WisdomTree Short GBP Long EUR 5x Daily
GBE5
ETF
ISIN JE00BMM1X270 / Valor null
NAV (2026-06-09)
EUR 12.92-1.13%
WisdomTree Short GBP Long EUR 5x Daily
UMushroom community rating:
WisdomTree Short GBP Long EUR 5x Daily aims to amplify the daily movements between the British Pound and the Euro by five times. It achieves this by holding a leveraged portfolio of FX forward contracts that bet against the British Pound and in favor of the Euro. This means if the Pound decreases in value compared to the Euro, the fund's returns are boosted fivefold, and conversely, if the Pound strengthens, losses are similarly magnified.
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