Overview
Description
WisdomTree STOXX Europe Aerospace & Defense 3x Daily Leveraged UCITS ETF is a thematic exchange-traded product designed to deliver triple-leveraged exposure to the daily performance of the STOXX Europe Total Market Aerospace & Defense Net Total Return index. This ETF aims to magnify the returns of European aerospace and defense stocks by providing investors with three times the daily index movement, utilizing a fully collateralized, swap-based structure. The underlying index features prominent European defense and aerospace companies such as Rheinmetall, BAE Systems, Thales, Leonardo, and Saab, reflecting strategic industries at the forefront of security and technological advancement in Europe. The ETF reinvests dividends into the fund, following an accumulating income policy, rather than distributing them to investors. With its leveraged approach, the product caters to market participants seeking amplified, short-term tactical allocations to the European aerospace and defense sector. The fund operates under UCITS eligibility, offering transparency, liquidity, and risk management features, and is structured as a debt security rather than as shares. Its recent launch coincides with heightened attention on European security and defense spending, making it a notable instrument for sector-focused strategies.
About
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Website
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON