Key stats
About WisdomTree DAX 3x Daily Leveraged ETF
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Inception date
Dec 13, 2012
Structure
Special Purpose Vehicle
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
WisdomTree Management Ltd.
ISIN
IE00B878KX55
The objective of this product is to track the LevDAX x3 TR index, the Index, providing three times the daily performance of the DAX index (the Benchmark), adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks.
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.
3DEL assets under management is 29.51 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.
3DEL expense ratio is 0.75%. 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, 3DEL is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, 3DEL doesn't pay dividends to its holders.
3DEL shares are issued by WisdomTree, Inc.
3DEL follows the Germany LevDax X3 AR (EUR)(TR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 13, 2012.
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.