GRANITESHARES 3X LONG ALPHABET DAILY ETPGRANITESHARES 3X LONG ALPHABET DAILY ETPGRANITESHARES 3X LONG ALPHABET DAILY ETP

GRANITESHARES 3X LONG ALPHABET DAILY ETP

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Key stats


Assets under management (AUM)
‪3.74 M‬EUR
Fund flows (1Y)
‪2.55 M‬EUR
Dividend yield (indicated)
Discount/Premium to NAV
1.8%
Shares outstanding
‪107.74 K‬
Expense ratio
1.99%

About GRANITESHARES 3X LONG ALPHABET DAILY ETP


Issuer
GraniteShares, Inc.
Brand
GraniteShares
Inception date
Jun 29, 2020
Structure
Special Purpose Vehicle
Index tracked
Solactive Daily Leveraged 3x Short Alphabet Inc Index
Replication method
Synthetic
Management style
Passive
Dividend treatment
Capitalizes
ISIN
XS2675292309
GraniteShares 3x Long Alphabet 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 Long Alphabet Inc Index that seeks to provide 3 times the daily performance of Alphabet shares

Classification


Asset Class
Equity
Category
Sector
Focus
Communication services
Niche
Interactive Media & Services
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset

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


3LAL assets under management is ‪3.74 M‬ EUR. It's risen 19.90% over the last month.
3LAL fund flows account for ‪2.55 M‬ 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, 3LAL doesn't pay dividends to its holders.
3LAL shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Jun 29, 2020, and its management style is Passive.
3LAL expense ratio is 1.99% meaning you'd have to pay 1.99% of your investment to help manage the fund.
3LAL follows the Solactive Daily Leveraged 3x Short Alphabet Inc Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
3LAL price has risen by 12.91% over the last month, and its yearly performance shows a −41.90% decrease. See more dynamics on 3LAL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −15.45% decrease in three-month performance and has decreased by −40.93% in a year.
3LAL trades at a premium (1.81%) meaning the ETF is trading at a higher price than the calculated NAV.