3SZN

3x Short Amazon (AMZN) ETP


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

3SZN Product Description

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

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

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

What is Amazon (AMZN)

Amazon is an online retailer and manufacturer of books, an electronic book reader called Kindle headquartered in Seattle, United States. The Web service provider of the company became one of the iconic examples of electronic commerce. It is known worldwide as a leader in this market, and incidentally the largest company in the world. Even though most of the products sold are sold by Amazon, there are also a lot of third-party sellers on the site. They have turned the table on online shopping experience for customers but online selling of goods and services.  Beyond online sales, the company is also present in music streaming (Amazon Music), video on demand (Amazon Prime TV), or cloud computing (Amazon Web Service - AWS). Amazon offers an array of downloadable and streaming content through Amazon Prime Videos.

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Key Facts

Tickers (Trading Currency)
3SPE (EUR) / 3SZN (EUR) / 3SZN (USD) / 3SZP (GBX)
ISIN
XS2671672900
Underlying Stock
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0074%
Value per ETP Security as of 28 September 2023
$39.20192625
Dividend
Reinvested
Best ETP Provider

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3x Short Amazon (AMZN) ETP OVERVIEW

LISTING AND CODES for 3x Short Amazon (AMZN) ETP

Prices and Codes are affected by the Reverse Split of the Ratio 1:100
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
London Stock Exchange USD 3SZN XS2671672900 BQ2L1M1
London Stock Exchange EUR 3SPE XS2671672900 BQ2L239
London Stock Exchange GBX 3SZP XS2671672900 BQ2L228
Euronext Paris EUR 3SZN XS2671672900 BQ2L251
Borsa Italiana EUR 3SZN XS2671672900 BQ2L240

INDEX & PERFORMANCE of 3x Short Amazon (AMZN) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Amazon (AMZN) 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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