3SVW

3x Short Volkswagen Securities (VOWG) ETP


Available for trading on Euronext Paris, London Stock Exchange.

3SVW Product Description

GraniteShares 3x Short Volkswagen Daily ETP Securities is a collateralised, Exchange-Traded Product (ETP). The ETP tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x short Volkswagen Index that seeks to provide -3 times the daily performance of Volkswagen shares.

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

GraniteShares -3x Volkswagen Securities is available in EUR,GBP

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Key Facts

Tickers (Trading Currency)
3SVW (EUR) / SVW3 (GBP)
ISIN
XS2376991142
Underlying Stock
Volkswagen (VOWG)
Leverage Factor
-3x
Base Currency
EUR
Total Daily Ongoing Cost
0.0144%
Value per ETP Security as of 27 September 2023
£2.97076148
Dividend
Reinvested
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3x Short Volkswagen Securities (VOWG) ETP OVERVIEW

LISTING AND CODES for 3x Short Volkswagen Securities (VOWG) ETP

Exchange Trading
Currency
Ticker ISIN SEDOL WKN
Euronext Paris EUR 3SVW XS2376991142 BMW5MB1
London Stock Exchange GBP SVW3 XS2376991142 BMHWFK7

INDEX & PERFORMANCE of 3x Short Volkswagen Securities (VOWG) ETP

1 Month 3 Months YTD 1 Year 3 Year Since Inception

COLLATERAL Details of 3x Short Volkswagen Securities (VOWG) 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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