WisdomTree Gold 3x Daily Short (3GOS.MI) is a fully collateralized exchange traded commodity (ETC) issued by WisdomTree Multi Asset Issuer PLC that enables investors to achieve leveraged short exposure to the performance of gold futures by delivering three times the inverse daily total return of the Solactive Gold Commodity Futures SL Index. The product employs a synthetic replication method through fully collateralized swaps provided by BNP Paribas Arbitrage SNC, with collateral held at the Bank of New York Mellon and marked to market daily; it features an annual management fee of 0.99% and a daily swap rate of 0.008%, alongside restrike mechanisms triggered at 20% intraday or overnight thresholds to manage extreme volatility risks. Launched on December 20, 2012, and domiciled in Ireland with a fund size of approximately EUR 18 million, the ETC trades on multiple European exchanges including Borsa Italiana (3GOS), London Stock Exchange (3GOS USD/3SGO GBP), Xetra (PCFN), and others, targeting sophisticated investors seeking short-term tactical positions without direct handling of physical gold storage or delivery.
The ETC forms part of WisdomTree's broader commodities leveraged ETP suite, which also encompasses products such as WisdomTree Gold 3x Daily Leveraged, Silver 3x Daily Leveraged, and related leveraged and short offerings on precious metals including silver, platinum, and futures-based indices; these UCITS-eligible instruments cater to institutional and professional investors focused on commodities derivatives, with geographic availability across Europe including Germany, Ireland, Italy, Norway, and the United Kingdom.
In recent developments, WisdomTree has expanded its European product lineup amid surpassing USD 50 billion in assets under management for its ETF and ETP range as of October 2025, including the launch of a physically backed Stellar Lumens (XLM) ETP on SIX Swiss Exchange, Euronext Paris/Amsterdam, and Xetra in October 2025 with a 0.50% fee, alongside a world-first European Defence UCITS ETF in March 2025 and ongoing innovations in tokenized assets and blockchain-enabled platforms like WisdomTree Prime and Connect.