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3SDE

$--
--%
1d
1w
1m

Analysis and statistics

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About

3SDE.LSE is the ticker symbol for the WisdomTree 3x Daily Short Silver ETP listed on the London Stock Exchange (LSE). It's an exchange-traded product (ETP), specifically designed to provide three times the inverse (short) daily performance of silver. This means that if silver prices decrease on a given day, the ETP aims to increase by three times that percentage, and vice versa. It is important to note that due to the leveraged and daily rebalancing nature of the product, it is designed for very short-term trading and is not suitable for long-term investment strategies. The performance over periods longer than one day can significantly deviate from three times the inverse performance of silver due to the effects of compounding.
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Factors

Net Asset Value (NAV): 3SDE's price closely tracks its NAV, reflecting the underlying securities' value.

Supply and Demand: Increased demand pushes the price up, while higher supply lowers it.

Market Sentiment: General investor optimism or pessimism impacts demand, influencing price.

Index Performance: As 3SDE tracks an index, its price mirrors the index's movements.

Expense Ratio: Higher expense ratios can slightly reduce returns and potentially the ETF's price over time.

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