3x Leverage Vodafone (VOD) ETP

Leverage the daily return of Vodafone Group Plc (VOD) stocks with 3x Long Vodafone ETP. Available for trading on London Stock Exchange.

3LVO Product Description

GraniteShares 3x Long Vodafone 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 Long Vodafone Group PLC Index that seeks to provide 3 times the daily performance of Vodafone Group Plc shares.

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

What is Vodafone Group Plc (VOD)?

Vodafone Group Plc (LON: VOD) is a British leading telecommunications company in Europe and Africa, the largest mobile and fixed network operator in Europe. They operate mobile and fixed networks in 21 countries and partner with mobile networks in 48 more. As of 31 December 2020, they had over 300m mobile customer. Vodafone has a primary listing on the London Stock Exchange and is a constituent of the FTSE 100 Index. The company has a secondary listing on Nasdaq.

Vodafone's top competitors include Liberty Global, Orange, Telefonica, Nippon Telegraph and Telephone, AT&T, Deutsche Telekom and BT.

  Fact Sheet

Key Facts

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Underlying Stock
Leverage Factor
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Total Daily Ongoing Cost
Value per ETP Security as of 26 September 2023
Best ETP Provider

Related Products

3x Leverage Vodafone (VOD) ETP OVERVIEW

LISTING AND CODES for 3x Leverage Vodafone (VOD) ETP

Exchange Trading
London Stock Exchange GBX 3LVO XS2703640123 BS3C8S2

INDEX & PERFORMANCE of 3x Leverage Vodafone (VOD) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage Vodafone (VOD) ETP

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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