Description

WisdomTree S&P 500 3x Daily Short is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to the S&P 500. The ETP provides a total return comprised of -3 times the daily performance of the S&P 500 Total Return Index (SPXT), adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks. For example, if the S&P 500 Total Return Index rises by 1% over a day, then the ETP will fall by 3%, excluding fees. However if the S&P 500 Total Return Index falls by 1% over a day, then the ETP will rise by 3%, excluding fees.