WisdomTree Natural Gas 3x Daily Leveraged (3NGL.L)
Company overview
The WisdomTree Natural Gas 3x Daily Leveraged is an Exchange Traded Commodity (ETC) fully backed by assets, providing investors with amplified, leveraged exposure to the natural gas market. This product is designed to achieve a total return equivalent to three times the daily performance of the Solactive Natural Gas Commodity Futures SL Index (SOLWSNG2). This return also includes any earned interest, all adjusted to reflect the associated fees and operational costs. For instance, if the Solactive Natural Gas Commodity Futures SL Index increases by 1% on a given day, the ETC would typically experience a 3% gain, prior to accounting for fees. Conversely, a 1% decline in the index over the same period would generally lead to a 3% loss for the ETC, before charges.
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 Natural Gas 3x Daily Leveraged (3NGL.L)
No price history available.
The WisdomTree Natural Gas 3x Daily Leveraged is an Exchange Traded Commodity (ETC) fully backed by assets, providing investors with amplified, leveraged exposure to the natural gas market. This product is designed to achieve a total return equivalent to three times the daily performance of the Solactive Natural Gas Commodity Futures SL Index (SOLWSNG2). This return also includes any earned interest, all adjusted to reflect the associated fees and operational costs. For instance, if the Solactive Natural Gas Commodity Futures SL Index increases by 1% on a given day, the ETC would typically experience a 3% gain, prior to accounting for fees. Conversely, a 1% decline in the index over the same period would generally lead to a 3% loss for the ETC, before charges.
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