WisdomTree Brent Crude Oil 3x Daily Short (Ticker: DE:3BFS) is a specialized exchange-traded fund (ETF) designed for investors seeking to capitalize on short-term movements in the energy markets, with a specific focus on crude oil. This ETF provides triple inverse exposure to the performance of Brent Crude Oil, meaning it aims to deliver three times the opposite daily return of the front-month Brent Crude Oil futures contract. As part of the energy sector, DE:3BFS is particularly attractive for those looking to hedge against or profit from potential declines in crude oil prices. Its niche focus on the front month of Brent Crude Oil positions the fund as an agile tool for tactical traders and sophisticated investors aiming to exploit short-term market inefficiencies or manage risk in volatile markets. By employing a daily compounding strategy, the ETF is structured to magnify price movements, making it a potent instrument for those with a high risk tolerance and a deep understanding of the intricacies of the oil market.
WisdomTree Brent Crude Oil 3x Daily Short (3BFS) Fund Flow Chart
WisdomTree Brent Crude Oil 3x Daily Short (3BFS) 1 year Net Flows: 1M
3BFS ETF FAQ
What was DE:3BFS’s price range in the past 12 months?
DE:3BFS lowest ETF price was 0.56 and its highest was 1.02 in the past 12 months.
What is the AUM of DE:3BFS?
As of Feb 20, 2025 The AUM of DE:3BFS is 14.18M.
Is DE:3BFS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does DE:3BFS pay dividends?
DE:3BFS does not currently pay dividends.
How many shares outstanding does DE:3BFS have?
Currently, no data Available
Which hedge fund is a major shareholder of DE:3BFS?
Currently, no hedge funds are holding shares in DE:3BFS