3x Short Vodafone (VOD) ETP

Available for trading on London Stock Exchange.

3SVO Product Description

GraniteShares 3x Short 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 Short 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 fall by 3%, excluding fees and other adjustments. However, if Vodafone Group Plc falls by 1% over a day, then the ETP will rise 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
  Fact Sheet

Key Facts

Tickers (Trading Currency)
Underlying Stock
Leverage Factor
Base Currency
Total Daily Ongoing Cost
Value per ETP Security as of 27 September 2023
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3x Short Vodafone (VOD) ETP OVERVIEW

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

Exchange Trading
London Stock Exchange GBX 3SVO XS2710197935 BQS8V71

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

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short 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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