Daily ETF
Trading Symbol AMDS
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $64.97   1.15%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 64.97
Expense Ratio, Percent 1.15% [3]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 24.69% return.

 
Over the same period the common stock of Advanced Micro Devices Inc. (AMD) had a return of -25.53% and the S&P 500 Index (the Benchmark) a return of 8.44%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
                   
            Inception  
    6-month     1 Year      (Aug 21, 2023)  
NAV     24.69 %     3.18 %     -20.90 %  
Price     24.76 %     3.11 %     -20.86 %  
Benchmark     8.44 %     25.02 %     25.55 %  
                           
Performance Inception Date Aug. 21, 2023
Net Assets $ 3,023,490
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 3,023,490  
Number of Portfolio Holdings     4  
Turnover     0 %
         

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Advanced Micro Devices Inc. (NASDAQ: AMD).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
United States Treasury Bill 65.61%   United States Treasury Bill65.61%
AMD Equity Swap 26.50%   Total Return Swap 26.50%
      Cash 7.89%
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long AMZN Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long AMZN Daily ETF
Class Name GraniteShares 2x Long AMZN Daily ETF
Trading Symbol AMZZ
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: infor@granitesha.res.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $63.06   1.15%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 63.06
Expense Ratio, Percent 1.15% [4]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 17.52% return.

 

Over the same period the common stock of Amazon.com (AMZN) had a return of 13.53% and the S&P 500 Index (the Benchmark) a return of 8.44%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
           
        Inception  
    6-month   (March 15, 2024)  
NAV     17.52 %     38.16 %  
Price     17.36 %     38.16 %  
Benchmark     8.44 %     16.16 %  
                   

 

Performance Inception Date Mar. 15, 2024
Net Assets $ 30,047,087
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 30,047,087  
Number of Portfolio Holdings     4  
Turnover     0 %
         

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Amazon.com (NASDAQ: AMZN).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
AMZN Equity Swap 50.88%   Total Return Swap50.88%
United States Treasury Bill 33.83%   Government 33.83%
      Cash 15.29%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long BABA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long BABA Daily ETF
Class Name GraniteShares 2x Long BABA Daily ETF
Trading Symbol BABX
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $64.78   1.15%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 64.78
Expense Ratio, Percent 1.15% [5]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 30, 2024, the Fund had a 23.31% return. 

 

Over the same period the ADR of Alibaba Group Holding Limited (BABA) had a return of 17.76% and the S&P 500 Index (the Benchmark) a return of 8.44%
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

                 
              Inception
      6-month     1 Year   (Dec 12, 2022)
NAV     23.31 %     1.13 %     -19.33 %
Price     23.31 %     1.07 %     -19.33 %
Benchmark     8.44 %     25.02 %     22.65 %
                         

 

Performance Inception Date Dec. 12, 2022
Net Assets $ 46,962,225
Holdings Count | Integer 5
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 46,962,225  
Number of Portfolio Holdings     5  
Turnover     0 %
         

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the ADR of Alibaba Group Holding Limited (NYSE: BABA).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
BABA Equity Swap 72.34%   Total Return Swap72.34%
Cash 27.66%   Cash 27.66%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
Class Name GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF
Trading Symbol COMB
Security Exchange Name NYSE
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

  

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $12.61   0.25%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 12.61
Expense Ratio, Percent 0.25% [6]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 0.23% return.

   
Over the same period the Bloomberg Commodity Index (the Benchmark) had a return of 0.23%.  
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee futures results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

 

Average Annual Return [Table Text Block]
   

Average Annual Total Returns

(as of December 31, 2024)

 
                       
                    Inception  
     6-month   1 Year   3 Years   5 Years   (May 19, 2017)  
NAV   0.23%   4.97%   3.47%   6.30%     4.00 %  
Price   0.33%   5.13%   3.43%   6.29%     4.02 %  
Benchmark   0.23%   5.38%   4.05%   6.77%     4.41 %  
                           

 

Performance Inception Date May 19, 2017
Net Assets $ 82,714,372
Holdings Count | Integer 32
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]
 

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 82,714,372  
Number of Portfolio Holdings   32  
Turnover     0  
         

Holdings [Text Block]

What does the Fund invest in?

