WisdomTree Silver 3x Daily Short
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General Objective
The fund aims to provide investors with a leveraged short exposure to Silver, offering a total return comprised of -3 times the daily performance of the Solactive Silver Commodity Futures SL Index.
Fund Exposure
The fund is exposed to front-month COMEX Silver commodity futures contracts, rolling monthly out of the expiring front-month contract and into the next front-month contract. It measures excess return performance based on futures price performance and roll return, with a leverage factor of -3x.
Risks
Investing in this fund involves market risk, liquidity risk, currency risk, counterparty risk, and credit risk. Potential losses may be magnified due to leverage, and daily compounding may result in unexpected returns if the investor does not fully understand how a daily leveraged ETP works. It is recommended for sophisticated and informed investors who understand the risks involved and intend to invest on a short-term basis.