What is the ISIN of GraniteShares 3x Short AMD Daily ETP?

The ISIN of GraniteShares 3x Short AMD Daily ETP is XS2838543457.

What does leveraged daily exposure mean for GraniteShares 3x Short AMD Daily ETP?

GraniteShares 3x Short AMD Daily ETP aims to deliver 3 times the daily return of AMD (short/inverse). 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 Short AMD Daily ETP?

Volatility decay (also called compounding drag) occurs because GraniteShares 3x Short AMD 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.

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GraniteShares 3x Short AMD Daily ETP (3SAM.MI) Price

GraniteShares 3x Short AMD Daily ETP Price

— EUR

TER3.2 %

AUM2.34 M EUR

IndexSolactive Daily Leveraged 3x short AMD Index - Benchmark TR Net

CurrencyEUR

Funds Launch8/30/2021

GraniteShares 3x Short AMD Daily ETP Price

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Underlying

AMD

AMD3X Short Daily

AMD

GraniteShares 3x Short AMD Daily ETP provides 3X inversedaily exposure to AMD.

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.