Description

The WisdomTree S&P 500 3x Daily Short is a UCITS-compliant, fully collateralized Exchange Traded Product (ETP). It is designed to offer investors amplified inverse exposure to the S&P 500 index. This product's total return aims to mirror three times the opposite daily movement of the S&P 500 Total Return Index (SPXT). This performance also incorporates ongoing fees and the financial implications (costs and revenues) inherent to short-selling equities. To illustrate: if the S&P 500 Total Return Index advances by 1% on a particular day, the ETP would decline by approximately 3%, excluding charges. Conversely, a 1% drop in the underlying index over the same period would lead to a roughly 3% gain for the ETP, prior to fees.