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GraniteShares

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.

This product is available in USD, EUR, GBX

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Key Facts

  Fact Sheet
  Fact Sheet
  KID
Ticker
3SNV (USD) / 3SVE (EUR) / 3SVP (GBX)
Underlying Stock
NVIDIA Corp
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0069%
Value per ETP Security as of 21 June 2021
$0.19666989
Dividend
Reinvested
Granite Shares

Overview

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SNV XS2193972168 BM97GJ6
London Stock Exchange EUR 3SVE XS2193972168 BKVCT41
London Stock Exchange GBX 3SVP XS2193972168 BKVCV45
1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SNV Return -49.65% -73.32% -79.60% - - -96.07%
Benchmark Return -49.54% -70.82% -79.35% - - -95.96%

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 3SNV XS2193972168 BM97GJ6
London Stock Exchange EUR 3SVE XS2193972168 BKVCT41
London Stock Exchange GBX 3SVP XS2193972168 BKVCV45

1 Month 3 Months YTD 1 Year 3 Year Since
Inception
3SNV Return -49.65% -73.32% -79.60% - - -96.07%
Benchmark Return -49.54% -70.82% -79.35% - - -95.96%

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.

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