
3SNV
GraniteShares 3x Short NVIDIA Daily ETP
Product Description
GraniteShares 3x Short NVIDIA 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 NVIDIA Corp Index that seeks to provide -3 times the daily performance of NVIDIA Corp shares.
For example, if NVIDIA Corp rises by 1% over a day, then the ETP will fall by 3%, excluding fees and other adjustments. However, if NVIDIA Corp falls by 1% over a day, then the ETP will rise by 3%, excluding fees and other adjustments.
Related Products
Overview
3x Short NVIDIA Corp Index
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
---|---|---|---|---|---|
London Stock Exchange | USD | 3SNV | XS2193972168 | BM97GJ6 |
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
|
---|---|---|---|---|---|---|
3SNV Return | -16.37% | -8.33% | -13.45% | - | - | -83.31% |
Benchmark Return | -10.03% | -7.71% | -13.39% | - | - | -83.06% |
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
3x Short NVIDIA Corp Index
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
---|---|---|---|---|---|
London Stock Exchange | USD | 3SNV | XS2193972168 | BM97GJ6 |
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
|
---|---|---|---|---|---|---|
3SNV Return | -16.37% | -8.33% | -13.45% | - | - | -83.31% |
Benchmark Return | -10.03% | -7.71% | -13.39% | - | - | -83.06% |
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.
