3LAP

GraniteShares 3x Long Apple Daily ETP

Product Description

GraniteShares 3x Long Apple Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the - that seeks to provide 3 times the daily performance of Apple, (AAPL).

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

GraniteShares 3x Long Apple Daily ETP is available in EUR, USD, GBX

Underlying Stock: Apple.

Apple Inc. designs, manufactures, and sells consumer electronics, software, and services. Its main products include the iPhone, Mac computers, iPad tablets, and accessories like AirPods, Apple Watch, HomePod, and Apple TV. The company develops software platforms such as iOS, macOS, iPadOS, watchOS, visionOS, and tvOS. Apple also provides cloud storage, customer support, and digital content through the App Store, where users can access apps, books, music, videos, and podcasts. Its subscription services include Apple Music, Apple TV+, Apple Arcade, Apple Fitness+, and Apple News+. The company offers financial services like Apple Pay and Apple Card. Apple distributes its products through its online and retail stores, direct sales, and third-party sellers. Founded in 1976, it is headquartered in Cupertino, California.

3LAP Fact Summary

Tickers (Trading Currency) 3LAE (EUR) / 3LAP (USD) / 3LWP (GBX)
ISIN
Underlying Stock Apple
Leveraged Factor3x
Base Currency USD
Value per ETP Security as of --
Total Daily Ongoing Cost-
DividendReinvested
Best ETP Provider

ETP SECURITY OVERVIEW

Base Currency USD
Listing Date -
Dividend Treatment Reinvested
Exchange Ticker 3LAE (EUR) / 3LAP (USD) / 3LWP (GBX)
Index Name -

DAILY PERFOMANCE (AS OF -

Value Per ETP Security -
Daily Change -
Daily Return -
AUM -

STRUCTURE

Structure ETP
Replication Method Synthetic
Domicile Ireland

ACCOUNT ELEGIBILITY AND TAX STATUS

ISA Eligible
SIPP Eligible
UK Reporting Status Yes

KEY SERVICE PROVIDERS

Issuer GraniteShares Financial Plc
Issuing and Paying Agent The Bank of New York Mellon, London Branch
Trustee BNY Mellon Corporate Trustee Services Ltd
Swap Provider Natixis
Swap Collateral Custodian The Bank of New York Mellon SA/NV
Auditor Grant Thornton

INDEX DETAILS

Index Name -
Base Trading Currency USD
Index Provider Solactive
Index Ticker -
Leverage Factor 3x

REGISTERED COUNTRIES

UK
Ireland

PASSPORTED COUNTRIES

Austria
Belgium
Denmark
Finland
France
Germany
Italy
Netherlands
Luxembourg
Norway
Portugal
Spain
Sweden

3LAP Details

Listing & Codes

View Listing
Exchange Trading Currency Ticker ISIN SEDOL WKN
Performance Details View Performance
Data as of Download performance history Download performance history
All Data on Total Return Basis 1 Month 3 Months YTD 1 Year 3 Years Since Inception

Portfolio

View Portfolio
Fund Sector Breakdown
as of -
Sector Allocation Technology 100.00%
Fund Sector Breakdown are subject to change
Top 10 Fund Exposures
as of -
Underlying Allocation Apple 100.00%
Top 10 Fund Exposures are subject to change

Distribution

Distribution
Fund Yield as of
30-Day SEC Yield N/A Distribution Rate N/A 12 Month Distribution N/A
Distribution Calendar as of
Ex Date Record Date Pay Date $/Share Ordinary Income Short Term Gains Long Term Gains
Distributions are not guaranteed
Collateral Details Collateral
Collateral Coverage Ratio 100%
Collateralised Yes
Collateral Custodian The Bank of New York Mellon SA/NV

Collateral Documents

Collateral Factsheet Download
Collateral Holdings Download Collateral Holdings

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.

