ETN / ETP · GraniteShares
3LGP Graniteshares 3X Long Alphabet Daily ETP
ISIN XS2675292309London Stock Exchange: 3LGPGraniteShares, Inc.
- Leveraged & inverse
- ETN / ETP
- ISA
- SIPP
- Accumulating
Latest close
LSE£70.40
on
- Ongoing charge
- 1.99% a year
- Fund size
- £3.6m
As of , at least 15 min delayed
At a glance
As of 13/11/2026, 3LGP (Graniteshares 3X Long Alphabet Daily ETP, ISIN XS2675292309) closed at £70.40 on the London Stock Exchange. Its ongoing charge is 1.99% a year (about £199 on £10,000). Over the five years to 13/11/2026 its total return was +49.1%, or +16.4% after UK CPIH inflation.
Past returns
- 1 year to 13/11/2026
- −36.9%
- −39.1% after inflation (UK CPIH)
- 3 years to 13/11/2026
- +183.2%
- +155.8% after inflation (UK CPIH)
- 5 years to 13/11/2026
- +49.1%
- +16.4% after inflation (UK CPIH)
£1,000 put in five years ago would have been worth about £1,491 on 13/11/2026 — about £1,164 in today’s spending power, once price rises are taken out. Past performance is not a guide to future returns.
Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.
How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH
Calendar-year and 12-month returns
Calendar-year returns of Graniteshares 3X Long Alphabet Daily ETP in pounds (price, with income reinvested in the fund): 2022 −85.7%, 2023 +670.4%, 2024 +77.1%, 2025 +157.2%; 2026 to 13/11/2026 −42.0%. Returns of Graniteshares 3X Long Alphabet Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +98.8%; to 30/09/2025: +109.6%; to 30/09/2024: +19.6%; to 30/09/2023: +309.2%; to 30/09/2022: −68.7%.
| Year | Return | After inflation | Return shown as a bar |
|---|---|---|---|
| to | −42.0% | −43.8% | |
| to | +157.2% | +148.4% | |
| to | +77.1% | +71.0% | |
| +670.4% | +639.7% | ||
| −85.7% | −86.9% |
| 12 months to | Return | After inflation |
|---|---|---|
| from | +98.8% | +91.7% |
| from | +109.6% | +101.4% |
| from | +19.6% | +16.6% |
| from | +309.2% | +284.6% |
| from | −68.7% | −71.2% |
As of , inflation: UK CPIH
How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing
Risk: volatility and largest fall
Volatility (annualised)
118.9%over 5 years
| 1 year | 97.1% |
|---|---|
| 3 years | 90.2% |
| 5 years | 118.9% |
Annualised from weekly returns. Higher means bumpier.
- Largest fall since November 2021
- −87.6%
- From to
- Lowest 12-month return
- −86.2%
- 12 months to
- Highest 12-month return
- +1076.8%
- 12 months to
- Below its highest weekly close since November 2021
- 68.1%
- High of , latest
In words: Volatility of Graniteshares 3X Long Alphabet Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 97.1% over 1 year, 90.2% over 3 years, 118.9% over 5 years. Largest fall in the price of Graniteshares 3X Long Alphabet Daily ETP since November 2021, in pounds: −87.6% from 19/11/2021 to 06/01/2023. The lowest 12-month return of Graniteshares 3X Long Alphabet Daily ETP in pounds (price, with income reinvested in the fund) since April 2021 was −86.2% (12 months to 04/11/2022); the highest was +1076.8% (12 months to 08/05/2026). On 13/11/2026 the price of Graniteshares 3X Long Alphabet Daily ETP was 68.1% below its highest weekly close since November 2021 (15/05/2026), in pounds.
As of , price, with income reinvested in the fund
How we work it out:Risk figuresFallsVolatilityLargest fall
Charges compared with similar funds
- Ongoing charge
- 1.99%
- a year
- On £10,000
- £199
- a year, roughly
- Over five years
- £956
- of £10,000, before growth
- 113 charge less
- 0 the same
- 97 charge more
Ongoing charge of Graniteshares 3X Long Alphabet Daily ETP 1.99% a year. Compared on 14/11/2026, 97 of the 210 other leveraged and inverse products charge more, 0 the same and 113 less (share classes counted once).
