WisdomTree STOXX Europe Travel & Leisure 2x Daily Leveraged (2FLY)

WisdomTree STOXX Europe Travel & Leisure 2x Daily Leveraged is a fully collateralised, UCITS-eligible Exchange Traded Product designed to provide leveraged exposure to European travel and leisure companies. The product tracks the STOXX Europe 600 Travel & Leisure index on a daily basis with 2x leverage, meaning it aims to deliver twice the daily performance of the underlying index. If the index rises by 1% in a day, the product targets a 2% gain; conversely, if the index falls by 1%, the product aims to decline by 2%. The ETP employs synthetic replication through a funded swap arrangement and accumulates dividends back into the fund. With a total expense ratio of 0.80% annually, it offers investors a straightforward way to magnify returns in the European travel and leisure sector. The product is fully collateralised to manage counterparty risk and is intended for sophisticated investors seeking short-term exposure to this market segment. It trades on multiple exchanges and provides transparent performance tracking relative to its underlying index.