3SAP

3x Short Apple (AAPL) ETP


Available for trading on London Stock Exchange, Euronext Paris, Borsa Italiana.

3SAP Product Description

GraniteShares 3x Short Apple 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 Apple Inc Index that seeks to provide -3 times the daily performance of Apple shares.

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

GraniteShares -3x Apple is available in EUR,GBX,USD

What is Apple (AAPL)?

Apple is an American multinational company based in California that creates and markets electronic products, computers and software. The company's flagship products include the iPhone, the iPad, and the Macbook computer. Apple stores are present in 25 countries, and their website delivers to more than 39 countries. Apple products are nevertheless known worldwide, thanks to a strong marketing strategy based on innovation, original advertising, ergonomics, aesthetics of their products, and a remarkable sales and after-sales service. It is with this strategy that Apple has succeeded in making its customers identify with the brand and above all in building their loyalty.

Apple Q3 Earning Report FY23

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Key Facts

Tickers (Trading Currency)
3SAE (EUR) / 3SAP (EUR) / 3SAP (USD) / 3SWP (GBX)
ISIN
XS2662641195
Underlying Stock
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0083%
Value per ETP Security as of 27 September 2023
$30.25504266
Dividend
Reinvested
Best ETP Provider

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3x Short Apple (AAPL) ETP OVERVIEW

LISTING AND CODES for 3x Short Apple (AAPL) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:250
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SAP XS2662641195 BNYK9T8
London Stock Exchange EUR 3SAE XS2662641195 BNYK9Z4
London Stock Exchange GBX 3SWP XS2662641195 BNYK9V0
Euronext Paris EUR 3SAP XS2662641195 BNYKBB4
Borsa Italiana EUR 3SAP XS2662641195 BNYKB03

INDEX & PERFORMANCE of 3x Short Apple (AAPL) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Apple (AAPL) 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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