WisdomTree STOXX Europe Travel & Leisure 2x Daily Short (2STR.MI)

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This WisdomTree Exchange Traded Product (ETP) offers investors a 2x leveraged short exposure to the STOXX Europe 600 Travel & Leisure (Gross Return) EUR Index (SXTGR). It is a fully collateralised and UCITS-compliant instrument. The ETP is designed to deliver a daily return that is twice the inverse of the underlying index's performance, factoring in management fees and costs/revenues associated with short positions. For illustration, a 1% increase in the STOXX Europe 600 Travel & Leisure (Gross Return) EUR Index over a day would typically result in a 2% decline in the ETP's value, before fees. Conversely, a 1% decrease in the index during the same period would lead to an approximate 2% gain for the ETP, prior to fee deductions.