LCDL vs LMTL

Comparison between GRANITESHARES 2X LONG LCID DAILY ETF (LCDL, ETF) and Direxion Daily LMT Bull 2X ETF (LMTL, ETF).

LCDL vs LMTL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LCDL(ETF)	LMTL(ETF)
Net Assets	$6.40M	$6.50M
Max Drawdown	98.50%	45.94%
Sharpe Ratio	-1.71	0.88
5Y Beta	3.99	0.30

Net Assets

LCDL

$6.40M

Winner

LMTL

$6.50M

Max Drawdown

LCDL

98.50%

Winner

LMTL

45.94%

Sharpe Ratio

LCDL

-1.71

Winner

LMTL

0.88

5Y Beta

LCDL

3.99

Winner

LMTL

0.30

LCDL vs LMTL - Historical Returns

Returns include dividend reinvestment.

Period	LCDL	LMTL
1 month	-34.67%	+6.11%
3 months	-76.75%	-37.84%
6 months	-89.30%	+25.70%
1 year	-97.05%	+33.42%
Max(CAGR)	-96.55%	+41.56%

LCDL

-34.67%

Winner

LMTL

+6.11%

LCDL

-76.75%

Winner

LMTL

-37.84%

LCDL

-89.30%

Winner

LMTL

+25.70%

LCDL

-97.05%

Winner

LMTL

+33.42%

Max(CAGR)

LCDL

-96.55%

Winner

LMTL

+41.56%

LCDL vs LMTL - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	LCDL	LMTL
2026	-83.87%	+5.34%
2025	-87.02%	+20.59%

LCDL vs LMTL Drawdown Comparison

The maximum drawdown for LCDL was -98.50%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for LMTL was -45.74%, occurring on May 8, 2026. This drawdown has not yet recovered.

The current LCDL drawdown is -98.50%. The current LMTL drawdown is -41.94%.

Rank	LCDL	LMTL
#1	-98.50% May 20, 2025 - Jun 5, 2026	-45.74% Mar 2, 2026 - May 8, 2026
#2	-23.36% Apr 29, 2025 - May 12, 2025	-27.75% Oct 6, 2025 - Jan 6, 2026
#3	-10.62% May 16, 2025 - May 20, 2025	-10.20% Feb 2, 2026 - Feb 9, 2026
#4	-5.20% May 14, 2025 - May 16, 2025	-9.55% Jan 6, 2026 - Jan 9, 2026
#5	N/A	-8.00% Feb 19, 2026 - Mar 2, 2026
#6	N/A	-4.27% Aug 6, 2025 - Aug 13, 2025
#7	N/A	-4.03% Jan 22, 2026 - Jan 27, 2026
#8	N/A	-3.08% Feb 9, 2026 - Feb 13, 2026
#9	N/A	-2.79% Sep 5, 2025 - Sep 11, 2025
#10	N/A	-2.13% Jan 16, 2026 - Jan 21, 2026
#11	N/A	-2.01% Aug 28, 2025 - Sep 4, 2025
#12	N/A	-1.67% Aug 13, 2025 - Aug 20, 2025
#13	N/A	-0.65% Feb 13, 2026 - Feb 19, 2026
#14	N/A	-0.64% Sep 24, 2025 - Sep 26, 2025
#15	N/A	-0.54% Sep 16, 2025 - Sep 22, 2025

Correlation

Correlation between LCDL and LMTL is -0.36 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.36

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