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3SAZ
-3.14 · -38.36%
£5.05 · LSE

GraniteShares 3x Short AstraZeneca Daily ETC (3SAZ) ETF Analysis | Trading - Leveraged/Inverse Equity

GraniteShares Financial PLC · Ireland
AUM:£180,000
#– of – in Trading - Leveraged/Inverse Equity ETFs
ⓘ
Reward Rating
16
Weak
-71.40% 1Y return
ⓘ
Risk Rating
90
High
Risk Assessment

Educational tool only – Scores are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Down 71.4% over the past year, indicating meaningful price weakness.

Cost Efficiency

Ongoing charge of 0.99% — above average for this category.

What is 3SAZ?

GraniteShares 3x Short AstraZeneca Daily ETC tracks its benchmark index, providing diversified exposure across 1 holdings. Its ongoing charge is 0.99%.

Performance Highlights

Investment Breakdown

Negative 12-Month Return
3SAZ returned -71.4% over the past year, reflecting recent market conditions.
Higher Cost Profile
Ongoing charge of 0.99% is above average. Verify whether the strategy justifies the cost.
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Openbook Analysis

Performance: Weak (16)

The scoring profile reflects subdued historical performance over the measured period. The ongoing charge of 0.99% should be considered against long-term return expectations. Risk indicators are high, reflecting meaningful price sensitivity (historical).

For informational and educational purposes only. Not financial advice. Past performance is not indicative of future results.

ETF Information
AUM£180,000
Ongoing Charge0.99%
Dividend Yield0.00%
Holdings1
Inception DateNov 2019
DomicileIreland
Distribution–
Index–
ProviderGraniteShares Financial PLC
Beta–
CategoryTrading - Leveraged/Inverse Equity
CurrencyGBX
Portfolio Impact

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Example preview
6168
+7 points · better diversified
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Openbook price history2019-11-07 — 2026-09-14Daily adjusted close · 1,725 observations · source quote units
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Studies, appearance & dates

Price & display

Indicators

Wilder-smoothed relative strength, with 30 / 70 reference levels.

Periods count trading sessions. Studies use all loaded observations before zooming; short histories may not have enough data. Settings are remembered on this browser. Sign in to keep them on your account.

Date range

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Uses ISF.L (iShares FTSE 100 ETF)

Performance Metrics

Historical returns

6M
+43.1%
1Y
-36.2%
3Y
+2936.2%
5Y
+479.1%
OpenBook InsightIf you had invested £10,000 in 3SAZ 5 years ago, it would have grown to £57,913 — a gain of £47,913.

Annual Returns

Calendar year performance

3SAZ delivered positive returns in 3 of the last 5 calendar years.
Year3SAZ
2026 YTD+9.6%
2025-68.2%
2024+8790.4%
2023+3.9%
2022-72.5%
CAGR 4yr+68.6%
3/5 positive yearsAvg return: +1732.7%Worst year: -72.5% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
100%
Positive
Volatility
74.7%
Very High
Momentum
-12.8%
30-day change
Support Level
6.66
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.

Reward Rating Breakdown

Our reward rating analyses 3SAZ's attractiveness using 4 weighted factors. Each factor is scored 0-100, then combined using the weights shown below. Past performance does not guarantee future results.

Overall Reward Rating
16
Weak REWARD
Data Coverage: %
Factor Framework
Performance
Has the ETF delivered strong historical returns versus similar ETFs?
Cost Efficiency
Is the ETF cheap to own over long periods?
Income
Does it provide attractive and consistent distributions?
Diversification Quality
Does it spread exposure across holdings, sectors, and regions?
Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Past performance is not indicative of future results.

Risk Rating Breakdown

Our risk rating analyses 3SAZ using 4 weighted factors. A higher score indicates higher risk. This is a framework for understanding exposure — concentrated funds can still be doing exactly what they're meant to do.

Overall Risk Rating
90
High RISK
Data Coverage: 17%
Factor Framework
Holdings Concentration
How much of the fund sits in its largest positions? Few dominant names mean returns ride on those companies.
Market Exposure
Geographic, sector and cyclical dependencies. High single-country or single-sector weight increases macro sensitivity.
Volatility
Historical price movement, beta and drawdowns — how sharply the fund moves relative to the market.
Income Reliability
How dependable the distribution yield is — cyclical-sector dependency and unusually high yields can flag payout risk.
Scores are derived from fund-provider disclosures and historical data. For informational and educational purposes only — not investment advice. Risk scoring is model-based and past data does not guarantee future results.
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