Mis on GraniteShares 3x Long GAFAM Daily ETP ISIN?

GraniteShares 3x Long GAFAM Daily ETP ISIN on XS2693059839.

What does leveraged daily exposure mean for GraniteShares 3x Long GAFAM Daily ETP?

GraniteShares 3x Long GAFAM Daily ETP aims to deliver 3 times the daily return of GAFAM (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect GraniteShares 3x Long GAFAM Daily ETP?

Volatility decay (also called compounding drag) occurs because GraniteShares 3x Long GAFAM Daily ETP rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

GraniteShares 3x Long GAFAM Daily ETP (3GFM.L) Kursus

GraniteShares 3x Long GAFAM Daily ETP Kursus

—EUR

PRO

TER2,36 %

AUM2,19 M USD

IndexSolactive Daily Leveraged 3x long GAFAM Index - Benchmark TR Net

ValuutaUSD

Fondi käivitus8.3.2021

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Aluseks

GAFAM

GAFAM3X Long Daily

GAFAM

GraniteShares 3x Long GAFAM Daily ETP pakub 3X igapäevast kokkupuudet GAFAM-ga.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.