3SPP

3x Short PayPal (PYPL) ETP


Available for trading on Borsa Italiana, London Stock Exchange.

3SPP Product Description

GraniteShares 3x Short 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 Short 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 fall by 3%, excluding fees and other adjustments. However, if PayPal Holdings Inc falls by 1% over a day, then the ETP will rise 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)
3SPP (EUR) / 3SPP (USD) / SPP3 (GBP)
ISIN
XS2376992389
Underlying Stock
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0095%
Value per ETP Security as of 27 September 2023
$12.82207472
Dividend
Reinvested
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3x Short PayPal (PYPL) ETP OVERVIEW

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

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Borsa Italiana EUR 3SPP XS2376992389
London Stock Exchange GBP SPP3 XS2376992389 BMHWF52
London Stock Exchange USD 3SPP XS2376992389 BMHW8X1

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

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short 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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