Description

The GraniteShares 1x Short FATANG Daily ETP functions as a collateralized investment vehicle, specifically an Exchange Traded Product (ETP). Its design is to replicate the performance of the Solactive Daily Leveraged 1x short FATANG Index, before accounting for any fees or other associated charges. The index it tracks is engineered to provide inverse daily returns, meaning it aims to deliver negative one times (-1x) the day-to-day movements of the Solactive FATANG Equal Weight Index NTR.