WisdomTree Short USD Long GBP 3x Daily

WisdomTree Short USD Long GBP 3x Daily is an Exchange Traded Product that seeks to deliver three times the inverse daily performance of the US dollar compared to the British pound. It achieves this by holding a leveraged portfolio of foreign exchange forward contracts that short the USD and long the GBP. This structure means that if the US dollar weakens against the British pound, the fund aims to increase threefold, while if the dollar strengthens, the fund is designed to decrease by three times the daily movement.