WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.MI)
WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.MI)
Company overview
The WisdomTree EURO STOXX Banks 3x Daily Leveraged is an Exchange Traded Product (ETP) that offers investors triple daily leveraged exposure to the EURO STOXX Banks index. This ETP is fully collateralised and adheres to UCITS standards. It is structured to replicate the performance of the EURO STOXX Banks Daily Leverage 3 EUR Net Return Index (SX7T3L), delivering a return equivalent to three times the daily movement of the EURO STOXX Banks Net Return Index, prior to accounting for associated fees and operational expenses. For illustration, a 1% gain in the EURO STOXX Banks Net Return Index over a single day would typically result in a 3% increase for the ETP (before costs), while a 1% decline would lead to a 3% decrease for the ETP (before costs).
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
WisdomTree EURO STOXX Banks 3x Daily Leveraged (3BAL.MI)
No price history available.
The WisdomTree EURO STOXX Banks 3x Daily Leveraged is an Exchange Traded Product (ETP) that offers investors triple daily leveraged exposure to the EURO STOXX Banks index. This ETP is fully collateralised and adheres to UCITS standards. It is structured to replicate the performance of the EURO STOXX Banks Daily Leverage 3 EUR Net Return Index (SX7T3L), delivering a return equivalent to three times the daily movement of the EURO STOXX Banks Net Return Index, prior to accounting for associated fees and operational expenses. For illustration, a 1% gain in the EURO STOXX Banks Net Return Index over a single day would typically result in a 3% increase for the ETP (before costs), while a 1% decline would lead to a 3% decrease for the ETP (before costs).
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