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3SWP

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1d
1w
1m

Analysis and statistics

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About

3SWP.LSE refers to the WisdomTree S&P 500 3x Daily Leveraged, an exchange-traded fund (ETF) listed on the London Stock Exchange. This ETF aims to provide investors with three times the daily performance of the S&P 500 index. It's a leveraged product, meaning it uses financial derivatives and debt to amplify returns, but it also magnifies potential losses. As a daily leveraged product, it's generally not suitable for long-term holding due to the effects of compounding and volatility.
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Factors

Index Performance: 3SWP.LSE tracks the Solactive Developed World ex-United Kingdom GBP Index. Its price closely reflects the index's movements.

Supply and Demand: Like any stock, increased buying pressure drives prices up, while selling pressure lowers them.

Currency Fluctuations: As the ETF invests globally but is priced in GBP, changes in GBP exchange rates against other currencies affect returns.

Management Fees and Expenses: The ETF's ongoing charges slightly reduce returns relative to the underlying index.

Investor Sentiment: Overall market optimism or pessimism towards global equities impacts the ETF's trading price.

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