# Graniteshares 3X Long Uber Daily ETP (3LUP)

**Page:** https://fundology.uk/fund/3lup · ISIN XS2662640973

## 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, 3LUP (Graniteshares 3X Long Uber Daily ETP, ISIN XS2662640973) closed at £7.58 on the London Stock Exchange. Over the five years to 13/11/2026 its total return was −45.1%, or −57.1% after UK CPIH inflation.

## Summary

Graniteshares 3X Long Uber 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:** 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: **£7.58** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3LUP |
| ISIN | XS2662640973 |
| Also listed as | 3LUB (London Stock Exchange, US dollars), 3LUE (London Stock Exchange, euros) |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x long Uber Technologies Inc Index |
| Income | Accumulating |
| Fund size | £1.2m |
| Launched | 2020 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 21/08/2023 |

## 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 | -74.42% | -75.33% | income reinvested |
| 3 years | -57.90% | -61.96% | income reinvested |
| 5 years | -45.09% | -57.14% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of Graniteshares 3X Long Uber Daily ETP in pounds (price, with income reinvested in the fund): 2024 −41.1%, 2025 +14.1%; 2026 to 13/11/2026 −62.1%. Returns of Graniteshares 3X Long Uber Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −78.5%; to 30/09/2025: +9.7%; to 30/09/2024: +130.6%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2024 | -41.1% | -43.1% | Price |
| 2025 | +14.1% | +10.2% | Price |
| 2026 to 13/11/2026 | -62.1% | -63.3% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 92.25% | -79.07% |
| 3 years | 106.08% | -88.82% |

## Largest fall

Volatility of Graniteshares 3X Long Uber Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 92.2% over 1 year, 106.1% over 3 years. Largest fall in the price of Graniteshares 3X Long Uber Daily ETP since August 2023, in pounds: −88.8% from 16/02/2024 to 30/10/2026. The lowest 12-month return of Graniteshares 3X Long Uber Daily ETP in pounds (price, with income reinvested in the fund) since August 2023 was −81.9% (12 months to 30/10/2026); the highest was +259.4% (12 months to 11/10/2024). On 13/11/2026 the price of Graniteshares 3X Long Uber Daily ETP was 86.6% below its highest weekly close since August 2023 (16/02/2024), in pounds.

## Charges & eligibility

- 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 does 3LUP track?**

3LUP tracks the Solactive Daily Leveraged 3x long Uber Technologies Inc Index.

**Is 3LUP accumulating or distributing?**

3LUP 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 3LUP?**

The ISIN of 3LUP is XS2662640973. An ISIN identifies one exact share class of a fund; 3LUP is its ticker on the London Stock Exchange. The same share class is also listed as 3LUB (London Stock Exchange, US dollars) and 3LUE (London Stock Exchange, euros).

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

Calendar-year returns of 3LUP in pounds (price, with income reinvested in the fund): 2024 −41.1%, 2025 +14.1%; 2026 to 13/11/2026 −62.1%. Past performance is not a guide to future returns.

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

Over the five years to 13/11/2026 3LUP’s total return was −45.1%, or −57.1% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.