Key stats
About Leverage Shares 3x Long Mercedes Benz ETP
Home page
Inception date
Jun 9, 2022
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
XS2472333348
The Leverage Shares 3x Long Mercedes Benz (MBG) ETP Securities seeks to track the iSTOXX 3x Leveraged MBG Index, which is designed to provide 3x the daily return of MERCEDES-BENZ GROUP AG stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock
Related funds
Classification
What's in the fund
Exposure type
Consumer Durables
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MBZ3 assets under management is 150.86 K EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MBZ3 invests in stocks. See more details in our Analysis section.
MBZ3 expense ratio is 3.78%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
MBZ3 is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, MBZ3 doesn't pay dividends to its holders.
MBZ3 shares are issued by Leverage Shares LLC
MBZ3 follows the iSTOXX Leveraged 3X MBG (EUR)(NR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 9, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.