# GraniteShares 3x Long Barclays Daily ETP (3LBC) **Page:** https://fundology.uk/fund/3lbc · ISIN XS2708145904 ## 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, 3LBC (GraniteShares 3x Long Barclays Daily ETP, ISIN XS2708145904) closed at £206.00 on the London Stock Exchange. Its ongoing charge is 2.84% a year (about £284 on £10,000). Over the three years to 13/11/2026 its total return was +1035.5%, or +925.9% after UK CPIH inflation. ## Summary GraniteShares 3x Long Barclays Daily ETP is an exchange-traded product from GraniteShares, launched in 2019. 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 2.84% a year — about £284 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: **£206.00** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3LBC | | ISIN | XS2708145904 | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | GraniteShares | | Tracks | Solactive Daily Leveraged 3x long Barclays Index | | Income | Accumulating | | Ongoing charge | 2.84% a year (£284 per £10,000) | | Fund size | £2.5m | | Launched | 2019 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 06/11/2023 | ## 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 | -24.99% | -27.64% | income reinvested | | 3 years | +1035.52% | +925.91% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of GraniteShares 3x Long Barclays Daily ETP in pounds (price, with income reinvested in the fund): 2024 +298.9%, 2025 +289.5%; 2026 to 13/11/2026 −47.3%. Returns of GraniteShares 3x Long Barclays Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +15.6%; to 30/09/2025: +218.4%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2024 | +298.9% | +285.3% | Price | | 2025 | +289.5% | +276.2% | Price | | 2026 to 13/11/2026 | -47.3% | -49.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 90.21% | -57.80% | | 3 years | 86.98% | -57.80% | ## Largest fall Volatility of GraniteShares 3x Long Barclays Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 90.2% over 1 year, 87.0% over 3 years. Largest fall in the price of GraniteShares 3x Long Barclays Daily ETP since November 2023, in pounds: −57.8% from 16/01/2026 to 23/10/2026. The lowest 12-month return of GraniteShares 3x Long Barclays Daily ETP in pounds (price, with income reinvested in the fund) since November 2023 was −25.5% (12 months to 30/10/2026); the highest was +647.3% (12 months to 07/02/2025). On 13/11/2026 the price of GraniteShares 3x Long Barclays Daily ETP was 49.8% below its highest weekly close since November 2023 (16/01/2026), in pounds. ## Charges compared with similar funds Ongoing charge of GraniteShares 3x Long Barclays Daily ETP 2.84% a year. Compared on 14/11/2026, 68 of the 210 other leveraged and inverse products charge more, 0 the same and 142 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **2.84%** per year - 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 3LBC?** The ongoing charge of 3LBC is 2.84% a year — about £284 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 Barclays Daily ETP 2.84% a year. Compared on 14/11/2026, 68 of the 210 other leveraged and inverse products charge more, 0 the same and 142 less (share classes counted once). **What does 3LBC track?** 3LBC tracks the Solactive Daily Leveraged 3x long Barclays Index. **Is 3LBC accumulating or distributing?** 3LBC 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 3LBC?** The ISIN of 3LBC is XS2708145904. An ISIN identifies one exact share class of a fund; 3LBC is its ticker on the London Stock Exchange. **What were 3LBC’s returns in each of the last five years?** Calendar-year returns of 3LBC in pounds (price, with income reinvested in the fund): 2024 +298.9%, 2025 +289.5%; 2026 to 13/11/2026 −47.3%. Past performance is not a guide to future returns. **How has 3LBC done after inflation?** Over the three years to 13/11/2026 3LBC’s total return was +1035.5%, or +925.9% 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.