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
WisdomTree Aluminium 2x Daily Leveraged (00ET) Fund Flow Chart
WisdomTree Aluminium 2x Daily Leveraged (00ET) 1 year Net Flows: -2M
00ET ETF FAQ
What was DE:00ET’s price range in the past 12 months?
DE:00ET lowest ETF price was 1.49 and its highest was 2.49 in the past 12 months.
What is the AUM of DE:00ET?
As of Jan 29, 2025 The AUM of DE:00ET is 2.84M.
Is DE:00ET overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does DE:00ET pay dividends?
DE:00ET does not currently pay dividends.
How many shares outstanding does DE:00ET have?
Currently, no data Available
Which hedge fund is a major shareholder of DE:00ET?
Currently, no hedge funds are holding shares in DE:00ET