Description

This Exchange Traded Product (ETP) from Leverage Shares aims to replicate the daily performance of the iSTOXX Leveraged 3X NFLX Index. This index is specifically formulated to provide three times the daily amplified returns, whether positive or negative, of Netflix, Inc. stock. To achieve this, the ETP holds a direct stake in Netflix, Inc. shares and employs borrowed funds to acquire an even larger exposure to the company's stock.