What is the ISIN of Leverage Shares 3x Long SanDisk (SNDK) ETP?

The ISIN of Leverage Shares 3x Long SanDisk (SNDK) ETP is XS3299462070.

What does leveraged daily exposure mean for Leverage Shares 3x Long SanDisk (SNDK) ETP?

Leverage Shares 3x Long SanDisk (SNDK) ETP aims to deliver 3 times the daily return of SNDK (long). 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 Leverage Shares 3x Long SanDisk (SNDK) ETP?

Volatility decay (also called compounding drag) occurs because Leverage Shares 3x Long SanDisk (SNDK) 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.

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Leverage Shares 3x Long SanDisk (SNDK) ETP (SND3.L) Price

Leverage Shares 3x Long SanDisk (SNDK) ETP Price

— EUR

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TER0 %

Funds Launch3/23/2026

Leverage Shares 3x Long SanDisk (SNDK) ETP Price

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Underlying

SNDK

SNDK3X Long Daily

SNDK

Leverage Shares 3x Long SanDisk (SNDK) ETP provides 3X daily exposure to SNDK.

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.