GraniteShares 2x Long LCID Daily ETF

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.