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3XEE

5.49150 EUR
0.091
1.63%
Last update Jun 27, 5:30 PM CEST
Market closed
Day range
5.49150
5.67100
Previous close
5.58250
Open
5.67100
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LS 3X Oil & Gas Fund
5.49
0.09
1.63%

Overview

Description

The LS 3X Oil & Gas Fund is a leveraged financial instrument designed to provide investors with triple the daily return of a specified index or market within the oil and gas sector. Leveraged exchange-traded funds (ETFs) like this one are tailored to amplify the movements of underlying benchmarks, enabling investors to gain significant exposure to the volatility and rapid price movements common in commodity markets. This fund primarily focuses on the energy sector, covering both exploration and production segments, alongside integrated oil and gas companies. The LS 3X Oil & Gas Fund plays a crucial role for traders seeking short-term, tactical exposure to energy market fluctuations, responding rapidly to geopolitical events, supply-demand dynamics, and global economic shifts. It is important in providing liquidity and price discovery within the financial ecosystem, reflecting speculative sentiment and assisting in hedging other investment portfolios against energy-related price changes. Due to their structure and use of derivatives, leveraged funds are intended for experienced investors who understand their risk profiles and complexities.

About

CEO
Employees
0
Address
Phone
Website
Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XETR
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 1 day 32 minutes

06:27
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
07:00 - 09:00
Main market
09:00 - 17:45
Post-market
17:30 - 20:30
All times are displayed in the Europe/Berlin timezone (CEST, UTC+02:00).