The WisdomTree Short EUR Long USD 3x Daily ETF, listed under the ticker DE:0LIA, is a sophisticated financial instrument designed for investors seeking to capitalize on the relative movements between the euro and the US dollar. As part of the Pair focused category, this ETF provides a strategic exposure that is specifically tailored to those who anticipate a strengthening of the US dollar against the euro.
Operating within the Derivative niche, the fund employs a leveraged strategy, offering a 3x daily exposure which means that for every 1% movement in the underlying currency pair (EUR/USD), the ETF aims to deliver a 3% change in the opposite direction. This magnified exposure is ideal for traders with a high risk tolerance who are looking to profit from short-term fluctuations in the currency markets.
The fund's innovative approach allows investors to efficiently implement a short euro and long US dollar position without the complexities of trading in the foreign exchange market directly. This ETF is not only a powerful tool for hedging against euro devaluation but also serves as a tactical asset for those looking to enhance their portfolio's exposure to macroeconomic trends affecting these two major global currencies. With its clear focus and dynamic strategy, the WisdomTree Short EUR Long USD 3x Daily ETF stands out as a compelling choice for currency-focused investors.
WisdomTree Short EUR Long USD 3x Daily (0LIA) Fund Flow Chart
WisdomTree Short EUR Long USD 3x Daily (0LIA) 1 year Net Flows: -2M
0LIA ETF FAQ
What was DE:0LIA’s price range in the past 12 months?
DE:0LIA lowest ETF price was 71.44 and its highest was 106.18 in the past 12 months.
What is the AUM of DE:0LIA?
As of Feb 20, 2025 The AUM of DE:0LIA is 1.42M.
Is DE:0LIA overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does DE:0LIA pay dividends?
DE:0LIA does not currently pay dividends.
How many shares outstanding does DE:0LIA have?
Currently, no data Available
Which hedge fund is a major shareholder of DE:0LIA?
Currently, no hedge funds are holding shares in DE:0LIA