WisdomTree Petroleum 2x Daily Leveraged (Ticker: GB:LPET) is an Exchange-Traded Fund (ETF) designed for investors seeking amplified exposure to the petroleum market. Operating within the dynamic Energy sector, this ETF specifically focuses on the petroleum segment, providing investors with a powerful tool to capitalize on short-term movements in oil prices. The fund employs a leveraged strategy, aiming to deliver twice the daily performance of its underlying benchmark, making it an attractive option for those with a higher risk tolerance and a keen interest in actively managing their exposure to the energy market.
This ETF is particularly suited for investors looking to exploit the opportunities presented in the Front Month niche of the petroleum market. By targeting the front-month futures contracts, WisdomTree Petroleum 2x Daily Leveraged offers a strategy that is closely tied to the most liquid and immediate contracts available, providing an efficient and responsive investment vehicle for those seeking to navigate the volatility of the oil market. With its focused approach and enhanced potential for returns, GB:LPET is an ideal choice for sophisticated investors aiming to actively engage with the energy sector's fast-paced environment.
Asset Class
Commodities
Region
Global
Issuer
WisdomTree
Index Tracked
Bloomberg Petroleum Subindex
Ticker Symbol
GB:LPET
WisdomTree Petroleum 2x Daily Leveraged (LPET) Fund Flow Chart
WisdomTree Petroleum 2x Daily Leveraged (LPET) 1 year Net Flows: -442K
LPET ETF FAQ
What was GB:LPET’s price range in the past 12 months?
GB:LPET lowest ETF price was 32.60 and its highest was 54.38 in the past 12 months.
What is the AUM of GB:LPET?
As of Jan 28, 2025 The AUM of GB:LPET is 1.79M.
Is GB:LPET overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:LPET pay dividends?
GB:LPET does not currently pay dividends.
How many shares outstanding does GB:LPET have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:LPET?
Currently, no hedge funds are holding shares in GB:LPET