Overview
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Description
WisdomTree Gold 3x Daily Short is a leveraged exchange-traded fund designed to provide inverse exposure to gold price movements. The fund aims to deliver three times the inverse daily performance of the gold market, making it suitable for investors seeking short-term hedging strategies or those anticipating gold price declines. This ETF uses sophisticated financial derivatives and leverage to amplify inverse returns on a daily basis, which means its performance resets each trading day. WisdomTree Gold 3x Daily Short is issued by WisdomTree Multi Asset Issuer PLC and trades on the Italian market. The fund is specifically engineered for tactical trading and risk management purposes rather than long-term buy-and-hold investing, as daily rebalancing can lead to tracking differences over extended periods. Investors in this instrument typically use it to offset gold price exposure within broader portfolios or to profit from short-term bearish gold market outlooks.
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
United Kingdom
MIC code
XLON