Key stats
About Leverage Shares 3x Microsoft ETP
Home page
Inception date
Jun 4, 2020
Structure
Special Purpose Vehicle
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
IE00BK5BZV36
The Leverage Shares 3x Microsoft ETP seeks to track the iSTOXX Leveraged 3X MSFT Index, which is designed to provide 3x the daily leveraged returns of Microsoft Corporation stock. It invests directly in the underlying Microsoft Corporation stock and uses margin (borrowing) to purchase additional shares of Microsoft Corporation stock.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
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.
3MSE assets under management is 8.43 M 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.
3MSE invests in stocks. See more details in our Analysis section.
3MSE 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.
Yes, 3MSE is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, 3MSE doesn't pay dividends to its holders.
3MSE shares are issued by Leverage Shares LLC
3MSE follows the iSTOXX Leveraged 3X MSFT (USD)(NR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 4, 2020.
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.