Overview
Description
WisdomTree WTI Crude Oil 3x Daily Short is a fully collateralised Exchange Traded Commodity (ETC) that provides investors with leveraged short exposure to WTI Crude Oil. It seeks to deliver three times the inverse daily performance of the Solactive WTI Crude Oil Commodity Futures SL Index, which tracks the price of futures contracts on West Texas Intermediate crude oil through a synthetic replication method using swaps. This structure enables magnified returns from declining oil prices on a daily basis, making it a specialized tool for short-term trading strategies in the energy commodities sector. The ETC is accumulating, with its base currency in USD and unhedged against currency fluctuations. Fully collateralised with assets held by a custodian, it offers transparency in performance tracking while eliminating the need for investors to handle physical oil storage, insurance, or delivery. Domiciled in Ireland and issued by WisdomTree Multi Asset Issuer PLC, this product targets sophisticated market participants focused on the volatile crude oil futures market, serving as a key instrument for hedging or speculating on bearish oil price movements.
About
Address
Honthorststraat 19
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
11 Bermudiana Road
Amsterdam, 1071 DC, MI
Netherlands
Phone
+44 20 7355 9810
Website
Instrument type
ETF
Country
Italy
MIC code
XMIL