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SSQ3

GraniteShares 3x Short Square Daily ETP

Product Description

GraniteShares 3x Short Square 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 Square Index that seeks to provide -3 times the daily performance of Block Inc. shares.

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

This product is available in EUR,GBP,USD

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Key Facts

Tickers (Trading Currency)
3SSQ (EUR) / 3SSQ (USD) / SSQ3 (GBP)
Underlying Stock
Block Inc.
Leverage Factor
-3x
Base Currency
USD
Total Daily Ongoing Cost
0.0129%
Value per ETP Security as of 28 November 2022
$0.33681750
Dividend
Reinvested
Best ETP Provider
Exchange Trading
Currency
Ticker ISIN SEDOL WKN
1 Month 3 Months YTD 1 Year 3 Year Since Inception

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.

Exchange Trading
Currency
Ticker ISIN SEDOL WKN

1 Month 3 Months YTD 1 Year 3 Year Since Inception

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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