# GraniteShares 3x Long BP Daily ETP (3LBP)

**Source:** https://fundology.uk/fund/3lbp · ISIN XS2708145227 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 01/10/2026, 3LBP (GraniteShares 3x Long BP Daily ETP, ISIN XS2708145227) closed at £14.56 on the London Stock Exchange. Its ongoing charge is 3.24% a year (about £324 on £10,000). Over the five years to 01/10/2026 its total return was +4825.0%, or +3750.0% after UK CPIH inflation.

## Summary

GraniteShares 3x Long BP 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 3.24% a year — about £324 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: **£14.56** (01/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3LBP |
| ISIN | XS2708145227 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x Long BP PLC Index |
| Income | Accumulating |
| Ongoing charge | 3.24% a year (£324 per £10,000) |
| Fund size | £1.4m |
| Launched | 2019 |

## Past returns (periods to 01/10/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +57.61% | +52.66% | income reinvested |
| 3 years | +2286.38% | +2053.40% | income reinvested |
| 5 years | +4824.97% | +3749.99% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of GraniteShares 3x Long BP Daily ETP 3.24% a year, as of 02/10/2026: 60 of the 258 other leveraged and inverse products charge more, 0 the same and 198 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **3.24%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What is the ongoing charge of 3LBP?**

The ongoing charge of 3LBP is 3.24% a year — about £324 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 BP Daily ETP 3.24% a year, as of 02/10/2026: 60 of the 258 other leveraged and inverse products charge more, 0 the same and 198 less (share classes counted once).

**What does 3LBP track?**

3LBP tracks the Solactive Daily Leveraged 3x Long BP PLC Index.

**Is 3LBP accumulating or distributing?**

3LBP 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 3LBP?**

The ISIN of 3LBP is XS2708145227. An ISIN identifies one exact share class of a fund; 3LBP is its ticker on the London Stock Exchange.

**How has 3LBP done after inflation?**

Over the five years to 01/10/2026 3LBP’s total return was +4825.0%, or +3750.0% 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.