Key stats
Details
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Inception date
Feb 2, 2022
Structure
Special Purpose Vehicle
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
GraniteShares Advisors LLC
ISIN
XS2617255760
FIGI
BBG019TW4832
Identifiers
ISIN XS2617255760
GraniteShares 3x Long MicroStrategy 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 MicroStrategy Index that seeks to provide 3 times the daily performance of MicroStrategy Inc 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
3LMI assets under management is 3.89 M USD. It's risen 65.56% over the last month.
3LMI fund flows account for 31.86 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, 3LMI doesn't pay dividends to its holders.
3LMI shares are issued by GraniteShares, Inc. under the brand GraniteShares. The ETF was launched on Feb 2, 2022, and its management style is Passive.
3LMI expense ratio is 7.55% meaning you'd have to pay 7.55% of your investment to help manage the fund.
3LMI follows the Solactive Daily Leveraged 3x long MicroStrategy Index - EUR - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
3LMI price has risen by 14.11% over the last month, and its yearly performance shows a −99.88% decrease. See more dynamics on 3LMI price chart.
NAV returns, another gauge of an ETF dynamics, showed a −89.57% decrease in three-month performance and has decreased by −99.86% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −89.57% decrease in three-month performance and has decreased by −99.86% in a year.
3LMI trades at a premium (3.85%) meaning the ETF is trading at a higher price than the calculated NAV.