Leverage Shares -3x Short NIO ETP (SNIO.L) Price
Leverage Shares -3x Short NIO ETP Price
Underlying
Leverage Shares -3x Short NIO ETP provides 3X inversedaily exposure to NIO.
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.
Leverage Shares -3x Short NIO ETP List of Holdings
Frequently asked questions about Leverage Shares -3x Short NIO ETP
Leverage Shares -3x Short NIO ETP is offered by Leverage Shares, a leading player in the field of passive investments.
The ISIN of Leverage Shares -3x Short NIO ETP is XS2706223133.
Leverage Shares -3x Short NIO ETP aims to deliver 3 times the daily return of NIO (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Leverage Shares -3x Short NIO ETP 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.
Leveraged ETFs like Leverage Shares -3x Short NIO ETP are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
Leverage Shares -3x Short NIO ETP provides 3X daily short/inverse exposure to NIO. When NIO moves +1% in a day, Leverage Shares -3x Short NIO ETP targets approximately 3% (before fees).
The total expense ratio of Leverage Shares -3x Short NIO ETP is 3.00%, which means that investors pay 300.00 USD per 10,000 USD in investment capital annually.
The ETF is listed in USD.
European investors may incur additional costs for currency exchange and transaction fees.
No, Leverage Shares -3x Short NIO ETP does not comply with the EU UCITS investor protection directives.
Leverage Shares -3x Short NIO ETP tracks the performance of the iSTOXX Inverse Leveraged -3x NIO Index - Benchmark TR Net.
Leverage Shares -3x Short NIO ETP is domiciled in IE.
The fund was launched on 12/14/2021.
The Leverage Shares -3x Short NIO ETP mainly invests in Cyclical consumer goods companies.
The NAV of Leverage Shares -3x Short NIO ETP amounts to 3.50 M USD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
Leverage Shares -3x Short NIO ETP