Fundology

ETN / ETP · GraniteShares

3LTP GraniteShares 3X Long Tesla Daily ETP

ISIN XS2656472193London Stock Exchange: 3LTPGraniteShares, Inc.

Latest close

LSE

£1.13

on

Fund size
£11.2m

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 05/10/2026, 3LTP (GraniteShares 3X Long Tesla Daily ETP, ISIN XS2656472193) closed at £1.13 on the London Stock Exchange. Over the three years to 05/10/2026 its total return was −92.9%, or −93.6% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 05/10/2026
−72.7%
−73.5% after inflation
3 years to 05/10/2026
−92.9%
−93.6% after inflation

Returns: TradingView (delayed data). Inflation: ONS 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 Tesla Daily ETP in pounds (price, with income reinvested in the fund): 2024 +39.1%, 2025 −70.9%; 2026 to 05/10/2026 −74.7%. Returns of GraniteShares 3X Long Tesla Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −76.8%; to 30/09/2025: −13.8%; to 30/09/2024: −67.2%.

Calendar-year returns of 3LTP, in pounds (price, with income reinvested in the fund), to 05/10/2026
YearReturnAfter inflationReturn shown as a bar
to −74.7%−75.4%
−70.9%−71.9%
+39.1%+34.4%
Returns of 3LTP over 12-month periods to 30/09/2026, in pounds (price, with income reinvested in the fund)
12 months toReturnAfter inflation
from −76.8%Not available
from −13.8%−17.2%
from −67.2%−68.1%

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , inflation: ONS CPIH

How we work it out:Calendar-year returnsWhat a calendar-year return isAccumulating and distributing

Risk: volatility and largest fall

How far the price has swung and fallen. The same record the returns come from, in pounds.

Volatility (annualised)

159.6%over 3 years

Volatility, annualised from weekly returns, by period
1 year119.0%
3 years159.6%

Annualised from weekly returns. Higher means bumpier.

Largest fall since August 2023
−96.1%
From to
Lowest 12-month return
−80.8%
12 months to
Highest 12-month return
+221.3%
12 months to
Below its highest weekly close since August 2023
93.6%
High of , latest

In words: Volatility of GraniteShares 3X Long Tesla Daily ETP in pounds, annualised from weekly returns to 05/10/2026: 119.0% over 1 year, 159.6% over 3 years. Largest fall in the price of GraniteShares 3X Long Tesla Daily ETP since August 2023, in pounds: −96.1% from 15/09/2023 to 28/07/2026. The lowest 12-month return of GraniteShares 3X Long Tesla Daily ETP in pounds (price, with income reinvested in the fund) since August 2023 was −80.8% (12 months to 13/09/2024); the highest was +221.3% (12 months to 31/01/2025). On 05/10/2026 the price of GraniteShares 3X Long Tesla Daily ETP was 93.6% below its highest weekly close since August 2023 (15/09/2023), in pounds.

Source: Fundology, from recorded closes and the data vendor’s weekly price history, as of , price, with income reinvested in the fund

How we work it out:Risk figuresFallsVolatilityLargest fall

In plain English

GraniteShares 3X Long Tesla 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.

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
3LTP
ISIN
XS2656472193
Provider
GraniteShares
Tracks
Solactive Daily Leveraged 3x Long Tesla 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.
Fund size
£11.2m
Launched
Domicile
Ireland
Can be held in
ISA and SIPP
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£1.13+65.4% since 28/07/2026 · closing price
3LTP closing price: £0.68 on 28/07/2026, £1.13 on 05/10/2026 (+65.4%); low £0.68, high £1.19.

Since 28/07/2026, the closing price went from £0.683 on 28/07/2026 to £1.13 on 05/10/2026 (+65.7%). The lowest close shown was £0.683 on 28/07/2026 and the highest £1.19 on 03/09/2026.

Chart: closing prices we have recorded since 28/07/2026.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

11 weekly closes, from 28/07/2026 to 05/10/2026. The same history in October 2026 pounds, adjusted with ONS CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

Risk and return in depth

Ratios that weigh return against its ups and downs, every rolling period rather than a few fixed ones, and each large fall with how long it took to recover.
  • Sharpe, Sortino and Calmar ratios

    Sharpe, Sortino and Calmar ratios over 1 and 3 years, from weekly returns in pounds.

    With a free account
  • Rolling returns

    The full range of 113 rolling 12-month returns since August 2023, in pounds, with how often they were above zero.

    With a free account
  • Largest falls and recoveries

    The largest fall since August 2023, in pounds, with how many weeks it 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 does 3LTP track?

3LTP tracks the Solactive Daily Leveraged 3x Long Tesla Inc Index.

Is 3LTP accumulating or distributing?

3LTP 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 3LTP?

The ISIN of 3LTP is XS2656472193. An ISIN identifies one exact share class of a fund; 3LTP is its ticker on the London Stock Exchange.

What were 3LTP’s returns in each of the last five years?

Calendar-year returns of 3LTP in pounds (price, with income reinvested in the fund): 2024 +39.1%, 2025 −70.9%; 2026 to 05/10/2026 −74.7%. Past performance is not a guide to future returns.

How has 3LTP done after inflation?

Over the three years to 05/10/2026 3LTP’s total return was −92.9%, or −93.6% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More leveraged and inverse products, largest first. Size is a fact, not a verdict.

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Calendar years, risk
Fundology, from recorded closes (weekly history from the data vendor where our record is short)
Inflation
ONS CPIH, latest month used August 2026
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

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