WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN (3EDS.L) Price
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN Price
Underlying
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN provides 3X inversedaily exposure to 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.
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN List of Holdings
Frequently asked questions about WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN is offered by WisdomTree, a leading player in the field of passive investments.
The ISIN of WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN is XS3003323741.
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.
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.
Leveraged ETFs like WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN 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.
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN provides 3X daily short/inverse exposure to STOXX. When STOXX moves +1% in a day, WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN targets approximately 3% (before fees).
The total expense ratio of WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN is 4.49%, which means that investors pay 449.00 EUR per 10,000 EUR in investment capital annually.
The ETF is listed in EUR.
European investors may incur additional costs for currency exchange and transaction fees.
No, WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN does not comply with the EU UCITS investor protection directives.
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN tracks the performance of the STOXX Europe Total Market Aerospace & Defense Index - EUR - Benchmark TR Gross.
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN is domiciled in GB.
The fund was launched on 4/30/2025.
The WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN mainly invests in Industrial Titles companies.
The NAV of WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN amounts to 8.04 M EUR.
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
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short ETN