What does WisdomTree NASDAQ 100 3x Daily Short invest in?▾
WisdomTree NASDAQ 100 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to the NASDAQ 100. The ETP provides a total return comprised of -3 times the daily performance of the NASDAQ 100 Total Return Index (XNDX), adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks. For example, if the NASDAQ 100 Total Return Index rises by 1% over a day, then the ETP will fall by 3%, excluding fees. However if the NASDAQ 100 Total Return Index falls by 1% over a day, then the...
