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Fundology

ETN / ETP · GraniteShares

MICP GraniteShares 3x Long Micron Daily ETP

ISIN XS3415295578London Stock Exchange: MICPGraniteShares Financial Plc

Latest close

LSE

£8.88

on

Ongoing charge
0.02% a year
Fund size
£3.4m

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

At a glance

As of 30/09/2026, MICP (GraniteShares 3x Long Micron Daily ETP, ISIN XS3415295578) closed at £8.88 on the London Stock Exchange. Its ongoing charge is 0.02% a year (about £2 on £10,000).

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day rather than billed to you. Platform and dealing fees are charged separately.
Ongoing charge
0.02%
a year
On £10,000
£2
a year, roughly
Over five years
£10
of £10,000, before growth
Among 281 leveraged and inverse products, share classes counted once
  • 27 charge less
  • 11 the same
  • 242 charge more

Ongoing charge of GraniteShares 3x Long Micron Daily ETP 0.02% a year, as of 01/10/2026: 242 of the 280 other leveraged and inverse products charge more, 11 the same and 27 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

GraniteShares 3x Long Micron Daily ETP is an exchange-traded product from GraniteShares, launched in 2026.

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 0.02% a year — about £2 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: 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
MICP
ISIN
XS3415295578
Provider
GraniteShares
Tracks
Solactive Daily Leveraged 3x Long Micron 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.
Ongoing charge
0.02% a year · about £2 on £10,000
Fund size
£3.4m
Launched
Domicile
United Kingdom
Can be held in
ISA and SIPP
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£8.88+63.2% since 28/07/2026 · closing price
MICP closing price: £5.44 on 28/07/2026, £8.88 on 30/09/2026 (+63.2%); low £5.44, high £9.14.

Since 28/07/2026, the closing price went from £5.44 on 28/07/2026 to £8.88 on 30/09/2026 (+63.2%). The lowest close shown was £5.44 on 28/07/2026 and the highest £9.14 on 25/09/2026.

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

8 weekly closes, from 28/07/2026 to 30/09/2026. The same history in September 2026 pounds, adjusted with ONS CPIH inflation.

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

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How we work it out:Prices and returnsNAV and price

Questions people ask

What is the ongoing charge of MICP?

The ongoing charge of MICP is 0.02% a year — about £2 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 Micron Daily ETP 0.02% a year, as of 01/10/2026: 242 of the 280 other leveraged and inverse products charge more, 11 the same and 27 less (share classes counted once).

What does MICP track?

MICP tracks the Solactive Daily Leveraged 3x Long Micron Index.

Is MICP accumulating or distributing?

MICP 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 MICP?

The ISIN of MICP is XS3415295578. An ISIN identifies one exact share class of a fund; MICP is its ticker on the London Stock Exchange.

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
Charges
The fund’s ongoing charges figure, via TradingView
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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