Education / Education Share Share S&L ETPs Overview

S&L ETPs Overview

Share Share S&L ETPs Overview

GraniteShares Leveraged ETP Securities

Leveraged ETP Securities are designed to give investors leveraged long or short exposure to the daily moves of an underlying asset.

The assets can be a single security or a basket of securities.

Leveraged ETP Securities are priced off total return indices that capture corporate actions such dividends and rights issues.

Example 1: GraniteShares 3x Long Amazon Daily ETP (3LZN)

Objective of the ETP: 3LZN tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Long Amazon Index (the Index).

Objective of the index: The Index seeks to provide 3 times the daily performance of the Amazon share price.

For instance:

  3 November 2020 4 November 2020 % variation
Amazon share price $3,048.41 $3,241.16 +6.32%
Solactive Daily Leveraged 3x Long AmazonIndex 124.631 points 148.268 points +18.96%
GraniteShares 3x Long Amazon Daily ETP (3LZN)* $6.18776 $7.36105 +18.96%

* Value per ETP. For more details click here

 

Example 2: GraniteShares 3x Short Barclays Daily ETP (3SBC)

Objective of the ETP: 3SBC tracks, excluding fees and other adjustments, the performance of the Solactive Daily Leveraged 3x Short Barclays Index (the Index).

Objective of the index: The Index seeks to provide -3 times the daily performance of Barclays share price.

For instance:

  17 September 2020 18 September 2020 % variation
Barclays share price GBP 1.0054 GBP 0.9742 -3.1%
Solactive Daily Leveraged 3x Short Barclays Index 60.858 points 66.519 points +9.3%
GraniteShares 3x Short Barclays Daily ETP (3SBC)* GBP 2.85502 GBP 3.12036 +9.3%

* Value per ETP. For more details click here


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