The SG ETN Daily Long 3X S&P 500 (Ticker: IT:SPX3L) is a dynamic investment vehicle designed for those seeking amplified exposure to the performance of the S&P 500 index. As an Exchange-Traded Note (ETN), this product offers a sophisticated, leveraged approach to investing, providing three times the daily return of the S&P 500, before fees and expenses. This makes it an attractive option for seasoned investors who are bullish on the U.S. large-cap market and are looking to capitalize on short-term movements within this segment.
Falling under the 'Size and Style' category and focusing specifically on 'Large Cap' investments, the SG ETN Daily Long 3X S&P 500 stands out in the 'Broad-based' niche, offering a unique blend of risk and reward potential. This ETN caters to active traders and those with a high-risk tolerance, seeking to leverage their positions in one of the most tracked equity indices globally. While the potential for significant gains exists, it is equally important for investors to be aware of the risks associated with leveraged products, as they can also amplify losses.
Ideal for those with a deep understanding of market volatility and an appetite for strategic risk, IT:SPX3L is a tool for executing bold market plays, providing the opportunity to maximize returns in a thriving large-cap environment.
Asset Class
Equity
Region
North America
Issuer
Societe Generale
Index Tracked
S&P 500
Ticker Symbol
IT:SPX3L
SG ETN Daily Long 3X S&P 500 (SPX3L) Fund Flow Chart
SG ETN Daily Long 3X S&P 500 (SPX3L) 1 year Net Flows: 0
SPX3L ETF FAQ
What was IT:SPX3L’s price range in the past 12 months?
IT:SPX3L lowest ETF price was 20.95 and its highest was 39.00 in the past 12 months.
What is the AUM of IT:SPX3L?
As of Jan 28, 2025 The AUM of IT:SPX3L is 17.78M.
Is IT:SPX3L overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does IT:SPX3L pay dividends?
IT:SPX3L does not currently pay dividends.
How many shares outstanding does IT:SPX3L have?
Currently, no data Available
Which hedge fund is a major shareholder of IT:SPX3L?
Currently, no hedge funds are holding shares in IT:SPX3L