Key stats
About Graniteshares 3X Long Apple Daily ETP
Home page
Inception date
Jun 29, 2020
Structure
Irish VCIC
Replication method
Synthetic
Dividend treatment
Capitalizes
Income tax type
Capital Gains
Primary advisor
GraniteShares Financial Plc
ISIN
XS2722161424
GraniteShares 3x Long Apple 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 Apple Inc Index that seeks to provide 3 times the daily performance of Apple shares
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
3LAP assets under management is 5.48 M USD. It's risen 29.36% over the last month.
3LAP fund flows account for 1.01 M USD (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, 3LAP doesn't pay dividends to its holders.
3LAP shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Jun 29, 2020, and its management style is Passive.
3LAP expense ratio is 2.69% meaning you'd have to pay 2.69% of your investment to help manage the fund.
3LAP follows the Solactive Daily Leveraged 3x Long Apple Inc Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
3LAP price has risen by 37.50% over the last month, and its yearly performance shows a −7.20% decrease. See more dynamics on 3LAP price chart.
NAV returns, another gauge of an ETF dynamics, showed a 93.37% increase in three-month performance and has decreased by −6.43% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 93.37% increase in three-month performance and has decreased by −6.43% in a year.
3LAP trades at a premium (3.72%) meaning the ETF is trading at a higher price than the calculated NAV.