 

While the Fund generally seeks exposure to the commodity futures markets included in the Bloomberg Commodity Index.

 

The Fund seeks to enhance its performance, in part through a cash management strategy consisting of investments in investment grade fixed income securities issued by various U.S. public sector or corporate entities

 

         
Top 10 Holdings     Sector Breakdown  
         
Futures 5.11%   ENERGY28.40%
Government T-bills 35.24%   PRECIOUS METALS 22.80%
Cash 4.63%   GRAINS 19.50%
      BASE METALS 15.70%
      SOFTS 8.20%
      LIVESTOCK 5.50%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 1x Short COIN Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 1x Short COIN Daily ETF
Class Name GraniteShares 1x Short COIN Daily ETF
Trading Symbol CONI
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $35.50   1.48%(a)  
(a)

 

Annualized

     
Expenses Paid, Amount $ 35.50
Expense Ratio, Percent 1.48% [7]
Factors Affecting Performance [Text Block]

How did the fund perform since inception?

 

Since inception on September 03, 2024, to December 31, 2024, the Fund had a -52.06% return.

 
Over the same period the common stock of Coinbase Global Inc. (NASDAQ: COIN) had a return of 52.13% and the S&P 500 Index (the Benchmark) a return of 6.85%
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
       
    Inception  
    (Sep 30, 2024)  
NAV     -52.06 %  
Price     -52.02 %  
Benchmark     6.85 %  
           

 

Performance Inception Date Sep. 30, 2024
Net Assets $ 4,607,007
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 4,607,007  
Number of Portfolio holding   $ 4  
Turnover     0%  

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Coinbase Global Inc. (NASDAQ: COIN).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)

    Sector Breakdown (as of December 31, 2024)  
         
COIN Equity Swap 50.05%   Total Return Swap50.05%
United States Treasury Bills 8.89%   Government T-bill 8.89%
   Cash 41.06%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long COIN Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long COIN Daily ETF
Class Name GraniteShares 2x Long COIN Daily ETF
Trading Symbol CONL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $47.17   1.06%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 47.17
Expense Ratio, Percent 1.06% [8]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a -22.32% return.

   
Over the same period the common stock of Coinbase Global Inc. (NASDAQ: COIN) had a return of 11.73% and the S&P 500 Index (the Benchmark) a return of 8.44%  
 
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
             
          Inception  
    6-month 1 Year   (Aug 08, 2022)  
NAV   -22.32%   -4.13 %     37.29 %  
Price   -22.40%   4.04 %     37.31 %  
Benchmark   8.44%   25.02 %     17.60 %  
                     
Performance Inception Date Aug. 08, 2022
Net Assets $ 913,038,858
Holdings Count | Integer 753,392
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)  

     
Total Net Assets   $ 913,038,858  
Number of Portfolio holding   $ 753,392  
Turnover     0%  
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Coinbase Global Inc. (NASDAQ: COIN).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

         
Top 10 Holdings (as of December 31, 2024)

    Sector Breakdown (as of December 31, 2024)  
         
COIN Equity Swap 72.23%   Total Return Swap72.23%
United States Treasury Bills 10.53%   Government T-bill 10.53%
Cash 17.24%    Cash 17.24%
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long CRWD Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long CRWD Daily ETF
Class Name GraniteShares 2x Long CRWD Daily ETF
Trading Symbol CRWL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $19.40   1.49%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 19.40
Expense Ratio, Percent 1.49% [9]
Factors Affecting Performance [Text Block]

 

How did the fund perform since inception?

 

Since inception on November 11, 2024, to December 31, 2024, the Fund had a -5.25% return.

