WisdomTree Aluminium 2x Daily Leveraged
WisdomTree Aluminium 2x Daily Leveraged (DE:00ET) Price & Chart
DE:00ET ETF Chart & Stats
- Day’s Range
- EUR 2.50 - EUR 2.50
- 52-Week Range
- EUR 2.05 - EUR 3.77
- Previous Close
- EUR 2.55
- Volume
- 0
- Average Volume (3M)
- 0
- AUM
- 4.35M
- NAV
- 2.85
- Expense Ratio
- 0.98%
- Holdings Count
- 0
- Beta
- 0.64
- Inception Date
- Mar 11, 2008
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 3,312,873
- Standard Deviation
- N/A
ETF Overview
WisdomTree Aluminium 2x Daily Leveraged
The WisdomTree Aluminium 2x Daily Leveraged ETF, trading under the ticker DE:00ET, offers investors a dynamic opportunity to capitalize on the movements within the industrial metals sector, with a specific focus on aluminum. This fund is designed for those with a keen interest in the extended term niche of industrial metals, aiming to provide twice the daily performance of aluminum prices, thereby amplifying potential returns for savvy investors. As a leveraged exchange-traded fund, DE:00ET is crafted to cater to investors with a higher risk tolerance who are looking to gain amplified exposure to the aluminum market. Leveraging the inherent volatility in aluminum prices, this ETF provides a potent vehicle for traders seeking to capitalize on short-term price movements, making it an ideal choice for those with a bullish outlook on the metal's future. The fund's strategic focus on aluminum is particularly timely, given the metal's critical role in various industries, including aerospace, automotive, and construction, as well as its increasing importance in the green energy sector. This positions the ETF as not only a financial instrument but also a reflection of broader economic trends towards sustainable development and industrial innovation. Investors in the WisdomTree Aluminium 2x Daily Leveraged ETF stand to benefit from its targeted exposure, which is finely tuned to the nuanced dynamics of the aluminum market. Whether driven by macroeconomic factors or specific industry developments, this ETF offers a sophisticated tool for those looking to enhance their portfolio with a leveraged play on one of the world's most essential industrial metals.
- Asset Class
- Commodities
- Region
- Global
- Issuer
- WisdomTree
- Index Tracked
- Bloomberg Aluminum Subindex (TR)
- Ticker Symbol
- DE:00ET

