Description

The WisdomTree EURO STOXX 50 3x Daily Leveraged is a UCITS-compliant, fully asset-backed Exchange Traded Product (ETP) designed to offer investors a magnified exposure to the EURO STOXX 50 index. This ETP specifically tracks the EURO STOXX 50 Daily Leverage 3 EUR Net Return Index (SX5TDL3). It aims to deliver a daily return that is three times the performance of the EURO STOXX 50 EUR Net Return Index, taking into account the various fees and costs inherent to managing a leveraged position in equities. For instance, if the EURO STOXX 50 EUR Net Return Index rises by 1% over a single day, the ETP is expected to increase by 3%, before its own operational fees are applied. Conversely, should the EURO STOXX 50 EUR Net Return Index fall by 1% on a given day, the ETP would concurrently decline by 3%, also prior to the application of its fees.