GraniteShares 3x Long FAANG Daily ETPGraniteShares 3x Long FAANG Daily ETPGraniteShares 3x Long FAANG Daily ETP

GraniteShares 3x Long FAANG Daily ETP

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Key stats


Assets under management (AUM)
‪2.37 M‬EUR
Fund flows (1Y)
‪−462.96 K‬EUR
Dividend yield (indicated)
Discount/Premium to NAV
3.0%
Shares outstanding
‪25.12 K‬
Expense ratio
4.16%

About GraniteShares 3x Long FAANG Daily ETP


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Inception date
Mar 8, 2021
Structure
Special Purpose Vehicle
Index tracked
Solactive Daily Leveraged 3x long FAANG Index - USD
Replication method
Synthetic
Management style
Passive
Dividend treatment
Capitalizes
Primary advisor
GraniteShares Advisors LLC
ISIN
XS2679091996
GraniteShares 3x Long FAANG Daily ETP is designed to enable investors to gain 3 time exposure to a total return investment in FAANG (the Underlying Index).

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Big Tech
Strategy
Equal
Geography
U.S.
Weighting scheme
Equal
Selection criteria
Fixed

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


3FNG assets under management is ‪2.37 M‬ EUR. It's risen 15.01% over the last month.
3FNG fund flows account for ‪−462.96 K‬ EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, 3FNG doesn't pay dividends to its holders.
3FNG shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Mar 8, 2021, and its management style is Passive.
3FNG expense ratio is 4.16% meaning you'd have to pay 4.16% of your investment to help manage the fund.
3FNG follows the Solactive Daily Leveraged 3x long FAANG Index - USD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
3FNG price has risen by 15.93% over the last month, and its yearly performance shows a 30.74% increase. See more dynamics on 3FNG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 27.47% over the last month, showed a 24.06% increase in three-month performance and has increased by 39.86% in a year.
3FNG trades at a premium (2.95%) meaning the ETF is trading at a higher price than the calculated NAV.