Description

The WisdomTree WTI Crude Oil 2x Daily Leveraged is an Exchange Traded Commodity (ETC) that is fully backed by assets. Its primary objective is to offer investors magnified, or 'leveraged', exposure to the price movements of WTI Crude Oil. The ETC's performance aims to replicate, on a daily basis, twice the return of the Bloomberg WTI Crude Oil SL Excess Return Index (BCLSLER). Furthermore, its total return incorporates interest income, after accounting for all associated product fees and operational costs. This means that, for any given day, if the underlying Bloomberg WTI Crude Oil SL Excess Return Index gains 1%, the ETC is designed to gain 2% (prior to deductions). Conversely, a 1% decline in the index would result in a 2% fall for the ETC over the same daily period (excluding fees).