Loading...

GraniteShares

3SNF

GraniteShares 3x Short Netflix Daily ETP

Product Description

GraniteShares 3x Short Netflix Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Short Netflix Inc Index that seeks to provide -3 times the daily performance of Netflix Inc shares.

For example, if Netflix Inc rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if Netflix Inc falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.

This product is available in USD, EUR, GBX

Related Products

Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3SNF (USD) / 3SNE (EUR) / 3SNP (GBX)
Underlying Stock
Netflix Inc
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0079%
Value per ETP Security as of 21 June 2021
$1.18022781
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SNF XS2193970899 BM97GD0
London Stock Exchange EUR 3SNE XS2193970899 BKVCT07
London Stock Exchange GBX 3SNP XS2193970899 BKVCV01
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SNF Return -0.91% -2.01% -28.17% - - -76.40%
Benchmark Return 1.58% 5.48% -19.96% - - -75.67%

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SNF XS2193970899 BM97GD0
London Stock Exchange EUR 3SNE XS2193970899 BKVCT07
London Stock Exchange GBX 3SNP XS2193970899 BKVCV01

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SNF Return -0.91% -2.01% -28.17% - - -76.40%
Benchmark Return 1.58% 5.48% -19.96% - - -75.67%

Understanding collateral


Collateralised ETP Securities are backed with collateral, subject to eligibility criteria, to protect investors in event of default. The amount of collateral posted by the Swap Counterparty is held and valued by an independent custodian in a segregated account and is adjusted daily and reflects the collateralised ETPs' change in value and in the outstanding number of securities. The Bank of New York Mellon SA/NV serves as the Swap Collateral Custodian.

Request a meeting or need more information

Please get in touch

© 2021 GraniteShares. All rights reserved.