GraniteShares 3x Long FAANG Daily ETP
XS2679091996
EquitiesThis ETP seeks to deliver a daily return that is three times the return of the FAANG index, comprising the stocks of five large-cap technology companies: Facebook (now Meta), Amazon, Apple, Netflix, and Alphabet (Google). It's important to note that daily leverage can create significant risk of losses, especially over longer investment horizons.
Instruments
Instrument Statistics
Annualized ReturnThe average gain or loss of an investment per year over a specific period. It is expressed as a percentage.108.33%
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.288.36%
Asset Data
Manager
GraniteShares
Benchmark Index
FAANG
TER
0.95 %
Capitalization Type
Acc