Description

The WisdomTree DAX 3x Daily Leveraged is a fully collateralised, UCITS-compliant Exchange Traded Product (ETP) crafted to provide investors with magnified exposure to the DAX index. This ETP achieves its goal by tracking the LevDAX x3 TR Index (LEVDAX3), aiming to deliver a total return that is three times the daily performance of the DAX Index. This return is also adjusted to cover the various fees and expenses involved in sustaining a leveraged equity investment. To illustrate, if the DAX Index increases by 1% on a given day, the ETP is designed to appreciate by 3% (before accounting for charges). Conversely, a 1% decline in the DAX Index over the same period would typically lead to a 3% loss for the ETP, also prior to fees.