# GraniteShares 3X Long Nvidia Daily ETP USD (3LVP) **Page:** https://fundology.uk/fund/3lvp · ISIN XS2734938835 ## 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, 3LVP (GraniteShares 3X Long Nvidia Daily ETP USD, ISIN XS2734938835) closed at £9.72 on the London Stock Exchange. Its ongoing charge is 4.94% a year (about £494 on £10,000). Over the five years to 13/11/2026 its total return was −56.2%, or −65.8% 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: **£9.72** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3LVP | | ISIN | XS2734938835 | | Also listed as | 3LNV (London Stock Exchange, US dollars), 3LVE (London Stock Exchange, euros) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | GraniteShares | | Tracks | Solactive Daily Leveraged 3x Long NVIDIA Corp Index - USD - Benchmark TR Gross | | Income | Accumulating | | Ongoing charge | 4.94% a year (£494 per £10,000) | | Fund size | £8.8m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 10/06/2024 | ## 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 | -62.30% | -63.63% | price only | | 3 years | +212.42% | +182.26% | income reinvested | | 5 years | -56.20% | -65.81% | income reinvested | Returns: as reported (delayed data) and worked out from recorded daily closes. Inflation: UK 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 +783.3%, 2025 −20.0%; 2026 to 13/11/2026 −63.8%. 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: +0.3%; to 30/09/2025: +45.1%; to 30/09/2024: +600.1%; to 30/09/2023: +1392.6%; to 30/09/2022: −91.9%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -96.5% | -96.8% | Price | | 2023 | +1688.9% | +1617.7% | Price | | 2024 | +783.3% | +753.3% | Price | | 2025 | -20.0% | -22.7% | Price | | 2026 to 13/11/2026 | -63.8% | -65.0% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 104.28% | -74.51% | | 3 years | 130.39% | -87.09% | | 5 years | 138.97% | -98.38% | ## Largest fall Volatility of GraniteShares 3X Long Nvidia Daily ETP USD in pounds, annualised from weekly returns to 13/11/2026: 104.3% over 1 year, 130.4% over 3 years, 139.0% over 5 years. Largest fall in the price of GraniteShares 3X Long Nvidia Daily ETP USD since November 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 13/11/2026 the price of GraniteShares 3X Long Nvidia Daily ETP USD was 78.3% below its highest weekly close since November 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. Compared on 14/11/2026, 3 of the 210 other leveraged and inverse products charge more, 0 the same and 207 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **4.94%** per year - 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 is the ongoing charge of 3LVP?** The ongoing charge of 3LVP 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. Platform and dealing fees are charged separately. Ongoing charge of GraniteShares 3X Long Nvidia Daily ETP USD 4.94% a year. Compared on 14/11/2026, 3 of the 210 other leveraged and inverse products charge more, 0 the same and 207 less (share classes counted once). **What does 3LVP track?** 3LVP tracks the Solactive Daily Leveraged 3x Long NVIDIA Corp Index. **Is 3LVP accumulating or distributing?** 3LVP 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 3LVP?** The ISIN of 3LVP is XS2734938835. An ISIN identifies one exact share class of a fund; 3LVP is its ticker on the London Stock Exchange. The same share class is also listed as 3LNV (London Stock Exchange, US dollars) and 3LVE (London Stock Exchange, euros). **What were 3LVP’s returns in each of the last five years?** Calendar-year returns of 3LVP in pounds (price, with income reinvested in the fund): 2022 −96.5%, 2023 +1688.9%, 2024 +783.3%, 2025 −20.0%; 2026 to 13/11/2026 −63.8%. Past performance is not a guide to future returns. **How has 3LVP done after inflation?** Over the five years to 13/11/2026 3LVP’s total return was −56.2%, or −65.8% 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.