 
Over the same period the common stock of CrowdStrike Holdings Inc. (NASDAQ: CRWD) had a return of -0.39% and the S&P 500 Index (the Benchmark) a return of -1.78%.
 
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
       
    Inception  
    (Aug 08, 2022)  
NAV     -5.25 %  
Price     -5.33 %  
Benchmark     -1.78 %  
           
Performance Inception Date Aug. 08, 2022
Net Assets $ 5,205,172
Holdings Count | Integer 3
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)

     
Total Net Assets   $ 5,205,172  
Number of Portfolio holding   $ 3  
Turnover     0%  
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of CrowdStrike Holdings Inc. (NASDAQ: CRWD).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)

    Sector Breakdown (as of December 31, 2024)  
         
COIN Equity Swap 69.57%   Total Return Swap69.57%
  Cash  30.43%
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares Nasdaq Select Disruptors ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares Nasdaq Select Disruptors ETF
Class Name GraniteShares Nasdaq Select Disruptors ETF
Trading Symbol DRUP
Security Exchange Name NYSE
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $31.11   0.60%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 31.11
Expense Ratio, Percent 0.60% [10]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 6.02% return.

 Over the same period the Benchmark had a return of 6.37%. 

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]
Average Annual Total Returns
(as of December 31, 2024)
                         
                  Inception
    6-month   1 Years   3 Years     5 Years     (Oct 04, 2019)
NAV     6.02 %     23.05 %          8.01 %     15.38 %     16.99 %
Price     6.08 %     23.15 %     7.98 %     15.38 %     17.00 %
Benchmark     6.37 %     23.67 %     8.83 %     16.11 %     17.86 %
                                         
Performance Inception Date Oct. 04, 2019
Net Assets $ 59,360,485
Holdings Count | Integer 51
Investment Company, Portfolio Turnover 28.30%
Additional Fund Statistics [Text Block]

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 59,360,485  
Number of Portfolio Holdings   51  
Turnover     28.3 %
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its assets (exclusive of collateral held from securities lending) in the securities included in the Nasdaq US Large Cap Select Disruptors Index.

 

         
Top 10 Holdings     Sector Breakdown  
         
Microsoft Corp. 9.89%   Technology 54.78%
Broadcom, Inc. 7.06%   Communications 22.35%
Alphabet, Inc. 6.86%   Consumer - non-cyclical 21.93%
Meta Platforms, Inc. 6.35%   Industrial 0.94%
Eli Lilly & Co. 4.51%      
Salesforce, Inc. 3.30%      
Johnson & Johnson 3.29%      
Merck & Co., Inc. 2.89%      
ServiceNow, Inc. 2.75%      
Palantir Technologies, Inc. 2.55%      
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the year.

GraniteShares 2x Long META Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long META Daily ETF
Class Name GraniteShares 2x Long META Daily ETF
Trading Symbol FBL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $64.84   1.15%(a)

 

 

         
(a) Annualized

     
Expenses Paid, Amount $ 64.84
Expense Ratio, Percent 1.15% [11]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 23.45% return.

 Over the same period the common stock of Meta Platforms Inc (NASDAQ: META) had a return of 16.33% and the S&P 500 Index (the Benchmark) a return of 8.44%

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

                 
                Inception
      6-month     1 Year   (Dec 12, 2022)
NAV     23.45 %     112.54 %     206.23 %
Price     23.64 %     112.74 %     206.41 %
Benchmark     8.44 %     25.02 %     22.65 %
                         
Performance Inception Date Dec. 12, 2022
Net Assets $ 128,226,666
Holdings Count | Integer 6
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 128,226,666  
Number of Portfolio Holdings   6  
Turnover     0 %
         
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Meta Platforms Inc. (NASDAQ: META).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
META Equity Swap 55.64%   Total Return Swap55.64%
United States Treasury Bills 32.53%   Government T-Bill 32.53%
      Cash 11.83%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the year.

