WisdomTree Short CHF Long EUR 3x Daily
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WisdomTree Short CHF Long EUR 3x Daily is an Exchange Traded Product that aims to deliver three times the inverse of the daily performance between the Swiss Franc and the Euro. It achieves this by holding leveraged short positions in Swiss Franc relative to the Euro using FX forward contracts. This means that if the Swiss Franc strengthens against the Euro, the fund’s value decreases by three times that movement, and if the Swiss Franc weakens, the fund’s value increases by three times the change.
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Currencyleveragemsfxsm triple short swiss franceuro total return index