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3SNE

$--
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1d
1w
1m

Analysis and statistics

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About

3SNE.LSE is the ticker symbol for the WisdomTree Nasdaq 100 3x Daily Short. It is an exchange-traded fund (ETF) that aims to deliver three times the inverse (-3x) of the daily performance of the Nasdaq 100 index. Essentially, it is designed to provide leveraged short exposure to the Nasdaq 100 for investors who believe the index will decline in value. This ETF is listed on the London Stock Exchange (LSE).
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Factors

Underlying Asset Performance: The price of 3SNE.LSE closely reflects the performance of the underlying securities it tracks.

Supply and Demand: Increased demand for 3SNE.LSE can drive up its price, while higher supply might decrease it.

Market Sentiment: Overall market optimism or pessimism can influence investor demand for ETFs like 3SNE.LSE.

Currency Fluctuations: As it is traded in London (LSE), changes in GBP/EUR exchange rates can affect its price.

Expense Ratio: The ETF's annual expense ratio can slightly reduce its overall return and influence investor perception.

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