# GraniteShares 3X Long Nvidia Daily ETP USD (3LVP)

**Source:** https://fundology.uk/fund/3lvp · ISIN XS2734938835 · 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 30/09/2026, 3LVP (GraniteShares 3X Long Nvidia Daily ETP USD, ISIN XS2734938835) closed at £31.47 on the London Stock Exchange. Its ongoing charge is 4.94% a year (about £494 on £10,000). Over the five years to 30/09/2026 its price changed by +1132.0%, or +874.3% after UK CPIH inflation.

## Summary

GraniteShares 3X Long Nvidia Daily ETP USD 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 4.94% a year — about £494 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: **£31.47** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 3LVP |
| ISIN | XS2734938835 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x Short NVIDIA Corp Index |
| Income | Accumulating |
| Ongoing charge | 4.94% a year (£494 per £10,000) |
| Fund size | £21.9m |
| Launched | 2020 |
| Domicile | Ireland |

## Past returns (periods to 30/09/2026)

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 | +9.79% | +6.35% | income reinvested |
| 3 years | +905.75% | +807.56% | income reinvested |
| 5 years | +1132.00% | +874.26% | price only |

Returns: TradingView (delayed data) and Fundology, from recorded daily closes. Inflation: ONS CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of GraniteShares 3X Long Nvidia Daily ETP USD in pounds (price, with income reinvested in the fund): 2022 −96.5%, 2023 +1688.9%, 2024 +666.7%, 2025 −7.8%; 2026 to 30/09/2026 +17.0%. Returns of GraniteShares 3X Long Nvidia Daily ETP USD in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +22.4%; to 30/09/2025: +18.9%; to 30/09/2024: +600.1%; to 30/09/2023: +1392.6%; to 30/09/2022: −93.3%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -96.5% | -96.8% | Price |
| 2023 | +1688.9% | +1617.7% | Price |
| 2024 | +666.7% | +640.6% | Price |
| 2025 | -7.8% | -10.9% | Price |
| 2026 to 30/09/2026 | +17.0% | +13.7% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 102.83% | -53.73% |
| 3 years | 129.13% | -87.09% |
| 5 years | 141.09% | -98.38% |

## Largest fall

Volatility of GraniteShares 3X Long Nvidia Daily ETP USD in pounds, annualised from weekly returns to 30/09/2026: 102.8% over 1 year, 129.1% over 3 years, 141.1% over 5 years. Largest fall in the price of GraniteShares 3X Long Nvidia Daily ETP USD since October 2021, in pounds: −98.4% from 19/11/2021 to 14/10/2022. The lowest 12-month return of GraniteShares 3X Long Nvidia Daily ETP USD in pounds (price, with income reinvested in the fund) since April 2021 was −96.8% (12 months to 04/11/2022); the highest was +2496.1% (12 months to 08/03/2024). On 30/09/2026 the price of GraniteShares 3X Long Nvidia Daily ETP USD was 29.6% below its highest weekly close since October 2021 (14/06/2024), in pounds.

## Charges compared with similar funds

Ongoing charge of GraniteShares 3X Long Nvidia Daily ETP USD 4.94% a year, as of 01/10/2026: 3 of the 280 other leveraged and inverse products charge more, 0 the same and 277 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **4.94%** per year
- ISA eligible: yes
- SIPP eligible: yes

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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.