WisdomTree Short USD Long EUR 3x Daily

WisdomTree Short USD Long EUR 3x Daily is a leveraged exchange-traded product that seeks to amplify the relationship between the US dollar and the euro. Specifically, it uses financial instruments to bet three times against the US dollar while favoring the euro. This means if the US dollar weakens against the euro, the fund aims to increase in value by three times that movement. Conversely, if the US dollar strengthens, the fund is designed to decrease in value threefold. The portfolio achieves this through a combination of foreign exchange forward contracts and strategies that leverage these currency movements to deliver the targeted threefold exposure.