WisdomTree NASDAQ 100 3x Daily Short
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WisdomTree NASDAQ 100 3x Daily Short is an exchange-traded product designed to deliver three times the opposite of the daily movements of the NASDAQ-100 Index. It achieves this by holding a portfolio that uses leveraged short positions on the 100 largest non-financial companies listed on the NASDAQ Stock Market. This means that if the NASDAQ-100 goes down by 1% in a day, the fund aims to increase by approximately 3%, and if the index rises by 1%, the fund is expected to decrease by about 3%. The fund continually adjusts its holdings to maintain this inverse leveraged exposure each day.