WisdomTree DAX 3x Daily Short
public_traded
WisdomTree DAX 3x Daily Short is publicly traded on LSE under ticker 3SDE.L.
WisdomTree DAX 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to the DAX. The ETP tracks the ShortDAX x3 TR Index (SHRTDX3), providing a total return comprised of -3 times the daily performance of the DAX Index, adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks. For example, if the DAX Index rises by 1% over a day, then the ETP will fall by 3%, excluding fees. However if the DAX Index falls by 1% over a day, then the ETP will rise by 3%, excluding fees.