SFNG
1x Short FAANG ETP
Available for trading on .
Product Description
GraniteShares 1x Short FAANG Daily ETP is a collateralised Exchange Traded-Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 1x short FAANG Index that seeks to provide -1 times the daily performance of the Solactive FAANG Equal Weight Index.
The Solactive FAANG Equal Weight Index provides exposure to Amazon, Apple, Alphabet , Meta Platforms Inc, Netflix Inc with each component equally weighted after each quarterly rebalancing.
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1x Short FAANG ETP OVERVIEW
LISTING AND CODES for 1x Short FAANG ETP
Exchange | Trading Currency |
Ticker | ISIN | SEDOL | WKN |
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PORTFOLIO of 1x Short FAANG ETP
Top Fund Exposures
Amazon | 20% |
Apple | 20% |
Alphabet | 20% |
Meta Platforms Inc | 20% |
Netflix Inc | 20% |
Fund exposures are subject to change
INDEX & PERFORMANCE of 1x Short FAANG ETP
1 Month | 3 Months | YTD | 1 Year | 3 Year | Since Inception |
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COLLATERAL Details of 1x Short FAANG 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.
