Description

The WisdomTree DAX 3x Daily Short is a fully collateralised, UCITS-compliant Exchange Traded Product (ETP) engineered to provide investors with amplified inverse exposure to the DAX index. This ETP mirrors the ShortDAX x3 TR Index (SHRTDX3), seeking to deliver a total return equivalent to three times the inverse of the DAX Index's daily performance. This return incorporates management fees, alongside the typical costs and revenues associated with short-selling. To illustrate, if the DAX Index gains 1% on a given day, the ETP is designed to fall by approximately 3%, before fees. Conversely, a 1% decline in the DAX Index over the same period would typically result in a 3% increase for the ETP, excluding fees.