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2SZM

2x Short Zoom (ZM) ETP


Available for trading on .

2SZM Product Description

GraniteShares 2x Short Zoom Daily ETP is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 2x short Zoom Index that seeks to provide -2 times the daily performance of Zoom Video Communications Inc shares.

For example, if Zoom Video Communications Inc rises by 1% over a day, then the ETP will fall by 2%, excluding fees and other adjustments. However, if Zoom Video Communications Inc falls by 1% over a day, then the ETP will rise by 2%, excluding fees and other adjustments.

GraniteShares 2x Short Zoom is available in EUR,GBP,USD

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Key Facts

Tickers (Trading Currency)
2SZM (EUR) / 2SZM (USD) / SZM2 (GBP)
ISIN
XS2435549188
Underlying Stock
Zoom Video Communications Inc (ZM)
Leverage Factor
-2x
Base Currency
USD
Total Daily Ongoing Cost
0.0062%
Value per ETP Security as of 26 September 2023
$5.92863873
Dividend
Reinvested
Best ETP Provider

Related Research

2x Short Zoom (ZM) ETP OVERVIEW

LISTING AND CODES for 2x Short Zoom (ZM) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN

INDEX & PERFORMANCE of 2x Short Zoom (ZM) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 2x Short Zoom (ZM) 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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