WisdomTree WTI Crude Oil 3x Daily Short (Ticker: GB:3OIS) is a specialized exchange-traded fund (ETF) designed for sophisticated investors seeking to capitalize on short-term movements in the crude oil market. This fund is part of the Energy sector with a distinct focus on Crude Oil, specifically honing in on the Front Month niche. The ETF provides leveraged inverse exposure, aiming to deliver three times the inverse of the daily performance of the WTI Crude Oil futures contract for the front month. This strategic positioning allows investors to potentially profit from declines in oil prices, making it an intriguing option for those with bearish views on the oil market or those looking to hedge other energy-related investments. With its leveraged approach, GB:3OIS is not intended for long-term investment but rather for tactical trading and short-term market maneuvers, offering a powerful tool for managing risk and seizing opportunities in volatile market conditions.
Asset Class
Commodities
Region
Global
Issuer
WisdomTree
Index Tracked
NASDAQ Commodity 2nd Front Crude Oil ER Index
Ticker Symbol
GB:3OIS
WisdomTree WTI Crude Oil 3x Daily Short (3OIS) Fund Flow Chart
WisdomTree WTI Crude Oil 3x Daily Short (3OIS) 1 year Net Flows: 17M
3OIS ETF FAQ
What was GB:3OIS’s price range in the past 12 months?
GB:3OIS lowest ETF price was 33.21 and its highest was 80.57 in the past 12 months.
What is the AUM of GB:3OIS?
As of Jan 28, 2025 The AUM of GB:3OIS is 47.17M.
Is GB:3OIS overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does GB:3OIS pay dividends?
GB:3OIS does not currently pay dividends.
How many shares outstanding does GB:3OIS have?
Currently, no data Available
Which hedge fund is a major shareholder of GB:3OIS?
Currently, no hedge funds are holding shares in GB:3OIS