GraniteShares 1x Short GAFAM Daily ETP (SGFM.L) Price

GraniteShares 1x Short GAFAM Daily ETP is offered by GraniteShares, a leading player in the field of passive investments.

The ISIN of GraniteShares 1x Short GAFAM Daily ETP is XS2684011997.

GraniteShares 1x Short GAFAM Daily ETP aims to deliver 1 times the daily return of GAFAM (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because GraniteShares 1x Short GAFAM Daily ETP rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like GraniteShares 1x Short GAFAM Daily ETP are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

GraniteShares 1x Short GAFAM Daily ETP provides 1X daily short/inverse exposure to GAFAM. When GAFAM moves +1% in a day, GraniteShares 1x Short GAFAM Daily ETP targets approximately 1% (before fees).

The total expense ratio of GraniteShares 1x Short GAFAM Daily ETP is 1.59%, which means that investors pay 159.00 USD per 10,000 USD in investment capital annually.

The ETF is listed in USD.

European investors may incur additional costs for currency exchange and transaction fees.

No, GraniteShares 1x Short GAFAM Daily ETP does not comply with the EU UCITS investor protection directives.

GraniteShares 1x Short GAFAM Daily ETP tracks the performance of the Solactive Daily Leveraged 1x short GAFAM Index - Benchmark TR Net.

GraniteShares 1x Short GAFAM Daily ETP is domiciled in IE.

The fund was launched on 3/8/2021.

The GraniteShares 1x Short GAFAM Daily ETP mainly invests in Topic companies.

The NAV of GraniteShares 1x Short GAFAM Daily ETP amounts to 21.01 M USD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.