WisdomTree Short JPY Long EUR 3x Daily

WisdomTree Short JPY Long EUR 3x Daily is an exchange-traded product that aims to deliver three times the daily inverse performance of the Japanese Yen compared to the Euro. It achieves this by holding a portfolio of leveraged foreign exchange forward contracts that take short positions on the Yen relative to the Euro. This means that if the Yen weakens against the Euro, the fund seeks to amplify those gains threefold, and conversely, if the Yen strengthens, the fund aims to produce three times the corresponding loss.