Description

The WisdomTree DAX 3x Daily Short is a UCITS-compliant, fully collateralized Exchange Traded Product (ETP) engineered to give investors amplified inverse exposure to the DAX stock market index. This ETP tracks the ShortDAX x3 TR Index (SHRTDX3), providing a total return that aims to be three times the inverse of the DAX Index's daily movement. This return also factors in associated fees, along with the expenses and income typically involved in short-selling equities. For instance, a 1% daily increase in the DAX Index would generally lead to a 3% decrease in the ETP's value (excluding fees). Conversely, if the DAX Index falls by 1% in a day, the ETP would typically see a 3% rise (before fees).