VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New (DWT) Research
This investment vehicle is designed to provide returns that correspond to three times the inverse (or opposite) performance of the S&P GSCI® Crude Oil Index ER, with its operational costs deducted. The underlying index's methodology involves simulating an investment in the NYMEX light sweet crude oil futures contract that is nearest to its expiration date. This simulated position is then rebalanced each month by transitioning into the next month's expiring futures contract. Therefore, the index's valuation is directly influenced by price fluctuations in these specific NYMEX light sweet crude oil futures agreements.
Market snapshot
- Symbol
- DWT
- Price
- $14.75
- Day change
- +0.07%
- Market cap
- $1.6B
- 52-week range
- 4.7-39.53
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
Peer companies
- Invesco BulletShares 2021 Corporate Bond ETF (BSCL)
- Invesco BulletShares 2022 Corporate Bond ETF (BSCM)
- Invesco BulletShares 2023 Corporate Bond ETF (BSCN)
- ProShares Short Term USD Emerging Markets Bond ETF (EMSH)
- MicroSectors™ FANG+™ 3x Leveraged ETNs (FNGB)
- iShares iBonds Dec 2023 Term Corporate ETF (IBDO)
- iShares iBonds Dec 2024 Term Treasury ETF (IBTE)
- iShares Morningstar Growth ETF (JKE)
Open VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New (DWT) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.