WisdomTree S&P 500 3x Daily Leveraged (3USL.L)
Company overview
This WisdomTree S&P 500 3x Daily Leveraged product is a fully collateralised Exchange Traded Product (ETP) that complies with UCITS regulations. Its primary objective is to offer investors magnified exposure to the performance of the S&P 500. The ETP is designed to deliver a return equivalent to three times the daily performance of the S&P 500 Net Total Return Index (SPTR500N), after factoring in the various fees and costs inherent to managing a geared investment in equities. For example, if the S&P 500 Net Total Return Index gains 1% in a single day, the ETP would typically see a 3% increase, before accounting for its fees. Conversely, a 1% decline in the index over the same period would generally result in a 3% loss for the ETP, also prior to deducting fees.
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 S&P 500 3x Daily Leveraged (3USL.L)
No price history available.
This WisdomTree S&P 500 3x Daily Leveraged product is a fully collateralised Exchange Traded Product (ETP) that complies with UCITS regulations. Its primary objective is to offer investors magnified exposure to the performance of the S&P 500. The ETP is designed to deliver a return equivalent to three times the daily performance of the S&P 500 Net Total Return Index (SPTR500N), after factoring in the various fees and costs inherent to managing a geared investment in equities. For example, if the S&P 500 Net Total Return Index gains 1% in a single day, the ETP would typically see a 3% increase, before accounting for its fees. Conversely, a 1% decline in the index over the same period would generally result in a 3% loss for the ETP, also prior to deducting fees.
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