About 3BAL
WisdomTree EURO STOXX Banks 3x Daily Leveraged is an Exchange Traded Note (ETN) designed to provide three times the daily performance of the EURO STOXX Banks index, which tracks major banking companies from Eurozone countries including Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. Issued by WisdomTree Multi Asset Issuer PLC and domiciled in Ireland, this fully collateralized product uses swaps for synthetic replication with daily rebalancing to achieve its 3x leverage factor. It features a management fee of 0.89% and is UCITS eligible, accumulating dividends by reinvesting them rather than distributing payouts. Traded in EUR without currency hedging, the ETN emphasizes transparency, liquidity through multiple market makers, and risk controls like over-collateralization by custodians such as Bank of New York Mellon. In the financial markets, it serves sophisticated investors seeking amplified short-term exposure to European banking sector movements, highlighting the index's volatility while limiting losses to the invested capital.
Asset Class Equity
Category Financials
Stock Exchange London Stock Exchange
Ticker Symbol 3BAL
Provider WisdomTree
Index Tracked EURO STOXX Banks Daily Leverage 3 Index - EUR
3BAL had a total return of 116.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been -30.83%.
London · Delayed Price · Currency is GBP · Price in GBX