# GraniteShares 3x Short SpaceX Daily ETP (SNKP)

**Source:** https://fundology.uk/fund/snkp · ISIN XS3415294928 · 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 05/10/2026, SNKP (GraniteShares 3x Short SpaceX Daily ETP, ISIN XS3415294928) closed at £5.81 on the London Stock Exchange.

## Summary

GraniteShares 3x Short SpaceX 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. 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: **£5.81** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | SNKP |
| ISIN | XS3415294928 |
| Category | Leveraged & inverse |
| Type | ETN / ETP |
| Provider | GraniteShares |
| Tracks | Solactive Daily Leveraged 3x Short SpaceX Index - USD - Benchmark TR Net |
| Income | Accumulating |
| Fund size | £1.3m |
| Launched | 2026 |
| Domicile | Ireland |

## Charges & eligibility

- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

**What does SNKP track?**

SNKP tracks the Solactive Daily Leveraged 3x Short SpaceX Index.

**Is SNKP accumulating or distributing?**

SNKP 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 SNKP?**

The ISIN of SNKP is XS3415294928. An ISIN identifies one exact share class of a fund; SNKP is its ticker on the London Stock Exchange.

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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.