# GraniteShares 3x Long FAANG Daily ETP (3FNP) **Page:** https://fundology.uk/fund/3fnp · ISIN XS2679091996 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, 3FNP (GraniteShares 3x Long FAANG Daily ETP, ISIN XS2679091996) closed at £82.50 on the London Stock Exchange. Its ongoing charge is 4.16% a year (about £416 on £10,000). Over the three years to 13/11/2026 its total return was +236.4%, or +203.9% after UK CPIH inflation. ## Summary GraniteShares 3x Long FAANG Daily ETP is an exchange-traded product from GraniteShares, launched in 2021. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 4.16% a year — about £416 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. > **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started. Latest close: **£82.50** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3FNP | | ISIN | XS2679091996 | | Also listed as | 3FNE (London Stock Exchange, euros), 3FNG (London Stock Exchange, US dollars), FA3L (Xetra, euros) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | GraniteShares | | Tracks | Solactive Daily Leveraged 3x long FAANG Index - USD | | Income | Accumulating | | Ongoing charge | 4.16% a year (£416 per £10,000) | | Fund size | £2.4m | | Launched | 2021 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 25/09/2023 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | -25.19% | -27.84% | income reinvested | | 3 years | +236.36% | +203.89% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of GraniteShares 3x Long FAANG Daily ETP in pounds (price, with income reinvested in the fund): 2024 +170.4%, 2025 +20.0%; 2026 to 13/11/2026 −13.2%. Returns of GraniteShares 3x Long FAANG Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +7.9%; to 30/09/2025: +82.8%; to 30/09/2024: +154.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +170.4% | +161.2% | Price | | 2025 | +20.0% | +15.8% | Price | | 2026 to 13/11/2026 | -13.2% | -15.9% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 65.61% | -38.33% | | 3 years | 63.41% | -58.07% | ## Largest fall Volatility of GraniteShares 3x Long FAANG Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 65.6% over 1 year, 63.4% over 3 years. Largest fall in the price of GraniteShares 3x Long FAANG Daily ETP since September 2023, in pounds: −58.1% from 31/01/2025 to 04/04/2025. The lowest 12-month return of GraniteShares 3x Long FAANG Daily ETP in pounds (price, with income reinvested in the fund) since September 2023 was −36.2% (12 months to 30/10/2026); the highest was +211.2% (12 months to 13/12/2024). On 13/11/2026 the price of GraniteShares 3x Long FAANG Daily ETP was 31.3% below its highest weekly close since September 2023 (29/05/2026), in pounds. ## Charges compared with similar funds Ongoing charge of GraniteShares 3x Long FAANG Daily ETP 4.16% a year. Compared on 14/11/2026, 28 of the 210 other leveraged and inverse products charge more, 0 the same and 182 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **4.16%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of 3FNP?** The ongoing charge of 3FNP is 4.16% a year — about £416 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of GraniteShares 3x Long FAANG Daily ETP 4.16% a year. Compared on 14/11/2026, 28 of the 210 other leveraged and inverse products charge more, 0 the same and 182 less (share classes counted once). **What does 3FNP track?** 3FNP tracks the Solactive Daily Leveraged 3x long FAANG Index - USD. **Is 3FNP accumulating or distributing?** 3FNP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you. **What is the ISIN of 3FNP?** The ISIN of 3FNP is XS2679091996. An ISIN identifies one exact share class of a fund; 3FNP is its ticker on the London Stock Exchange. The same share class is also listed as 3FNE (London Stock Exchange, euros), 3FNG (London Stock Exchange, US dollars) and FA3L (Xetra, euros). **What were 3FNP’s returns in each of the last five years?** Calendar-year returns of 3FNP in pounds (price, with income reinvested in the fund): 2024 +170.4%, 2025 +20.0%; 2026 to 13/11/2026 −13.2%. Past performance is not a guide to future returns. **How has 3FNP done after inflation?** Over the three years to 13/11/2026 3FNP’s total return was +236.4%, or +203.9% after UK CPIH inflation. Past performance is not a guide to future returns. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.