Key stats
About Leverage Shares 3x Long Ferrari ETP
Home page
Inception date
May 17, 2023
Structure
Special Purpose Vehicle
Replication method
Physical
Dividend treatment
Capitalizes
Primary advisor
Leverage Shares Management Co. Ltd.
ISIN
XS2595673190
The objective of the ETP Securities is to provide 3 times the value of the daily performance of the Ferrari NV equity security, net of fees and expenses. The ETP securities seek to track the iSTOXX Leveraged 3x RACE Index (the Index) which provides exposure to 3 times the daily performance of the Ferrari NV equity security (the Reference Asset)
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
3RAC assets under management is 1.59 M EUR. It's fallen 10.37% over the last month.
3RAC fund flows account for 879.35 K EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, 3RAC doesn't pay dividends to its holders.
3RAC shares are issued by Leverage Shares LLC under the brand Leverage Shares. The ETF was launched on May 17, 2023, and its management style is Passive.
3RAC expense ratio is 3.78% meaning you'd have to pay 3.78% of your investment to help manage the fund.
3RAC follows the iSTOXX Leveraged 3x RACE Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
3RAC price has fallen by −4.78% over the last month, and its yearly performance shows a −1.31% decrease. See more dynamics on 3RAC price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.49% over the last month, showed a 16.95% increase in three-month performance and has decreased by −14.73% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.49% over the last month, showed a 16.95% increase in three-month performance and has decreased by −14.73% in a year.
3RAC trades at a premium (2.72%) meaning the ETF is trading at a higher price than the calculated NAV.