WisdomTree NASDAQ 100 3x Daily Leveraged (QQQ3.L)
Company overview
The WisdomTree NASDAQ 100 3x Daily Leveraged is an Exchange Traded Product (ETP) that allows investors to achieve a magnified return profile relative to the NASDAQ 100 index. Specifically, this ETP is engineered to deliver three times the daily performance of the NASDAQ 100 Net Total Return Index (XNDXNNR). It is fully collateralised and adheres to UCITS regulations, offering a robust investment structure. This daily tracking is measured before accounting for the ETP's own management fees and operational costs, which are inherent to maintaining a leveraged position in equities. To illustrate its mechanism: if the NASDAQ 100 Net Total Return Index experiences a 1% gain on a given day, the ETP aims for a 3% increase, discounting its fees. Conversely, a 1% daily decline in the index would typically result in a 3% drop in the ETP's value, also before fees are applied.
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 NASDAQ 100 3x Daily Leveraged (QQQ3.L)
No price history available.
The WisdomTree NASDAQ 100 3x Daily Leveraged is an Exchange Traded Product (ETP) that allows investors to achieve a magnified return profile relative to the NASDAQ 100 index. Specifically, this ETP is engineered to deliver three times the daily performance of the NASDAQ 100 Net Total Return Index (XNDXNNR). It is fully collateralised and adheres to UCITS regulations, offering a robust investment structure. This daily tracking is measured before accounting for the ETP's own management fees and operational costs, which are inherent to maintaining a leveraged position in equities. To illustrate its mechanism: if the NASDAQ 100 Net Total Return Index experiences a 1% gain on a given day, the ETP aims for a 3% increase, discounting its fees. Conversely, a 1% daily decline in the index would typically result in a 3% drop in the ETP's value, also before fees are applied.
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