SNK
StockGraniteShares 2x Short SpaceX Daily ETF
One email when a drop — in price or in valuation — is historically rare for SNK. Otherwise we stay quiet.
This is the kind of decline worth waking up for.
GraniteShares 2x Short SpaceX Daily ETF is 60.4% off its high — among the deepest declines in its recorded history.
Extreme
Current Drawdown
-60.4%
Days in Drawdown
32
Avg Max Drawdown
7.9%
Avg Length
3
Drawdown Severity Score™
10.3
SNK - Price & High Water Mark
SNK - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
GraniteShares 2x Short SpaceX Daily ETF (SNK) Analysis: Current Drawdown Insights
GraniteShares 2x Short SpaceX Daily ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-09-03, the stock is trading at $15.17, which represents a 60.4% decline from its all-time high of $38.30. This drawdown has persisted for 32 days.
Based on its full tracked price history, GraniteShares 2x Short SpaceX Daily ETF typically experiences drawdowns averaging 7.9% in depth, with an average duration of 3 days. GraniteShares 2x Short SpaceX Daily ETF has gone through 7 total drawdown events in its tracked history. The largest drawdown on record for GraniteShares 2x Short SpaceX Daily ETF was 22.0%, beginning in 2026. The longest drawdown duration on record was 10 days.
The Drawdown Severity Score™ for GraniteShares 2x Short SpaceX Daily ETF currently stands at 10.30. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.
Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing GraniteShares 2x Short SpaceX Daily ETF's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.
📜 Historical Drawdown Events
Current drawdown shown in blue. Showing the most recent and the deepest of 7 tracked pullbacks (7 listed).
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-08-02 | Ongoing | 32 days | -60.4% | $38.30 | $15.17 | n/a |
| 2026-07-28 | 2026-07-29 | 2 days | -5.5% | $35.16 | $33.23 | $35.50 |
| 2026-07-23 | 2026-07-24 | 2 days | -4.9% | $34.24 | $32.57 | $34.27 |
| 2026-07-21 | 2026-07-22 | 2 days | -5.8% | $32.16 | $30.31 | $34.24 |
| 2026-07-09 | 2026-07-10 | 2 days | -5.1% | $21.67 | $20.56 | $22.37 |
| 2026-06-29 | 2026-07-08 | 10 days | -22.0% | $21.66 | $16.90 | $21.67 |
| 2026-06-23 | 2026-06-24 | 2 days | -1.9% | $21.16 | $20.76 | $21.16 |
| 2026-06-16 | 2026-06-18 | 3 days | -10.4% | $15.25 | $13.67 | $15.97 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
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Or explore current drawdowns:
GraniteShares 2x Short SpaceX Daily ETF (SNK) is trading at $15.17 as of Sep 3, 2026. It is 60.4% below its high of $38.30. The drawdown has lasted 32 days. Severity score: 10.3 (Extreme).
SNK Price History and Drawdown Data
Latest price
$15.17
High-water mark
$38.30
Current drawdown
-60.4%
Days in drawdown
32
This SNK page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior GraniteShares 2x Short SpaceX Daily ETF drawdowns.
What History Says About SNK
GraniteShares 2x Short SpaceX Daily ETF has dropped 5%+ from its high 5 times in its tracked history. These events lasted an average of 4 days with an average max drop of -9.7%.
The current drawdown of -60.4% has lasted 32 days, which is 8.0x the average duration of comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jun 2026 to Jul 2026 | -22.0% | 10 days |
| Jun 2026 to Jun 2026 | -10.4% | 3 days |
| Jul 2026 to Jul 2026 | -5.8% | 2 days |
| Jul 2026 to Jul 2026 | -5.5% | 2 days |
| Jul 2026 to Jul 2026 | -5.1% | 2 days |
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