WT Nasdaq 100 3x Daily Short Fund

The WT Nasdaq 100 3x Daily Short Fund is an exchange-traded fund (ETF) designed specifically for sophisticated investors seeking to capitalize on daily inverse movements of the Nasdaq-100 Index. The fund's primary function is to deliver a return that is three times the inverse of the daily performance of the Nasdaq-100 Index, a technology-heavy benchmark featuring 100 of the largest non-financial companies listed on the Nasdaq Stock Market. By shorting this index, the fund allows investors to potentially benefit from declines in the value of leading tech giants and other high-growth stocks. The ETF is particularly significant for traders employing short-term strategies or hedging existing positions against possible market downturns. It serves as a specialized tool within the broader ecosystem of leveraged and inverse ETFs, offering amplified exposure to market volatility. Due to its leverage, the fund is generally used for tactical maneuvers rather than long-term investment strategies, underscoring its role in providing dynamic market navigation options.