GraniteShares HIPS US High Income ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares HIPS US High Income ETF
Class Name GraniteShares HIPS US High Income ETF
Trading Symbol HIPS
Security Exchange Name NYSE
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

 

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $36.23   0.70%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 36.23
Expense Ratio, Percent 0.70% [12]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 5.70% return.

 
Over the same period the Benchmark had a return of 6.22%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]
Average Annual Total Returns
(as of December 31, 2024)
                         
                  Inception
    6-month   1 Years   3 Years     5 Years     (Jan 05, 2015)
NAV     5.70 %     14.04 %          4.62 %     4.39 %     4.25 %
Price     5.70 %     13.38 %     4.55 %     4.40 %     4.34 %
Benchmark     6.22 %     15.00 %     5.35 %     5.09 %     4.99 %
                                         
Performance Inception Date Jan. 05, 2015
Net Assets $ 98,905,636
Holdings Count | Integer 42
Investment Company, Portfolio Turnover 70.30%
Additional Fund Statistics [Text Block]

 

 

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 98,905,636  
Number of Portfolio Holdings     42  
Turnover     70.3 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund attempts to invest all, or substantially all, of its assets in the securities that make up the EQM High Income Pass-Through Securities Index.

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
United States Treasury Bills 28.79%   Financial 33.84%
Outfront Media, Inc.   1.80%   Government 28.79%
Goldman Sachs BDC, Inc.   1.80%   Closed End Funds 19.59%
Morgan Stanley Emerging   Energy 17.78%
Markets Domestic Debt Fund, Inc. 1.80%      
Alliance Resource Partners LP 1.80%      
Global Net Lease, Inc. 1.79%      
MFA Financial Inc 1.79%      
Morgan Stanley Emerging        
Markets Debt Fund, Inc.  1.79%      
Ready Capital Corp.  1.79%      
Franklin, Ltd. Duration        
Income Trust  1.79%      

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long MSFT Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long MSFT Daily ETF
Class Name GraniteShares 2x Long MSFT Daily ETF
Trading Symbol MSFL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

 

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $53.16   1.15%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 53.16
Expense Ratio, Percent 1.15% [13]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a -16.14% return.

 
Over the same period the common stock of Microsoft Corp. (NASDAQ: MSFT) had a return of - 5.34% and the S&P 500 Index (the Benchmark) a return of 8.44%
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results
Line Graph [Table Text Block]

 

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

 

Average Annual Total Returns

(as of December 31, 2024)

 
               
          Inception  
    6-month   (Mar 15, 2024)  
NAV     -16.14 %     -6.92 %  
Price     -16.20 %     -6.92 %  
Benchmark     8.44 %     16.16 %  
                   
Performance Inception Date Mar. 15, 2024
Net Assets $ 17,916,383
Holdings Count | Integer 3
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 17,916,383  
Number of Portfolio Holdings     3  
Turnover     0 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Microsoft Corp. (NASDAQ: MSFT).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
MSFT Equity Swap 79.19%   Total Return Swap79.19%
      Cash 20.81%
         
Material Fund Change [Text Block]

 

Material Fund Changes

 

There were no material fund changes during the year.

GraniteShares 2x Long MU Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long MU Daily ETF
Class Name GraniteShares 2x Long MU Daily ETF
Trading Symbol MULL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

 

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $15.19   1.47%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 15.19
Expense Ratio, Percent 1.47% [14]
Factors Affecting Performance [Text Block]

 

 

How did the fund perform since inception?

 

Since inception on November 11, 2024, to December 31, 2024, the Fund had a -45.21% return.

 
Over the same period the common stock of Micron Technology Inc. (NASDAQ: MU) had a return of - 19.05% and the S&P 500 Index (the Benchmark) a return of -1.78%.
 
