Graniteshares 3x Long Paypal Daily Etp
XS2596087671
EquitiesThis ETF seeks daily returns that are three times the daily returns of the price of PayPal Holdings, Inc. shares. It invests in derivatives to achieve its leverage objective. It's important to note that leverage magnifies both gains and losses.
Instruments
Instrument Statistics
Annualized ReturnThe average gain or loss of an investment per year over a specific period. It is expressed as a percentage.-79.89%
Annual VolatilityMeasures how much the price of an asset fluctuates. High volatility means the price can change dramatically in a short period, implying higher risk.28,678.15%
Asset Data
Manager
Graniteshares
Benchmark Index
PayPal Holdings, Inc.
Capitalization Type
Acc