# Graniteshares 3X Long Apple Daily ETP (3LWP) **Page:** https://fundology.uk/fund/3lwp · ISIN XS2722161424 ## 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, 3LWP (Graniteshares 3X Long Apple Daily ETP, ISIN XS2722161424) closed at £54.58 on the London Stock Exchange. Its ongoing charge is 2.69% a year (about £269 on £10,000). Over the five years to 13/11/2026 its price changed by +388.5%, or +281.3% after UK CPIH inflation. ## Summary Graniteshares 3X Long Apple 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 2.69% a year — about £269 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: **£54.58** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | 3LWP | | ISIN | XS2722161424 | | Also listed as | 3LAE (London Stock Exchange, euros), 3LAP (London Stock Exchange, US dollars) | | Category | Leveraged & inverse | | Type | ETN / ETP | | Provider | GraniteShares | | Tracks | Solactive Daily Leveraged 3x Long Apple Inc Index | | Income | Accumulating | | Ongoing charge | 2.69% a year (£269 per £10,000) | | Fund size | £5.3m | | Launched | 2020 | | Domicile | Ireland | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 04/12/2023 | ## 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 | +58.14% | +52.54% | income reinvested | | 3 years | +379.67% | +333.37% | price only | | 5 years | +388.48% | +281.28% | price only | 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 Apple Daily ETP in pounds (price, with income reinvested in the fund): 2022 −72.6%, 2023 +402.7%, 2024 +51.2%, 2025 −17.3%; 2026 to 13/11/2026 +78.5%. Returns of Graniteshares 3X Long Apple Daily ETP in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +67.5%; to 30/09/2025: −6.2%; to 30/09/2024: +218.3%; to 30/09/2023: +13.9%; to 30/09/2022: −9.1%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | -72.6% | -74.9% | Price | | 2023 | +402.7% | +382.6% | Price | | 2024 | +51.2% | +46.1% | Price | | 2025 | -17.3% | -20.1% | Price | | 2026 to 13/11/2026 | +78.5% | +72.8% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 78.75% | -34.69% | | 3 years | 101.84% | -67.61% | | 5 years | 94.15% | -74.10% | ## Largest fall Volatility of Graniteshares 3X Long Apple Daily ETP in pounds, annualised from weekly returns to 13/11/2026: 78.7% over 1 year, 101.8% over 3 years, 94.1% over 5 years. Largest fall in the price of Graniteshares 3X Long Apple Daily ETP since November 2021, in pounds: −74.1% from 10/12/2021 to 06/01/2023. The lowest 12-month return of Graniteshares 3X Long Apple Daily ETP in pounds (price, with income reinvested in the fund) since April 2021 was −72.6% (12 months to 30/12/2022); the highest was +402.7% (12 months to 29/12/2023). On 13/11/2026 the price of Graniteshares 3X Long Apple Daily ETP was at its highest weekly close since November 2021, in pounds. ## Charges compared with similar funds Ongoing charge of Graniteshares 3X Long Apple Daily ETP 2.69% a year. Compared on 14/11/2026, 74 of the 210 other leveraged and inverse products charge more, 1 the same and 135 less (share classes counted once). ## Charges & eligibility - Ongoing charges figure (OCF): **2.69%** 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 3LWP?** The ongoing charge of 3LWP is 2.69% a year — about £269 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 Apple Daily ETP 2.69% a year. Compared on 14/11/2026, 74 of the 210 other leveraged and inverse products charge more, 1 the same and 135 less (share classes counted once). **What does 3LWP track?** 3LWP tracks the Solactive Daily Leveraged 3x Long Apple Inc Index. **Is 3LWP accumulating or distributing?** 3LWP 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 3LWP?** The ISIN of 3LWP is XS2722161424. An ISIN identifies one exact share class of a fund; 3LWP is its ticker on the London Stock Exchange. The same share class is also listed as 3LAE (London Stock Exchange, euros) and 3LAP (London Stock Exchange, US dollars). **What were 3LWP’s returns in each of the last five years?** Calendar-year returns of 3LWP in pounds (price, with income reinvested in the fund): 2022 −72.6%, 2023 +402.7%, 2024 +51.2%, 2025 −17.3%; 2026 to 13/11/2026 +78.5%. Past performance is not a guide to future returns. **How has 3LWP done after inflation?** Over the five years to 13/11/2026 3LWP’s price changed by +388.5%, or +281.3% 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.