Description

This WisdomTree Gold 3x Daily Short is a fully collateralized Exchange Traded Commodity (ETC) designed to offer investors amplified, inverse exposure to the daily price movements of gold. Its overall return aims to replicate three times the opposite daily performance of the Solactive Gold Commodity Futures SL Index (SOLWSGC1). This calculation also incorporates any interest revenue, adjusted to reflect all associated product fees and costs. For example, if the Solactive Gold Commodity Futures SL Index gains 1% on a given day, this ETC would typically fall by 3%, excluding fees. Conversely, should the Solactive Gold Commodity Futures SL Index decrease by 1% during the same day, the ETC would generally rise by 3%, prior to accounting for fees.