MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN (OILD) Price

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price

EUR
TER0.95 %
AUM20.49 M USD
IndexSolactive MicroSectors Oil & Gas Exploration & Production Index
CurrencyUSD
Funds Launch11/8/2021

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN Price

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Underlying

ETN
ETN3X Short Daily
ETN

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN provides 3X inversedaily exposure to ETN.

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.

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN List of Holdings

Frequently asked questions about MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN

MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN is offered by REX Microsectors, a leading player in the field of passive investments.

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