WisdomTree PHLX Semiconductor 3x Daily Leveraged (3SEM.L) Price
WisdomTree PHLX Semiconductor 3x Daily Leveraged Price
Underlying
WisdomTree PHLX Semiconductor 3x Daily Leveraged provides 3X daily exposure to PHLX.
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 PHLX Semiconductor 3x Daily Leveraged List of Holdings
Frequently asked questions about WisdomTree PHLX Semiconductor 3x Daily Leveraged
WisdomTree PHLX Semiconductor 3x Daily Leveraged is offered by WisdomTree, a leading player in the field of passive investments.
The ISIN of WisdomTree PHLX Semiconductor 3x Daily Leveraged is XS3091657729.
WisdomTree PHLX Semiconductor 3x Daily Leveraged aims to deliver 3 times the daily return of PHLX (long). 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 PHLX Semiconductor 3x Daily Leveraged 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 PHLX Semiconductor 3x Daily Leveraged 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 PHLX Semiconductor 3x Daily Leveraged provides 3X daily long exposure to PHLX. When PHLX moves +1% in a day, WisdomTree PHLX Semiconductor 3x Daily Leveraged targets approximately 3% (before fees).
The total expense ratio of WisdomTree PHLX Semiconductor 3x Daily Leveraged is 4.49%, which means that investors pay 449.00 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, WisdomTree PHLX Semiconductor 3x Daily Leveraged does not comply with the EU UCITS investor protection directives.
WisdomTree PHLX Semiconductor 3x Daily Leveraged tracks the performance of the PHLX Semiconductor Sector Index.
WisdomTree PHLX Semiconductor 3x Daily Leveraged is domiciled in IE.
The fund was launched on 7/7/2025.
The WisdomTree PHLX Semiconductor 3x Daily Leveraged mainly invests in Information technology companies.
The NAV of WisdomTree PHLX Semiconductor 3x Daily Leveraged amounts to 50.32 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
WisdomTree PHLX Semiconductor 3x Daily Leveraged