
WisdomTree DAX 3x Daily Short
ETF
ETF
ISIN: IE00B8GKPP93
Ticker: 3DES
IE00B8GKPP93
3DES
Price
Price
CHART BY
Data
TER
- 0.8%
Fund Volume
- $22.67M
Asset Class
- Equity
Distributing
- No
Replication Method
- Synthetic Replication
Region
- Germany
Country Based
- Ireland
Issuer
- WisdomTree
Frequently asked questions
What is the Total Expense Ratio (TER) of WisdomTree DAX 3x Daily Short?
The total expense ratio (TER) of WisdomTree DAX 3x Daily Short is 0.8%. The TER represents the annual fees charged by the ETF provider, covering management costs and operational expenses. A lower TER can enhance your investment returns over time.
What is the fund volume of WisdomTree DAX 3x Daily Short?
WisdomTree DAX 3x Daily Short has a fund volume of $22.67M. Fund volume indicates the total assets under management (AUM) and reflects the ETF's size and liquidity. Larger fund volumes generally offer better liquidity and tighter bid-ask spreads.
Is WisdomTree DAX 3x Daily Short paying dividends?
WisdomTree DAX 3x Daily Short is a Accumulating ETF. It reinvests dividends back into the fund, increasing the value of each share over time.
What is the replication method used by WisdomTree DAX 3x Daily Short?
WisdomTree DAX 3x Daily Short utilizes a synthetic replication method to track its benchmark index. Instead of physically holding the underlying securities, the ETF uses financial derivatives—such as swap agreements with counterparties—to replicate the performance of the index.
In which country is WisdomTree DAX 3x Daily Short domiciled?
WisdomTree DAX 3x Daily Short is domiciled in Ireland. The domicile country can affect tax implications and regulatory oversight, which may influence your investment decisions.
Pricing
- 1D span
- $0.221$0.238
- 52W span
- $0.176$0.41
Information
The objective of this product is to track the ShortDAX x3 TR index, the Index, providing three times the inverse daily performance of the DAX index (the Benchmark), adjusted to reflect fees as well as the costs and revenues inherent to shorting stocks.
Identifier
- ISIN
- IE00B8GKPP93
- Primary Ticker
- 3DES
Knockouts
Real-time data from LSX · Fundamentals & EOD data from FactSet