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3SLL

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1d
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1m

Analysis and statistics

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About

The ETF with the financial product symbol 3SLL.LSE refers to the Leverage Shares 3x Short Silver ETP. It is an exchange-traded product listed on the London Stock Exchange that provides three times the inverse (short) daily performance of silver. Therefore, if silver prices increase, the value of this ETP is expected to decrease by three times that percentage, and vice versa.
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Factors

Underlying Assets: 3SLL.LSE tracks an index of UK Gilts. Gilts' price fluctuations directly impact the ETF.

Interest Rates: Rising interest rates generally decrease gilt prices, lowering the ETF's value.

Inflation: Higher inflation can erode the value of Gilts, decreasing the ETF price.

Market Sentiment: General risk appetite and investor confidence in UK debt influence demand, impacting the ETF.

Supply and Demand: Increased buying pressure drives the price up; selling pressure pushes it down.

Fund Management Fees: Fees charged by the ETF provider can slightly reduce the overall return.

Currency Exchange Rates: For investors outside the UK, GBP exchange rates affect the return on this ETF.

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