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

 

Average Annual Total Returns

(as of December 31, 2024)

     
    Inception
    (Nov 11, 2024)
NAV     -45.21 %
Price     -45.21 %
Benchmark     1.78 %
         
Performance Inception Date Nov. 11, 2024
Net Assets $ 2,598,439
Holdings Count | Integer 3
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics  

(as of December 31, 2024)

     
Total Net Assets   $ 2,598,439  
Number of Portfolio Holdings     3  
Turnover     0 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Micron Technology Inc. (NASDAQ: MU).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
MU Equity Swap 66.04%   Total return Swap66.04%
  Cash 33.96%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Short NVDA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Short NVDA Daily ETF
Class Name GraniteShares 2x Short NVDA Daily ETF
Trading Symbol NVD
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

 

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $59.84   1.50%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 59.84
Expense Ratio, Percent 1.50% [15]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a -40.78% return.

 
Over the same period the common stock of NVIDIA Corp (NASDAQ: NVDA) had a return of 8.72% and the S&P 500 Index (the Benchmark) a return of 8.44%
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

 

Average Annual Total Returns

(as of December 31, 2024)

             
            Inception
    6-month    1 Year   (Aug 21, 2023)
NAV   -40.78%   -93.13%     -87.24 %
Price   -40.99%   -93.12%     -87.23 %
Benchmark   8.44%   25.02%     25.55 %
                 
Performance Inception Date Aug. 21, 2023
Net Assets $ 78,357,346
Holdings Count | Integer 5
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics  

(as of December 31, 2024)

     
Total Net Assets   $ 78,357,346  
Number of Portfolio Holdings     5  
Turnover     0  
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of NVIDIA Corp. (NASDAQ: NVDA).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
NVDA Equity Swap 57.28%   Total return Swap57.28%
  Cash 42.72%
         

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long NVDA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long NVDA Daily ETF
Class Name GraniteShares 2x Long NVDA Daily ETF
Trading Symbol NVDL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000 Investment   Cost paid as % of a $10,000 investment  
         
  $51.27   1.04%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 51.27
Expense Ratio, Percent 1.04% [16]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months?

 

During the period of June 30, 2024, to December 31, 2024, the Fund had -4.56% return.

 
Over the same period the common stock of NVIDIA Corp. (NASDAQ: NVDA) had a return of 8.72% and the S&P 500 Index (the Benchmark) a return of 8.44%
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee futures results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
                   
            Inception  
     6-month     1 Year      (Dec 12, 2022)  
NAV     -4.56 %     344.98 %     306.23 %  
Price     -4.64 %     344.37 %     306.96 %  
Benchmark     8.44 %     25.02 %     22.65 %  
                           
Performance Inception Date Dec. 12, 2022
Net Assets $ 5,367,723,177
Holdings Count | Integer 24
Investment Company, Portfolio Turnover 364.20%
Additional Fund Statistics [Text Block]

Fund Statistics

(as of December 31, 2024)

     
     
     
Total Net Assets   $ 5,367,723,177  
Number of Portfolio Holdings     24  
Turnover     364.2 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of NVIDIA Corp. (NASDAQ: NVDA).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings     Sector Breakdown  
         
NVDA Equity Swap 65.76%   Total return Swap 65.76%
United States Treasury Bills 27.76%   Government 27.76%
Cash 6.50%   Cash 6.50%
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the year.

GraniteShares 2x Long PLTR Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long PLTR Daily ETF
Class Name GraniteShares 2x Long PLTR Daily ETF
Trading Symbol PTIR
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $105.59   1.04%(a)

 

 

(a) Annualized

     
Expenses Paid, Amount $ 105.59
Expense Ratio, Percent 1.04% [17]
Factors Affecting Performance [Text Block]

 

How did the fund perform since inception?

 

Since inception on September 03, 2024, to December 31, 2024, the Fund had a 424.38% return.

 
Over the same period the common stock of Palantir Technologies Inc. (NASDAQ: PTLR) had a return of 147.24% and the S&P 500 Index (the Benchmark) a return of 6.85%.

