Overview
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Description
WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short is an exchange-traded fund (ETF) designed to provide triple the inverse daily performance of the STOXX Europe Total Market Aerospace & Defense Gross Return Index in EUR. This leveraged short product aims to deliver three times the opposite daily return of the underlying index, which tracks European companies in the aerospace and defense sectors across total market capitalization without size restrictions. Utilizing a synthetic replication method through a fully funded swap, the ETF employs a debt instrument structure managed by WisdomTree from Ireland. It focuses geographically on Europe, denominates in EUR, and follows a policy of no income distribution. With a total expense ratio of 0.85%, it targets individual investors seeking short exposure to this specialized sector. Launched in 2025, WisdomTree STOXX Europe Aerospace & Defence 3x Daily Short serves as a tactical tool for market participants looking to capitalize on potential declines in European aerospace and defense equities on a daily basis, highlighting the role of leveraged ETFs in providing amplified inverse strategies within niche industry segments.
About
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Instrument type
ETF
Country
Germany
MIC code
XDUS