SG ETC Daily Long 3X WTI Oil Future

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.

WTI3L trades at 8.294 EUR today, its price has risen 16.34% in the past 24 hours. Track more dynamics on WTI3L price chart.

WTI3L net asset value is 7.57 today — it's risen 51.67% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.

WTI3L assets under management is ‪3.97 M‬ 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.

WTI3L price has risen by 67.00% over the last month, and its yearly performance shows a −24.74% decrease. See more dynamics on WTI3L price chart.
NAV returns, another gauge of an ETF dynamics, showed a 10.36% increase in three-month performance and has decreased by −29.01% in a year.

WTI3L fund flows account for 0.00 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.

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.

Yes, WTI3L is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.

In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, WTI3L technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating WTI3L shows the neutral signal. See more of WTI3L technicals for a more comprehensive analysis.

No, WTI3L doesn't pay dividends to its holders.

WTI3L trades at a premium (5.81%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.

WTI3L shares are issued by Société Générale SA

WTI3L follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.

The fund started trading on Feb 23, 2022.