Frequently Asked Questions About LCDL

What does LCDL invest in?

This Fund aims to deliver twice the daily performance of Lucid Group Inc. (LCID) common stock. Specifically, it targets daily returns that are two hundred percent (200%) of LCID's daily price movement, prior to accounting for fees and expenses. However, investors should be aware that achieving this objective is not guaranteed. Crucially, the ETF is structured for daily performance and is not intended to replicate double the cumulative return of LCID over periods exceeding a single trading day.

What is the expense ratio of LCDL?

GraniteShares 2x Long LCID Daily ETF (LCDL) charges an expense ratio of 4.67%. This is the annual fee deducted from fund assets to cover management and operations.

Is LCDL a good long-term hold?

LCDL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does LCDL's daily reset work?

LCDL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is LCDL?

GraniteShares 2x Long LCID Daily ETF (LCDL) manages $4.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is LCDL actively managed or an index fund?

LCDL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

LCDL (GraniteShares 2x Long LCID Daily ETF) is no longer actively trading.

This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.

LCDL

GraniteShares 2x Long LCID Daily ETF

NASDAQ·Asset Management, Leveraged · Financial Services

$0.29$0.00+0.00%

Market closed·Jul 15 8:00 PM UTC

Price Chart

$0.29+$0.00 (+0.00%)today

−98.85%CAGR −96.50%

Select date range

FromTo

Apr 22, 2025Apr 22, 2025 → Aug 22, 2026· 1.3 yrsAug 22, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio4.67%

Cost per 10k Invested$467

AUM$4.07M

Avg Daily Volume3.61M

Price$0.29

NAV$0.59

Premium / Discount−51.25%

52-Week Range$0.04 – $33.60

Beta−0.95

Fund Overview

Cost Verdict

Is LCDL's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: GraniteShares
Asset Class: Equity
Strategy: Leveraged
Inception: April 21, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US38747R4882
CUSIP: 38747R488
Website: graniteshares.com/institutional/us/en-us/etfs/lcdl/

Peers

Peers Tab

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Latest News

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Frequently Asked Questions About LCDL

What does LCDL invest in?: This Fund aims to deliver twice the daily performance of Lucid Group Inc. (LCID) common stock. Specifically, it targets daily returns that are two hundred percent (200%) of LCID's daily price movement, prior to accounting for fees and expenses. However, investors should be aware that achieving this objective is not guaranteed. Crucially, the ETF is structured for daily performance and is not intended to replicate double the cumulative return of LCID over periods exceeding a single trading day.
What is the expense ratio of LCDL?: GraniteShares 2x Long LCID Daily ETF (LCDL) charges an expense ratio of 4.67%. This is the annual fee deducted from fund assets to cover management and operations.
Is LCDL a good long-term hold?: LCDL is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple — typically negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does LCDL's daily reset work?: LCDL rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level — so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is LCDL?: GraniteShares 2x Long LCID Daily ETF (LCDL) manages $4.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
Is LCDL actively managed or an index fund?: LCDL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

GraniteShares 2x Long LCID Daily ETF

Frequently Asked Questions About LCDL

GraniteShares 2x Long LCID Daily ETF

Price Chart

Key Metrics

Fund Overview

Peers

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