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RA3S
LEVERAGE SHARES PUBLIC LIMITED COMPANY LS -3X SHORT FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product

GB:RA3S Price & Analysis

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RA3S ETF Chart & Stats

ETF Overview

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS -3X SHORT FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product

The LEVERAGE SHARES PUBLIC LIMITED COMPANY LS -3X SHORT FERRARI (RACE) ETP, with the ticker GB:RA3S, offers investors a unique opportunity to capitalize on the movements of Ferrari's stock price, specifically targeting the luxury automobile manufacturer's market segment. As an Exchange Traded Product (ETP) focused on the Consumer Discretionary sector, this ETP allows investors to adopt a bearish position by leveraging a -3x short strategy on Ferrari shares. This means that for every 1% decline in Ferrari’s stock price, the ETP aims to deliver a 3% positive return, minus fees and expenses, providing a powerful tool for those anticipating a downturn in the performance of this iconic brand. This ETP is particularly appealing to sophisticated investors with a clear outlook on Ferrari's near-term market performance, offering a strategic advantage in the Automobile Manufacturers niche. By employing leverage, it amplifies potential returns on investment, making it a compelling choice for those looking to hedge existing positions or speculate on market declines. However, it's important to note that the use of leverage also increases the risk profile, requiring careful consideration and active management. Engage with the LEVERAGE SHARES LS -3X SHORT FERRARI ETP to experience a dynamic investment tool designed for those with a strong conviction in their market predictions.
Asset Class
Equity
Region
Global
Issuer
Leverage Shares
Index Tracked
iSTOXX Inverse Leveraged - 3x RACE Index - Benchmark TR Net
Ticker Symbol
GB:RA3S

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS -3X SHORT FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product (RA3S) Fund Flow Chart

LEVERAGE SHARES PUBLIC LIMITED COMPANY LS -3X SHORT FERRARI (RACE) ETP 2023-21.03.73 on Ferrari Exchange Traded Product (RA3S) 1 year Net Flows: 51K

RA3S ETF FAQ

What was GB:RA3S’s price range in the past 12 months?
GB:RA3S lowest ETF price was 2.78 and its highest was 8.30 in the past 12 months.
    What is the AUM of GB:RA3S?
    As of Jan 29, 2025 The AUM of GB:RA3S is 136.50K.
      Is GB:RA3S overvalued?
      Not enough analysts have published a price target to calculate whether the price is overvalued.
      Does GB:RA3S pay dividends?
      GB:RA3S does not currently pay dividends.
      How many shares outstanding does GB:RA3S have?
      Currently, no data Available
      Which hedge fund is a major shareholder of GB:RA3S?
      Currently, no hedge funds are holding shares in GB:RA3S

      Top 10 Holdings

      Name
      Weight %
      USD_CASH
      Euro
      400.00%
      USD_CASH
      SHORT POSITIONS
      -300.00%
      Ferrari NV
      -300.10%
      Total-200.10%
      See All Holdings
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