GraniteShares 3x Short UniCredit Daily ETP

ISIN XS2846982663

TER
0,99% p.a.
Distribution policy
Accumulerend
Replication
Synthetisch
Fund size
EUR 4 m
Inception Date
2 februari 2022
 

Overview

Description

The GraniteShares 3x Short UniCredit Daily ETP seeks to track the Solactive Daily Leveraged 3x Short UniCredit (-3x) index. The Solactive Daily Leveraged 3x Short UniCredit (-3x) index tracks the three times leveraged inverse performance of the UniCredit share on a daily basis.
 
The ETN's TER (total expense ratio) amounts to 0,99% p.a.. The ETN replicates the performance of the underlying index synthetically with a swap. The dividends in the ETN are accumulated and reinvested in the ETF.
 
The GraniteShares 3x Short UniCredit Daily ETP is a very small ETN with 4m Euro assets under management. The ETN was launched on 2 February 2022 and is domiciled in Ierland.
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Chart

Basics

Data

Index
Solactive Daily Leveraged 3x Short UniCredit (-3x)
Investment focus
Aandelen, Italië, Financieel
Fund size
EUR 4 m
Total expense ratio
0,99% p.a.
Replication Synthetic (Swap-based)
Legal structure ETN
Strategy risk Short, Leverage
Sustainability No
Fund currency EUR
Currency risk Currency unhedged
Volatility 1 year (in EUR)
97,01%
Inception/ Listing Date 2 februari 2022
Distribution policy Accumulating
Distribution frequency -
Fund domicile Ierland
Fund Provider GraniteShares
Germany Onbekend
Switzerland Onbekend
Austria Onbekend
UK Onbekend
Indextype -
Swap counterparty -
Collateral manager -
Securities lending No
Securities lending counterparty -

Similar ETNs

This section provides you with information on other ETNs with a similar investment focus to the GraniteShares 3x Short UniCredit Daily ETP.
Similar ETNs via investment guides
How do you like our ETF profile? Here you'll find our Questionnaire.

Performance

Returns overview

YTD -6.52%
1 month +13.16%
3 months -28.33%
6 months -40.28%
1 year -83.93%
3 years -99.79%
5 years -
Since inception (MAX) -99.98%
2025 -92.80%
2024 -86.58%
2023 -93.31%
2022 -

Monthly returns in a heat map

Risk

Risk metrics in this section:
 
  • Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
  • Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
  • Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
ETF returns include dividend payments (if applicable).
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Risk overview

Volatility 1 year 97.01%
Volatility 3 years 116,512,406,125.71%
Volatility 5 years -
Return per risk 1 year -0.87
Return per risk 3 years 0.00
Return per risk 5 years -
Maximum drawdown 1 year -91.44%
Maximum drawdown 3 years -100.00%
Maximum drawdown 5 years -
Maximum drawdown since inception -100.00%

Rolling 1 year volatility

Stock exchange

Listings

Listing Trade Currency Ticker Bloomberg /
iNAV Bloomberg Code
Reuters RIC /
iNAV Reuters
Market Maker
Borsa Italiana EUR 3SCR -
-
-
-
-

Questions fréquemment posées

Quel est le nom de - ?

Le nom de - est GraniteShares 3x Short UniCredit Daily ETP.

Quel est le sigle de GraniteShares 3x Short UniCredit Daily ETP ?

Le sigle de GraniteShares 3x Short UniCredit Daily ETP est -.

Quel est l’ISIN de GraniteShares 3x Short UniCredit Daily ETP ?

L’ISIN de GraniteShares 3x Short UniCredit Daily ETP est XS2846982663.

Quels sont les coûts de GraniteShares 3x Short UniCredit Daily ETP ?

Le ratio des frais totaux (TER) de GraniteShares 3x Short UniCredit Daily ETP s'élève à 0,99% p.a.. Ces coûts sont prélevés en continu sur les actifs du fonds et sont déjà inclus dans la performance de l'ETF. Vous n'avez pas à les payer séparément. Veuillez consulter notre article pour plus d'informations sur le coût des ETF.

Le GraniteShares 3x Short UniCredit Daily ETP verse-t-il des dividendes ?

Le GraniteShares 3x Short UniCredit Daily ETP est un ETF à accumulation. Cela signifie que les dividendes ne sont pas distribués aux investisseurs. Au lieu de cela, les dividendes sont réinvestis dans le fonds à la date ex-date, ce qui entraîne une augmentation du prix de l'action de l’ETF.

Quelle est la taille du fonds de GraniteShares 3x Short UniCredit Daily ETP ?

La taille du fonds de GraniteShares 3x Short UniCredit Daily ETP est de 4 millions d'euros.

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— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH.

Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.