Key stats
About WisdomTree Brent Crude Oil 3x Daily Short
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Inception date
Oct 16, 2015
Structure
Special Purpose Vehicle
Replication method
Synthetic
Primary advisor
WisdomTree Multi Asset Management Ltd.
Identifiers
2
ISINIE00BLRPRK35
WisdomTree Brent Crude Oil 3x Daily Short is a fully collateralised Exchange-Traded Commodity (ETC) designed to provide investors with a leveraged short exposure to Brent Crude Oil . The ETC provides a total return comprised of -3 times the daily performance of the Solactive Brent Crude Oil Commodity Futures SL Index (SOLWSCO2).
Related funds
Classification
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.
3BFS assets under management is 9.72 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.
3BFS expense ratio is 0.99%. 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.
3BFS is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, 3BFS doesn't pay dividends to its holders.
3BFS shares are issued by WisdomTree, Inc.
3BFS follows the NASDAQ Commodity Brent Crude Oil Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 16, 2015.
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.