As of
A lower charge is not a promise of a higher return: what the fund holds matters more.
Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up
In plain English
Graniteshares 3X Long Alphabet Daily ETP is an exchange-traded product from GraniteShares, launched in 2020.
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 1.99% a year — about £199 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: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.
Terms:Index fundAccumulating or incomeLeveraged ETPsShare classISIN
Key facts
- Ticker
- 3LGP
- ISIN
- XS2675292309
- Also listed as
- 3LAL (London Stock Exchange, US dollars), 3LGE (London Stock Exchange, euros)
- Provider
- GraniteShares
- Tracks
- Solactive Daily Leveraged 3x Short Alphabet Inc Index
- Structure
- ETN / ETP
- An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
- Income
- Accumulating
- Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
- Ongoing charge
- 1.99% a year · about £199 on £10,000
- Fund size
- £3.6m
- Launched
- Domicile
- United Kingdom
- Can usually be held in
- ISA and SIPP
- Check with your platform: each decides which funds it offers.
- Currency hedged
- No
- Price currency
- Pounds (GBP)
- Category
- Leveraged & inverse
Price chart
Over the last year, the closing price went from £93.49 on 14/11/2025 to £70.40 on 13/11/2026 (−24.7%). The lowest close shown was £59.85 on 30/10/2026 and the highest £220.93 on 15/05/2026.
One close a week. Before 28/07/2026 the closes are from the weekly price history for this listing; from then on, the closing prices we have recorded. Weeks missing from our record are filled from the same history.
As of , at least 15 min delayed
Five years of prices, and after inflation
262 weekly closes, from 12/11/2021 to 13/11/2026. The same history in November 2026 pounds, adjusted with CPIH inflation.
Create a free account to see the 5-year price chart and the after-inflation chart
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How we work it out:Prices and returnsNAV and price
Risk and return in depth
Sharpe, Sortino and Calmar ratios
Sharpe, Sortino and Calmar ratios over 1, 3 and 5 years, from weekly returns in pounds.
With a free accountRolling returns
The full range of 239 rolling 12-month returns since April 2021, and of 135 rolling three-year returns, in pounds, with how often they were above zero.
With a free accountLargest falls and recoveries
The 3 largest falls since November 2021, in pounds, with how many weeks each took to reach its low and to recover.
With a free account
Create a free account to see the risk ratios, every rolling return and each large fall and its recovery
Sign-up takes an email address. There is no card to enter and nothing to pay.
Questions people ask
What is the ongoing charge of 3LGP?
The ongoing charge of 3LGP is 1.99% a year — about £199 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 Alphabet Daily ETP 1.99% a year. Compared on 14/11/2026, 97 of the 210 other leveraged and inverse products charge more, 0 the same and 113 less (share classes counted once).
What does 3LGP track?
3LGP tracks the Solactive Daily Leveraged 3x Short Alphabet Inc Index.
Is 3LGP accumulating or distributing?
3LGP 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 3LGP?
The ISIN of 3LGP is XS2675292309. An ISIN identifies one exact share class of a fund; 3LGP is its ticker on the London Stock Exchange. The same share class is also listed as 3LAL (London Stock Exchange, US dollars) and 3LGE (London Stock Exchange, euros).
What were 3LGP’s returns in each of the last five years?
Calendar-year returns of 3LGP in pounds (price, with income reinvested in the fund): 2022 −85.7%, 2023 +670.4%, 2024 +77.1%, 2025 +157.2%; 2026 to 13/11/2026 −42.0%. Past performance is not a guide to future returns.
How has 3LGP done after inflation?
Over the five years to 13/11/2026 3LGP’s total return was +49.1%, or +16.4% after UK CPIH inflation. Past performance is not a guide to future returns.
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Fund documents and methods
Methodology:ReturnsCategoriesAll methods
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