GraniteShares 2x Long LCID Daily ETF LCDL · ETF Open GraniteShares 2x Long LCID Daily ETF in new tab
GraniteShares 2x Long LCID Daily ETF Analysis (LCDL)
Investment Objective: GraniteShares 2x Long LCID Daily ETF is an investment vehicle in USA. It is currently trading at 0.2876 USD.
Strategy: The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock, as well …
Income: This appears to be an accumulating fund (dividends are reinvested) or focuses purely on capital growth.
Investor FAQ
Does GraniteShares 2x Long LCID Daily ETF pay a dividend?
No, it does not currently pay a dividend.
What asset class is GraniteShares 2x Long LCID Daily ETF?
GraniteShares 2x Long LCID Daily ETF is classified as a ETF.
Fund Strategy
The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering into financial instruments such as swaps and options on the underlying stock, as well as directly purchasing the underlying stock; at the end of each trading day, the notional exposure against the underlying stock obtained through the combination of these instruments will be approximately 200% of the fund’s net asset value.
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