Investor Documents

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Ex Data Document Type 3LAP- KID EN - EU Regulatory Download 3LAP- KID EN - EU 3LAP - KID EN - UK Regulatory Download 3LAP - KID EN - UK 3LAP - KID FI Regulatory Download 3LAP - KID FI 3LAP - KID NL Regulatory Download 3LAP - KID NL 3LAP - KID FR Regulatory Download 3LAP - KID FR 3LAP - KID IT Regulatory Download 3LAP - KID IT 3LAP - KID ES Regulatory Download 3LAP - KID ES 3LAP - KID PL Regulatory Download 3LAP - KID PL 3LAP - KID PT Regulatory Download 3LAP - KID PT 3LAP - KID DA Regulatory Download 3LAP - KID DA 3LAP - KID DE Regulatory Download 3LAP - KID DE Final Terms(EU) Regulatory Download Final Terms(EU) Base Prospectus (UK) Regulatory Download Base Prospectus (UK) Base Prospectus (EU) Regulatory Download Base Prospectus (EU) Index Methodology Regulatory Download Index Methodology GraniteShares Financial Plc – Annual Accounts June 2025 (pdf) Regulatory Download GraniteShares Financial Plc – Annual Accounts June 2025 (pdf) GraniteShares Financial Plc – Annual Accounts June 2025 (xhtml) Regulatory Download GraniteShares Financial Plc – Annual Accounts June 2025 (xhtml) GraniteShares Financial Plc – Annual Interim Dec 2024 (pdf) Regulatory Download GraniteShares Financial Plc – Annual Interim Dec 2024 (pdf) GraniteShares Financial Plc – Annual Accounts June 2024 (pdf) Regulatory Download GraniteShares Financial Plc – Annual Accounts June 2024 (pdf) GraniteShares Financial Plc – Annual Accounts December 2025 (pdf) Regulatory Download GraniteShares Financial Plc – Annual Accounts December 2025 (pdf) GraniteShares Financial Plc – Annual Accounts December 2025 (xhtml) Regulatory Download GraniteShares Financial Plc – Annual Accounts December 2025  (xhtml) Product List Marketing Download Product List Factsheet Graniteshares 3X Long Apple Daily ETP En Marketing Download Factsheet Graniteshares 3X Long Apple Daily ETP En Factsheet Graniteshares 3X Long Apple Daily ETP Fr Marketing Download Factsheet Graniteshares 3X Long Apple Daily ETP Fr Factsheet Graniteshares 3X Long Apple Daily ETP It Marketing Download Factsheet Graniteshares 3X Long Apple Daily ETP It GraniteShares Financial Plc – 2025 UK Reporting Status UK Reporting Fund Status Download GraniteShares Financial Plc – 2025 UK Reporting Status GraniteShares Financial Plc – 2024 UK Reporting Status UK Reporting Fund Status Download GraniteShares Financial Plc – 2024 UK Reporting Status GraniteShares Financial Plc – 2023 UK Reporting Status Archieved Download GraniteShares Financial Plc – 2023 UK Reporting Status GraniteShares Financial Plc – 2022 UK Reporting Status Archieved Download GraniteShares Financial Plc – 2022 UK Reporting Status GraniteShares Financial Plc – 2021 UK Reporting Status Archieved Download GraniteShares Financial Plc – 2021 UK Reporting Status GraniteShares Financial Plc – 2020 UK Reporting Status Archieved Download GraniteShares Financial Plc – 2020 UK Reporting Status GraniteShares Financial Plc – Annual Accounts June 2023 (pdf) Archieved Download GraniteShares Financial Plc – Annual Accounts June 2023 (pdf) GraniteShares Financial Plc – Annual Accounts June 2023 (xHTML) Archieved Download GraniteShares Financial Plc – Annual Accounts June 2023 (xHTML) GraniteShares Financial plc – Interim Accounts December 2023 (pdf) Archieved Download GraniteShares Financial plc – Interim Accounts December 2023 (pdf) GraniteShares Financial plc – Interim Accounts December 2023 (xHTML) Archieved Download GraniteShares Financial plc – Interim Accounts December 2023 (xHTML) GraniteShares Financial plc - Interim Accounts December 2022 Archieved Download GraniteShares Financial plc - Interim Accounts December 2022 GraniteShares Financial Plc – Annual Accounts June 2022 (pdf) Archieved Download GraniteShares Financial Plc – Annual Accounts June 2022 (pdf) GraniteShares Financial Plc – Annual Accounts June 2022 (xHTML) Archieved Download GraniteShares Financial Plc – Annual Accounts June 2022 (xHTML) GraniteShares Financial Plc – Interim Account December 2021 Archieved Download GraniteShares Financial Plc – Interim Account December 2021 GraniteShares Financial Plc -Annual Accounts June 2021 Archieved Download GraniteShares Financial Plc -Annual Accounts June 2021 GraniteShares Financial Plc Interim Accounts December 2020 Archieved Download GraniteShares Financial Plc Interim Accounts December 2020 GraniteShares Financial Plc Annual Accounts June 2020 Archieved Download GraniteShares Financial Plc Annual Accounts June 2020 GraniteShares Financial Plc Interim Accounts December 2019 Archieved Download GraniteShares Financial Plc Interim Accounts December 2019
Premium/Discount Data & Charts
Latest Premium Discount Premium Discount Details
Latest Premium Discount
as of June 13, 2025
NAVCONI PriceCONI Premium / (Discount)CONI
Data for the current quarter
as of June 13, 2025
Days at PremiumCONI Days at NAVCONI Days at DiscountCONI
-Year 2024 Days at PremiumCONICONI Days at NAVCONICONI Days at DiscountCONICONI
as of March 31, 2025 Greatest PremiumCONI Greatest DiscountCONI Days Between -0.5% to 0.0%CONI Days Between 0.0% to 0.5%CONI
Historical Premium/Discount Chart Historical Premium Discount Details
as of March 31, 2025

Chart Description

The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.


Premium/Discount Frequency

as of March 31, 2025

Chart Description

The above chart presents information about the difference between the daily market price for shares of the Fund and the Fund’s net asset value (or NAV). The market price is the last price as published by the exchange on which the Fund is listed. It is generally the average of the bid-ask prices at 4:00 PM ET. The NAV is calculated by reference to the closing price of the positions held by the Fund. The vertical axis of the chart shows the premium or discount of the market price as percentage of the NAV. The horizontal axis shows the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Possible Time Discrepancies

The primary explanation is that timing discrepancies can arise between the NAV and the closing price of the Fund. Since shares of the Fund trade on the open market, prices are affected by the constant flow of information received by investors, corporations and financial institutions. Depending on how this changing information affects investor sentiment, shares of the Fund may deviate slightly from the value of the Fund's underlying assets. As a result, shareholders may pay more than NAV when they buy Fund shares and receive less than NAV when they sell those shares, because shares are purchased and sold at current market prices. However, due to the creation and redemption process that is unique to ETFs, market makers are able to minimize these deviations from NAV by taking advantage of arbitrage opportunities.

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