WisdomTree Long USD Short EUR 3x Daily

WisdomTree Long USD Short EUR 3x Daily is an Exchange Traded Product that provides investors with triple leveraged exposure to the US dollar compared to the euro. The fund achieves this by using FX forward contracts that are three times long USD and short EUR, aiming to amplify the daily movements between these two currencies. If the US dollar strengthens against the euro, the fund’s value increases threefold, and if the dollar weakens, the fund’s value decreases by three times the daily change. Additionally, the portfolio incorporates interest rate differences between the USD and EUR to enhance returns.