WisdomTree STOXX Europe Travel & Leisure 2x Daily Short (2STR ETP) It is a fully guaranteed and UCITS approved ETP designed to provide investors with leverage offered STOXX Europe Travel & Leisure 2x Daily Short. The ETP provides a total return consisting of the effects of leverage that amplifies the daily development of the TBD index (SXTGR), adjusted to reflect fees as well as costs and revenues associated with short selling stocks. For example, if TBD rises 1% in one day, ETP will fall 2%, excluding fees. However, if the TBD falls 1% in one day, the ETP will rise by 2%, excluding fees.
For example, if STOXX Europe 600 Travel & Leisure (total return) EUR rises 1% in one day, ETP will fall 2%, excluding fees. But if STOXX Europe 600 Travel & Leisure (Total Return) EUR drops 1% in one day, ETP will rise 2%, excluding fees.
Holding this product for more than one day is likely to result in a return that is more than twice that of the standard benchmark during that holding period. This difference is called “double effect”, Because the product’s daily leverage is rebalanced and amplified by more leverage and longer holding periods. Overlap can have a positive or negative effect on product returns, but tends to have a negative effect the higher the volatility index.
You can trade this product on different exchanges at your discretion. You may lose the full value of your initial investment, but you won’t
Trading 2STR ETP
WisdomTree STOXX Europe Travel & Leisure 2x Daily Short (2STR ETP) It is a product that is traded on the European Stock Exchange and is traded on the London Stock Exchange.
The London Stock Exchange is a market that a few Swedish banks and online brokers provide access to Dejero Do it.