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3SSI

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Analysis and statistics

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About

The ETF with the symbol 3SSI.LSE is the WisdomTree 3x Daily Short Silver. This ETF is designed to provide three times the inverse of the daily performance of silver, meaning it aims to deliver a return that is three times the opposite of silver's daily price movement. It is listed on the London Stock Exchange (LSE).
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Factors

Underlying Asset Performance: The ETF price directly reflects the performance of the 300 largest Swiss companies it tracks.

Supply and Demand: High demand for the ETF pushes the price up, while increased selling pressure lowers it.

Market Sentiment: Broad economic outlook and investor confidence in Swiss equities impact the ETF's valuation.

Currency Fluctuations: Changes in the CHF/GBP exchange rate affect the ETF's price for UK investors.

Expense Ratio: The ETF's operating costs, though small, can slightly impact its returns and overall price.

Rebalancing Costs: Transaction costs incurred during index rebalancing can influence the ETF's value.

Tracking Error: Differences between the ETF's performance and the index's performance can lead to price discrepancies.

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