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What is the leverage shares 3x Apple ETP?

PREV. CLOSE The Leverage Shares 3x Apple ETP seeks to track the iSTOXX Leveraged 3X AAPL Index, which is designed to provide 3x the daily return of Apple Inc. stock. It invests directly in the underlying Apple Inc. stock and uses margin (borrowing) to purchase additional shares of Apple Inc. stock.

What is leverage shares +3X long Apple (AAPL)?

NAV (as of 06 May 2024) Daily Change (Of NAV) The Leverage Shares +3x Long Apple (AAPL) seeks to track the iSTOXX Leveraged 3X AAPL Index, which is designed to provide +3x the daily return, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock.

What is the backtest data of +3X long Apple?

Backtest data of +3x Long Apple reflects hypothetical performance based on the movement of AAPL (source: Yahoo Finance) starting on 8 Dec 2017 and ending on 29 May 2020. These data demonstrate simulated past performance and are marked with LIGHT BLUE while actual performance data are in DARKER BLUE.

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