GraniteShares 5x Short MIB Daily ETF
ISIN XS2531767767
TER
1.50% p.a.
Distribution policy
Accumulating
Replication
Swap-based
Fund size
1 m
Overview
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Description
The GraniteShares 5x Short MIB Daily ETF seeks to track the FTSE MIB Short Leverage (-5x) index. The FTSE MIB Short Leverage (-5x) index tracks the five times leveraged inverse performance of the FTSE MIB index on a daily basis. The FTSE MIB index tracks the largest 40 Italian companies.
Leveraged short strategy
Chart
Basics
Data
| Index | FTSE MIB Short Leverage (-5x) |
| Investment focus | Equity, Italy |
| Fund size | EUR 1 m |
| Total expense ratio | 1.50% p.a. |
| Replication | Synthetic (Swap-based) |
| Legal structure | ETN |
| Strategy risk | Short, Leverage |
| Sustainability | No |
| Fund currency | EUR |
| Currency risk | Currency unhedged |
| Volatility 1 year (in EUR) | 67.19% |
| Inception/ Listing Date | 9 June 2023 |
| Distribution policy | Accumulating |
| Distribution frequency | - |
| Fund domicile | Ireland |
| Fund Provider | GraniteShares |
| Fund Structure | - |
| UCITS compliance | No |
| Administrator | - |
| Investment Advisor | - |
| Custodian Bank | - |
| Revision Company | - |
| Fiscal Year End | - |
| Swiss representative | - |
| Swiss paying agent | - |
| Tax data | Bundesanzeiger | |
| Germany | Unknown | |
| Switzerland | Unknown | |
| Austria | Unknown | |
| UK | Unknown | |
| Indextype | - |
| Swap counterparty | - |
| Collateral manager | - |
| Securities lending | No |
| Securities lending counterparty | - |
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This section provides you with information on other ETNs with a similar investment focus to the GraniteShares 5x Short MIB Daily ETF.
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Order fees
Here you can find information about different brokers that allow you to trade ETFs. Select your preferred order volume to compare the fees charged by the respective brokers.
Order volume:
| Broker | Rating | Order fee | ETF savings plans | |
|---|---|---|---|---|
 | 0.99€ | 2593 | View offer* | |
 | 0.00€ | 1087 | View offer* | |
 | 0.00€ | 897 | View offer* | |
 | 5.90€ | 1706 | View offer* | |
 | 6.15€ | 1084 | View offer* |
Source: justETF Research; As of 11/2024; *Affiliate link
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
— The offers are sorted in the following way: 1. Rating 2. Order fee 3. Number of ETF savings plans.
— No guarantee can be given for the completeness and correctness of the information listed. The information provided by the online brokers is decisive. In addition to the indicated broker fees, additional costs (e.g. spreads, gratuities and product costs) may apply.
Performance
Returns overview
| YTD | -56.74% |
| 1 month | +18.13% |
| 3 months | -8.90% |
| 6 months | -1.15% |
| 1 year | -64.20% |
| 3 years | - |
| 5 years | - |
| Since inception (MAX) | -78.50% |
| 2023 | - |
| 2022 | - |
| 2021 | - |
| 2020 | - |
Monthly returns in a heat map
Risk
Risk metrics in this section:
- Volatility, annualised, measured for 1, 3 and 5 year periods. The annualised volatility reflects the degree of price fluctuations during a one year period. The higher the volatility, the more significantly the price of the asset (stock, ETF, etc.) has changed in the past. Assets with higher volatility are generally considered more risky. We calculate the volatility based on the data for the past 1, 3 and 5 years so that you can see if price fluctuations for the ETF became stronger or weaker over time.
- Return per risk for 1, 3 and 5 year periods. This is the annualised (i.e. converted to a one year period) past return divided by the past annualised volatility. The metric puts the historical return of an asset in relation to its historical risk and gives you a retrospective indication of the degree of price fluctuation you had to bear with in order to obtain the return. We calculate this parameter for 1, 3 and 5 year periods to display its evolution over time.
- Maximum drawdown for a period. This shows the worst possible loss an investor could have suffered during the respective period, by first buying and subsequently selling the asset at the least favourable prices. For example, if there was the following sequence of daily ETF prices: 10€, 5€, 12€, 20€, an investor would have suffered the worst loss by buying for 10€ and subsequently selling for 5€. Therefore in this case the maximum drawdown would be (5€ - 10€)/10€ = -50%.
Risk overview
| Volatility 1 year | 67.19% |
| Volatility 3 years | - |
| Volatility 5 years | - |
| Return per risk 1 year | -0.95 |
| Return per risk 3 years | - |
| Return per risk 5 years | - |
| Maximum drawdown 1 year | -70.69% |
| Maximum drawdown 3 years | - |
| Maximum drawdown 5 years | - |
| Maximum drawdown since inception | -82.40% |
Rolling 1 year volatility
Stock exchange
Listings
| Listing | Trade Currency | Ticker | Bloomberg / iNAV Bloomberg Code | Reuters RIC / iNAV Reuters | Market Maker |
|---|---|---|---|---|---|
| Borsa Italiana | EUR | 5SIT | - - | - - | - |
Further information
Frequently asked questions
What is the name of 5SIT?
The name of 5SIT is GraniteShares 5x Short MIB Daily ETF.
What is the ticker of GraniteShares 5x Short MIB Daily ETF?
The primary ticker of GraniteShares 5x Short MIB Daily ETF is 5SIT.
What is the ISIN of GraniteShares 5x Short MIB Daily ETF?
The ISIN of GraniteShares 5x Short MIB Daily ETF is XS2531767767.
What are the costs of GraniteShares 5x Short MIB Daily ETF?
The total expense ratio (TER) of GraniteShares 5x Short MIB Daily ETF amounts to 1.50% p.a.. These costs are withdrawn continuously from the fund assets and already included in the performance of the ETF. You don't have to pay them separately. Please have a look at our article for more information about the cost of ETFs.
Is GraniteShares 5x Short MIB Daily ETF paying dividends?
GraniteShares 5x Short MIB Daily ETF is an accumulating ETF. This means that dividends are not distributed to investors. Instead, dividends are reinvested in the fund on the ex-date, which leads to an increase of the ETF's share price.
What's the fund size of GraniteShares 5x Short MIB Daily ETF?
The fund size of GraniteShares 5x Short MIB Daily ETF is 1m Euro. See the following article for more information about the size of ETFs.
— Data provided by Trackinsight, etfinfo, Xignite Inc., gettex, FactSet and justETF GmbH. Quotes are either real-time (gettex) or 15 minutes delayed stock exchange quotes or NAVs (daily published by the fund provider). By default, ETF returns include dividend payments (if applicable). There is no warranty for completeness, accuracy and correctness for the displayed information.