Key stats
About WisdomTree Short GBP Long EUR 5x Daily
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Inception date
Sep 25, 2014
Replication method
Synthetic
Primary advisor
WisdomTree Management Jersey Ltd.
ISIN
JE00BMM1X270
Fund is designed to provide investors with a 'leveraged short' exposure to Pounds Sterling (GBP) relative to Euro (EUR) by tracking the MSFX 5x Short British Pound/Euro Index (TR) (the Index), which aims to reflect five times the performance of a position in forward contracts which are rolled on a daily basis.
Related funds
Classification
Symbol
Geography
Eurozone
Leveraged Decay: how to calculate itBrexit and currency hedging has thrown up the need for products such as SUP3 however there is danger in holding such leveraged products as SUP3 (3X Long GBP Short EUR). As path dependency of the currency picks up in volatility the arithmetic mean drifts below the geometrical mean.
This is most easi
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
GBE5 trades at 14.698 EUR today, its price has risen 0.96% in the past 24 hours. Track more dynamics on GBE5 price chart.
GBE5 net asset value is 14.50 today — it's risen 2.42% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
GBE5 assets under management is 549.85 K EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
GBE5 price has risen by 2.18% over the last month, and its yearly performance shows a 6.46% increase. See more dynamics on GBE5 price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 5.35% increase in three-month performance and has increased by 2.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.42% over the last month, showed a 5.35% increase in three-month performance and has increased by 2.33% in a year.
GBE5 fund flows account for 384.08 K EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
GBE5 expense ratio is 0.98%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, GBE5 is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, GBE5 technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GBE5 shows the neutral signal. See more of GBE5 technicals for a more comprehensive analysis.
Today, GBE5 technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating GBE5 shows the neutral signal. See more of GBE5 technicals for a more comprehensive analysis.
No, GBE5 doesn't pay dividends to its holders.
GBE5 trades at a premium (0.42%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
GBE5 shares are issued by WisdomTree, Inc.
GBE5 follows the MSFX5X Short British Pound/Euro Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 25, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.