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3XFE

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

Analysis and statistics

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  • Dividend Per Share
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About

3XFE.XETRA represents the Leverage Shares 3x Long EURO STOXX 50 ETP Securities. This Exchange Traded Product (ETP) aims to provide three times the daily performance of the EURO STOXX 50 index, before fees and expenses. It's listed on the XETRA exchange and utilizes leverage, making it a high-risk, high-reward investment primarily suited for short-term trading strategies.
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Factors

Volatility of Underlying Index: Higher volatility in the EURO STOXX 50 leads to amplified price swings in 3XFE due to its leverage.

Leverage Costs: Borrowing costs to maintain 3x leverage directly impact the ETF's value, especially with prolonged periods of high interest rates.

Index Performance: The EURO STOXX 50's daily performance is magnified three times in 3XFE, driving significant price changes.

Compounding Effects: Daily rebalancing for 3x leverage causes compounding; volatility drag erodes returns in choppy markets.

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