The GraniteShares 3x Long Diageo Daily ETP, trading under the ticker GB:3LDO, is a sophisticated financial instrument designed for investors seeking amplified exposure to the performance of Diageo, a global leader in the beverage industry. This Exchange-Traded Product (ETP) is intricately positioned within the Consumer Staples sector, with a razor-sharp focus on the Food, Beverage & Tobacco niche, making it an intriguing choice for those looking to capitalize on the stability and growth potential inherent in these essential markets.
This ETP employs leverage to provide three times the daily return of Diageo's stock, offering investors an opportunity to magnify their gains from short-term movements in Diageo's share price. However, this also means that potential losses are equally magnified, making it most suitable for experienced traders with a robust risk appetite and a keen eye on market trends.
The GraniteShares 3x Long Diageo Daily ETP is particularly appealing for those confident in Diageo's strategic positioning and its robust portfolio of iconic brands that cater to diverse global tastes. With the beverage giant's strong market presence and consistent consumer demand, this ETP offers a unique avenue for aggressive investors to harness the dynamics of the Consumer Staples sector, specifically within the Food, Beverage & Tobacco segment, for potentially enhanced returns.
Asset Class
Equity
Region
Europe
Issuer
GraniteShares
Index Tracked
Solactive Daily Leveraged 3x Long Diageo plc Index - GBP - Benchmark TR Net
Ticker Symbol
GB:3LDO
GraniteShares 3x Long Diageo Daily ETP (3LDO) Fund Flow Chart
GraniteShares 3x Long Diageo Daily ETP (3LDO) 1 year Net Flows: 285K
3LDO ETF FAQ
What was GB:3LDO’s price range in the past 12 months?
GB:3LDO lowest ETF price was 740.50 and its highest was 1928.00 in the past 12 months.
What is the AUM of GB:3LDO?
As of Jan 29, 2025 The AUM of GB:3LDO is 418.23K.
Is GB:3LDO overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:3LDO pay dividends?
GB:3LDO does not currently pay dividends.
How many shares outstanding does GB:3LDO have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:3LDO?
Currently, no hedge funds are holding shares in GB:3LDO