What does WisdomTree EURO STOXX Banks 3x Daily Leveraged invest in?▾
WisdomTree EURO STOXX Banks 3x Daily Leveraged is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged exposure to the EURO STOXX Banks. The ETP tracks the EURO STOXX Banks Daily Leverage 3 EUR Net Return Index (SX7T3L), providing a total return comprised of 3 times the daily performance of the EURO STOXX Banks Net Return Index, adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks. For example, if the EURO STOXX Banks Net Return Index rises by 1% over a day, then the ETP will rise by 3%,...
