Bringing you live news and features since 2006 

WisdomTree adds three ETPs to Short and Leveraged ETP range


ETF issuer has launched three short and leveraged (S&L) ETPs, covering French equities and European banks. 

The WisdomTree CAC 40 3x Daily Leveraged (3CAC) and WisdomTree CAC 40 3x Daily Short (3CAS) have listed on Börse Xetra and Euronext Paris with management expense ratios (MER) of 0.75 per cent and 0.80 per cent, respectively. WisdomTree is the only ETP provider in Europe to provide 3x daily short and leveraged CAC 40 exposures.

The WisdomTree EURO STOXX Banks 3x Daily Short (3BAS) has listed on London Stock Exchange, Börse Xetra and Borsa Italiana with an MER of 0.89 per cent.  The firm writes that the ETP complements the existing WisdomTree EURO STOXX Banks 3x Daily Leveraged ETP.

Pierre Debru, Head of Quantitative Research & Multi Asset Solutions, Europe, WisdomTree, says: “In the current economic landscape, investors need an extensive range of tools to navigate financial markets, whether that is to magnify daily returns, hedge positions or to deploy more sophisticated strategies. Tactical exposures through short and leveraged ETPs can play a complementary role to long-term strategic holdings, allowing investors to express high conviction views and take advantage of market dislocations quickly and efficiently.”

Alexis Marinof, Head of Europe, WisdomTree, adds: “We continuously look for ways to add value to investors’ portfolios and deliver thoughtful exposures to help investors achieve their financial goals. For over 15 years, we have been launching innovative ETPs and the launch of the 3x short and leveraged CAC 40 ETPs is the latest example in our rich history.”

On 31 July 2023, WisdomTree cross-listed the WisdomTree WTI Crude Oil 3x Daily Short, WisdomTree WTI Crude Oil 3x Daily Leveraged, WisdomTree Brent Crude Oil 2x Daily Leveraged and WisdomTree Industrial Metals – EUR Daily Hedged ETPs on Börse Xetra.

WisdomTree writes that its short and leveraged ETP range is the most comprehensive in Europe and has USD1.8 billion in assets under management and consists of 112 S&L ETPs, covering major asset classes, such as equities, commodities, fixed income, alternatives, and currencies.

The ETPs are registered for sale in Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Spain, Sweden and the UK.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by