Ten new ETNs from GraniteShares: access to three baskets of stocks FAANG, FATANG and GAFAM from top US companies in long and short variants with leverage

Since Tuesday, ten new ETNs issued by GraniteShares Financial have been tradable on Xetra and via Börse Frankfurt.

The new Exchange Traded Notes (ETNs) offer access to the performance of three different baskets of stocks made up of the largest US technology stocks worldwide. All companies are equally weighted in the basket of shares. Investors can choose between leveraged long and short product classes.

The basket of shares, called FAANG, represents the U.S. companies Amazon, Apple, Alphabet, Meta Platforms Inc., and Netflix Inc.

The basket of stocks, called FATANG, stands for Alphabet, Amazon, Apple, Meta Platforms Inc, Netflix Inc., and Tesla.

The basket of stocks, called GAFAM, includes Amazon, Apple, Alphabet, Meta Platforms Inc., and Microsoft.

NameAsset classISINManagement feeReference index
GraniteShares 3x Long FAANG Daily ETPETNXS23050508040.99 per centSolactive Daily Leveraged 3x Long FAANG Index
GraniteShares 3x Short FAANG Daily ETPETNXS23050510180.99 per centSolactive Daily Leveraged 3x Short FAANG Index
GraniteShares FATANG ETPETNXS23050507130.69 per centSolactive FATANG Equal Weight Index
GraniteShares 3x Long FATANG Daily ETPETNXS23050518770.99 per centSolactive Daily Leveraged 3x Long FATANG Index
GraniteShares 3x Short FATANG Daily ETPETNXS23050519500.99 per centSolactive Daily Leveraged 3x Short FATANG Index
GraniteShares 1x Short FATANG Daily ETPETNXS23050521720.99 per centSolactive Daily Leveraged 1x Short FATANG Index
GraniteShares GAFAM ETPETNXS23050506300.69 per centSolactive GAFAM Equal Weight Index
GraniteShares 3x Long GAFAM Daily ETPETNXS23050512810.99 per centSolactive Daily Leveraged 3x Long GAFAM Index
GraniteShares 3x Short GAFAM Daily ETPETNXS23050514480.99 per centSolactive Daily Leveraged 3x Short GAFAM Index
GraniteShares 1x Short GAFAM Daily ETPETNXS23050515210.99 per centSolactive Daily Leveraged 1x Short GAFAM Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,044 ETFs, 186 ETCs and 246 ETNs. With this selection and an average monthly trading volume of around €19 billion, Xetra is the leading trading venue for ETFs in Europe.

Published on June 6, 2023

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