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3XFE

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1d
1w
1m

Analysis and statistics

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About

3XFE.LSE represents the WisdomTree FTSE 100 3x Daily Leveraged, an exchange-traded fund (ETF) listed on the London Stock Exchange (LSE). This financial product aims to provide investors with three times the daily performance of the FTSE 100 index. Due to its leveraged nature, it's designed for sophisticated investors seeking short-term tactical exposure, and it carries significant risk, as losses can be amplified. It's important to understand that the 3x leverage resets daily, potentially leading to different results than holding a 3x leveraged position for longer periods.
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Factors

Brent Crude Oil Price: 3XFE.LSE is leveraged, so Brent Crude price changes are magnified threefold. A rising oil price boosts the ETF, a falling price hurts it.

Leverage Decay: Due to daily rebalancing, the ETF's value erodes over time, especially in volatile markets, regardless of overall oil price trend.

Interest Rates: Financing costs for the leverage affect the ETF's price, though the impact is smaller than oil price and leverage decay.

Supply and Demand: Trading activity in 3XFE.LSE itself influences its price, with high demand pushing it up and high selling pressure pushing it down.

Management Fees: The ETF's expense ratio, though relatively small, gradually reduces its value over time.

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