3LPP

3x Leverage PayPal (PYPL) ETP


Leverage the daily return of PayPal Holdings Inc (PYPL) stocks with 3x Long PayPal ETP . Available for trading on Borsa Italiana, London Stock Exchange.

3LPP Product Description

GraniteShares 3x Long PayPal 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 long PayPal Index that seeks to provide 3 times the daily performance of PayPal Holdings Inc shares.

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

GraniteShares +3x PayPal is available in EUR,GBP,USD

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Key Facts

Tickers (Trading Currency)
3LPP (EUR) / 3LPP (USD) / LPP3 (GBP)
ISIN
XS2596087671
Underlying Stock
Leverage Factor
+3x
Base Currency
USD
Total Daily Ongoing Cost
0.0088%
Value per ETP Security as of 26 September 2023
$8.44547170
Dividend
Reinvested
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3x Leverage PayPal (PYPL) ETP OVERVIEW

LISTING AND CODES for 3x Leverage PayPal (PYPL) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Borsa Italiana EUR 3LPP XS2596087671 BQXR5N7
London Stock Exchange GBP LPP3 XS2596087671 BQXR5M6
London Stock Exchange USD 3LPP XS2596087671 BQXR5L5

INDEX & PERFORMANCE of 3x Leverage PayPal (PYPL) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Leverage PayPal (PYPL) 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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