PYP3
•
Equity
LEVERAGE SHARES 3X PAYPAL ETP
TER (bps):
75
AUM (USD m):
12
ISIN:
XS2663695067
Domicile:
Ireland
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The Leverage Shares 3x PayPal ETP Securities seeks to track the iSTOXX Leveraged 3x PYPL Index, which is designed to provide 3x the daily return of PayPal Holdings, Inc. stock, adjusted to reflect the fees and costs of maintaining a leveraged position in the stock. It invests directly in the underlying PayPal Holdings, Inc. stock and uses margin (borrowing) to purchase additional shares of PayPal Holdings, Inc. stock.
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