# LCDL (GraniteShares 2x Long LCID Daily ETF)

GraniteShares · Leveraged ETFs · data as of Sep 11, 2026

LCDL aims to return +2 times LCID's move each day, then resets. Over one day it does that.

## Key facts

- LCDL, net assets: $7m (source, as filed for Jun 30, 2026).
- LCDL, expense ratio: 1.15% (485BPOS XBRL, Oct 24, 2025).
- LCDL, underlying: LCID (no investable tracker), as of Sep 11, 2026.
- LCDL, sets out to return: +2 times the daily move of LCID, reset daily, as of Sep 11, 2026.

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of LCID, reset daily | ETFIQ |
| Underlying | LCID (no investable tracker) | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $7m | source, as filed for Jun 30, 2026 |
| Expense ratio | 1.15% | 485BPOS XBRL, Oct 24, 2025 |
| Launched | Apr 22, 2025 | ETFIQ |

## Questions

### Why does LCDL not return +2 times over a year?

Because it resets daily. LCDL aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.


## Cite this page

ETFIQ, LCDL, data as of Sep 11, 2026. https://etfiq.com/funds/LCDL
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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