Leverage Shares -3x Short Alibaba ETPLL

Leverage Shares -3x Short Alibaba ETP

23.666EURD
+0.354+1.52%
Last update at Jul 31, 20:58 GMT
EUR
No trades
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Key stats


Assets under management (AUM)
‪341.93 K‬EUR
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
Shares outstanding
‪12.46 K‬
Expense ratio
4.78%

About Leverage Shares -3x Short Alibaba ETP


Issuer
Leverage Shares LLC
Brand
Leverage Shares
Inception date
Jun 9, 2022
Structure
Special Purpose Vehicle
Index tracked
iSTOXX Inverse Leveraged -3X BABA (USD)(NR)
Replication method
Physical
Management style
Passive
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
XS3037640110
The Leverage Shares -3x Short Alibaba (BABA) ETP Securities seeks to track the iSTOXX 3x Inverse Leveraged BABA Index, which is designed to provide -3x the daily return of Alibaba Group Holding Ltd.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Broadline retail
Strategy
Vanilla
Geography
China
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash400.01%
Miscellaneous−300.01%
Top 10 holdings
Symbol
Assets
U
U.S. Dollar
400.01%
S
SHORT POSITIONS
−300.01%
Top 10 weight100.00%
2 total holdings

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Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
SBA3 assets under management is ‪341.93 K‬ EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
SBA3 invests in cash. See more details in our Analysis section.
SBA3 expense ratio is 4.78%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
SBA3 is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
No, SBA3 doesn't pay dividends to its holders.
SBA3 shares are issued by Leverage Shares LLC
SBA3 follows the iSTOXX Inverse Leveraged -3X BABA (USD)(NR). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 9, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.