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

     
    Inception
    (Sep 03, 2024)
NAV     424.38 %
Price     424.52 %
Benchmark     6.85 %
         
Performance Inception Date Sep. 03, 2024
Net Assets $ 78,357,346
Holdings Count | Integer 9
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)

     
     
     
Total Net Assets   $ 78,357,346  
Number of Portfolio Holdings     9  
Turnover     0 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Palantir Technologies Inc. (NASDAQ: PTLR).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

         
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)  
         
PLTR Equity Swap 64.21%   Total return Swap64.21%
United States Treasury Bills 23.79%   Government T-bill 23.79%
      Cash 12.00%
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long SMCI Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long SMCI Daily ETF
Class Name GraniteShares 2x Long SMCI Daily ETF
Trading Symbol SMCL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $6.72   1.48%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 6.72
Expense Ratio, Percent 1.48% [18]
Factors Affecting Performance [Text Block]

 

How did the fund perform since inception?

 

Since inception on December 11, 2024, to December 31, 2024, the Fund had a -40.56% return.

 
Over the same period the common stock of Super Micro Computer Inc. (NASDAQ: SMCI) had a return of -19.64% and the S&P 500 Index (the Benchmark) a return of -3.26%.

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee futures results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

     
    Inception
    (Dec 11, 2024)
NAV     -40.56 %
Price     -40.68 %
Benchmark     -3.26 %
         
Performance Inception Date Dec. 11, 2024
Net Assets $ 78,357,346
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)

     
Total Net Assets   $ 78,357,346  
Number of Portfolio Holdings     4  
Turnover     0 %
         
Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Super Micro Computer Inc. (NASDAQ: SMCI).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements +

 

         
Top 10 Holdings     Sector Breakdown  
         
SMCI Equity Swap 53.08%   Total Return Swap53.08%
United States Treasury Bills 29.91%   Government T-bill 29.91%
      Cash 17.01%
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Short TSLA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Short TSLA Daily ETF
Class Name GraniteShares 2x Short TSLA Daily ETF
Trading Symbol TSDD
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $37.68   0.94%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 37.68
Expense Ratio, Percent 0.94% [19]
Factors Affecting Performance [Text Block]

 

How did the fund perform for the last 6 months

 

Since the period of June 30, 2024, to December 31, 2024, the Fund had a -89.18% return.

 
Over the same period the common stock of Tesla Inc. (NASDAQ: TSLA) had a return of 104.08% and the S&P 500 Index (the Benchmark) a return of 8.44%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

 

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

                 
            Inception
     6-month     1 Year      (Aug 21, 2023)
NAV     -89.18 %     -89.22 %     -83.61 %
Price     -89.18 %     -89.22 %     -83.61 %
Benchmark     8.44 %     25.02 %     25.55 %
Performance Inception Date Aug. 21, 2023
Net Assets $ 47,968,862
Holdings Count | Integer 5
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics

(as of December 31, 2024)

     
     
     
Total Net Assets   $ 47,968,862  
Number of Portfolio Holdings     5  
Turnover     0 %

 

Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc.

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

           
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)
           
TSLA Equity Swap 57.57%     Total Return Swaps57.57%
Cash 42.43%     Cash 42.43%
           
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the year.

GraniteShares 1.25x Long TSLA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 1.25x Long TSLA Daily ETF
Class Name GraniteShares 1.25x Long TSLA Daily ETF
Trading Symbol TSL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $96.57   1.16%(a)  
(a) Annualized

     

Expenses Paid, Amount $ 96.57
Expense Ratio, Percent 1.16% [20]
Factors Affecting Performance [Text Block]

How did the fund perform for the last 6 months

 

Since June 30, 2024, to December 31, 2024, the Fund had a 131.33% return.

