What does leveraged daily exposure mean for WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN?

WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN aims to deliver 3 times the daily return of STOXX (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN?

Volatility decay (also called compounding drag) occurs because WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN (3EDS.L) Kurz

Q: Jaký je ISIN WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN?

ISIN WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN je XS3003323741.

WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN Kurz

—EUR

PRO

TER4,49 %

AUM747 728,06 EUR

IndexSTOXX Europe Total Market Aerospace & Defense Index - EUR - Benchmark TR Gross

MěnaEUR

Zahájení fondu30. 4. 2025

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Základní

STOXX

STOXX3X Short Daily

STOXX

WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN poskytuje 3X inverznídenní expozici STOXX.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.