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Dividend Vision

SMCL — GraniteShares 2x Long SMCI Daily ETF

GraniteShares 2x Long SMCI Daily ETF (SMCL)

SMCL pays a 0.00% distribution rate, on a 1.50% expense ratio. Total return is 3449.9% over the past 1.7 years, 3444.9 points ahead of SMCI at 5.0%. Its deepest 1-year drawdown was 94.5%.

SMCL is a leveraged equity ETF that seeks to deliver twice the daily performance of Super Micro Computer (SMCI) stock, making it a directional bet on the semiconductor equipment manufacturer rather than a traditional income-focused holding. The fund carries a 1.50% expense ratio and does not distribute dividends, reflecting its design as a trading vehicle for short-term price movements rather than yield generation. This ETF appeals primarily to experienced traders and tactical investors seeking amplified exposure to SMCI's price swings, not to income-focused dividend investors.

SMCL key facts

Issuer
GraniteShares
Asset type
ETF
Asset class
Equity
Inception date
12/10/2024
Expense ratio
1.50%
Distribution rate
0.00%
Last close
$19.51
AUM
$40,688,290
Average volume
912300.0
Beta
6.8625