 

Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of 104.08% and the S&P 500 Index (the Benchmark) a return of 8.44%.
Performance Past Does Not Indicate Future [Text] Past performance does not guarantee futures results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

                 
            Inception
    6-month     1 Year     (Aug 09, 2022)
NAV     131.33 %     64.31 %     5.38 %
Price     131.20 %     64.36 %     5.36 %
Benchmark     8.44 %     25.02 %     17.60 %
Performance Inception Date Aug. 09, 2022
Net Assets $ 22,614,211
Holdings Count | Integer 4
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 22,614,211  
Number of Portfolio Holdings     4  
Turnover     0 %

 

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc.

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

           
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)
           
United States Treasury Bills 47.63%     Government47.63%
TSLA Equity Swap 45.09%     Total Return Swap 45.09%
        Cash 7.28%
           
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long TSLA Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long TSLA Daily ETF
Class Name GraniteShares 2x Long TSLA Daily ETF
Trading Symbol TSLR
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

  

What were the fund’s costs for the last 6 months?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $98.74   0.96%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 98.74
Expense Ratio, Percent 0.96% [21]
Factors Affecting Performance [Text Block]

 

 

How did the fund perform for the last 6 months

 

During the period of June 30, 2024, to December 31, 2024, the Fund had a 210.34% return.

 
Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of 104.08% and the S&P 500 Index (the Benchmark) a return of 8.44%

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
                   
            Inception  
     6-month     1 Year     (Aug 09, 2022)  
NAV     210.34 %     67.82 %     49.56 %  
Price     210.04 %     67.65 %     49.53 %  
Benchmark     8.44 %     25.02 %     25.55 %  
Performance Inception Date Aug. 09, 2022
Net Assets $ 185,030,188
Holdings Count | Integer 7
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics

(as of December 31, 2024)

     
Total Net Assets   $ 185,030,188  
Number of Portfolio Holdings     7  
Turnover     0 %
Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Tesla Inc (NASDAQ: TSLA).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements

 

           
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)
           
United States Treasury Bill 53.17%     Government53.17%
TSLA Equity Swap 46.83%     Total Return Swap 46.83%
           

Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long TSM Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long TSM Daily ETF
Class Name GraniteShares 2x Long TSM Daily ETF
Trading Symbol TSMU
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

         
  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $19.76   1.48%(a)  
(a) Annualized

     
Expenses Paid, Amount $ 19.76
Expense Ratio, Percent 1.48% [22]
Factors Affecting Performance [Text Block]

 

How did the fund perform since inception?

 

Since inception on November 11, 2024, to December 31, 2024, the Fund had a 0.20% return.

 
Over the same period the ADR of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) had a return of 3.31% and the S&P 500 Index (the Benchmark) a return of -1.78%

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

 

Average Annual Total Returns

(as of December 31, 2024)

 
       
    Inception  
    (Nov 11, 2024)  
NAV     0.20 %  
Price     0.20 %  
Benchmark     -1.78 %  
Performance Inception Date Nov. 11, 2024
Net Assets $ 2,251,392
Holdings Count | Integer 3
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

 

Fund Statistics  

(as of December 31, 2024)

   
     
Total Net Assets   $ 2,251,392  
Number of Portfolio Holdings     3  
Turnover     0 %

 

Holdings [Text Block]

 

 

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the ADR of Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.

 

           
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)
           
TSM Equity Swap 67.18%     Total Return Swap67.18%
        Cash 32.82%
           
Material Fund Change [Text Block]

 

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares YieldBOOST TSLA ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares YieldBOOST TSLA ETF
Class Name GraniteShares YieldBOOST TSLA ETF
Trading Symbol TSYY
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs since inception?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $4.08   1.15%(a)  
         
(a) Annualized      
Expenses Paid, Amount $ 4.08
Expense Ratio, Percent 1.15% [23]
Factors Affecting Performance [Text Block]

How did the fund perform since inception?

 

Since inception on December 18, 2024, to December 31, 2024, the Fund had a -0.19% return.

 Over the same period the common stock of TSLA Inc. (NASDAQ: TSLA) had a return of -8.25% and the S&P 500 Index (the Benchmark) a return of 0.20%.

