WisdomTree Short EUR Long GBP 3x Daily
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WisdomTree Short EUR Long GBP 3x Daily is an exchange-traded product that uses leveraged foreign exchange contracts to provide three times the daily inverse exposure to the Euro compared to the British Pound. This means that if the Euro decreases against the Pound, the fund aims to increase by three times that movement, and if the Euro increases, the fund decreases by three times the change each day. The underlying portfolio consists of short positions in EUR relative to GBP, amplified through leverage to achieve the targeted threefold daily performance.
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leveragecurrency pairsmsfxsm triple short eurogbp index