WisdomTree Nickel 2x Daily Leveraged
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WisdomTree Nickel 2x Daily Leveraged is an exchange-traded commodity fund that focuses on nickel by investing directly in nickel futures contracts. The fund uses leverage to double the daily movements of the Bloomberg Nickel Sub Excess Return Index, meaning it holds a portfolio designed to achieve twice the daily price changes of nickel. It continuously rolls these futures contracts on a set schedule to maintain its leveraged exposure, allowing investors to potentially amplify gains (and losses) based on the day-to-day performance of nickel prices.
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leveragednickelbloomberg nickel sub excess return index