# GraniteShares 2x Short Sandisk Daily ETP (SADP)

**Source:** https://fundology.uk/fund/sadp · ISIN XS3415295495 · 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, SADP (GraniteShares 2x Short Sandisk Daily ETP, ISIN XS3415295495) closed at £7.62 on the London Stock Exchange. Its ongoing charge is 0.02% a year (about £2 on £10,000).

## Summary

GraniteShares 2x Short Sandisk 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:** 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: **£7.62** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SADP |
| ISIN | XS3415295495 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 2x Short Sandisk Index - USD - Benchmark TR Net |
| Income | Accumulating |
| Ongoing charge | 0.02% a year (£2 per £10,000) |
| Fund size | £1.3m |
| Launched | 2026 |
| Domicile | Ireland |

## Charges compared with similar funds

Ongoing charge of GraniteShares 2x Short Sandisk 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).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.02%** 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.