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
       
    Inception  
    (Dec 18, 2024)  
NAV     -0.19 %  
Price     -3.90 %  
Benchmark     0.20 %  
Performance Inception Date Dec. 18, 2024
Net Assets $ 719,213
Holdings Count | Integer 1
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)

     
Total Net Assets   $ 719,213  
Number of Portfolio Holdings     1  
Turnover     0 %

 

Holdings [Text Block]

What does the Fund invest in?

 

The Fund sells put options contracts, either directly or through swap contracts, on the leveraged TSLA ETF and for which it will receive a premium. The put options contracts sold by the Fund may vary in regard to their strike prices from 40% out-of-the-money to 10% in-the-money and their maturity from 1-week to 1-month.

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.

 

         
Top 10 Holdings (as of December 31, 2024)   Sector Breakdown (as of December 31, 2024)
         
United States Treasury Bill 100.00%   Government100.00%
         
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

GraniteShares 2x Long UBER Daily ETF  
Shareholder Report [Line Items]  
Fund Name GraniteShares 2x Long UBER Daily ETF
Class Name GraniteShares 2x Long UBER Daily ETF
Trading Symbol UBRL
Security Exchange Name NASDAQ
Shareholder Report Annual or Semi-Annual Semi-Annual Shareholder Report
Additional Information [Text Block]

If you wish to view additional information about the Fund, including but not limited to the financial statements and holdings, please visit www.graniteshares.com

 

Phone: (844) 476 8747 – email: info@graniteshares.com

Additional Information Phone Number (844) 476 8747
Additional Information Email info@graniteshares.com
Additional Information Website www.graniteshares.com
Expenses [Text Block]

What were the fund’s costs for the since inception?

 

(based on hypothetical $10,000 investment)

 

  Cost of a $10,000
Investment
  Cost paid as % of a
$10,000 investment
 
         
  $29.75   1.12%(a)  
         
(a)

Annualized

     
Expenses Paid, Amount $ 29.75
Expense Ratio, Percent 1.12% [24]
Factors Affecting Performance [Text Block]

How did the fund perform since inception?

 

Since inception on September 03, 2024, to December 31, 2024, the Fund had a -35.81% return.

 Over the same period the common stock of Uber Technologies Inc. (NYSE: UBER) had a return of - 15.66% and the S&P 500 Index (the Benchmark) a return of 6.85%.

 

Performance Past Does Not Indicate Future [Text] Past performance does not guarantee future results.
Line Graph [Table Text Block]

How did the fund perform since inception

 

The $10,000 chart reflects a hypothetical $10,000 investment in the Fund. The chart uses total return NAV performance and assumes reinvestment of dividend and capital gains. The NAV performance includes all fund expenses.

 

 

Average Annual Return [Table Text Block]

Average Annual Total Returns

(as of December 31, 2024)

 
       
    Inception  
    (Sep 03, 2024)  
NAV     -35.81 %  
Price     -35.80 %  
Benchmark     6.85 %  
Performance Inception Date Sep. 03, 2024
Net Assets $ 18,770,634
Holdings Count | Integer 3
Investment Company, Portfolio Turnover 0.00%
Additional Fund Statistics [Text Block]

Fund Statistics  

(as of December 31, 2024)

   
     
Total Net Assets   $ 18,770,634  
Number of Portfolio Holdings     3  
Turnover     0 %

Holdings [Text Block]

What does the Fund invest in?

 

The Fund enters into financial instruments such as swaps and options on the common stock of Uber Technologies Inc. (NYSE: UBER).

 

The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Fund’s swap agreements.

 

           
Top 10 Holdings (as of December 31, 2024)     Sector Breakdown (as of December 31, 2024)
           
UBER Equity Swap 69.46%     Total Return Swap69.46%
        Cash30.54%
           
Material Fund Change [Text Block]

Material Fund Changes

 

There were no material fund changes during the period.

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