WisdomTree STOXX Europe Aerospace & Defence 3x Daily Leveraged is a fully collateralised, UCITS eligible Exchange Traded Product (ETP) designed to provide investors with a leveraged exposure to the STOXX Europe Total Market Aerospace & Defense. The ETP provides a total return comprised of 3 times the daily performance of the STOXX Europe Total Market Aerospace & Defense Net Total Return Index (SXRARO), adjusted to reflect fees and costs inherent to maintaining a leveraged position in stocks. For example, if the STOXX Europe Total Market Aerospace & Defense Net Total Return Index rises by 1% over a day, then the ETP will rise by 3%, excluding fees. However if the STOXX Europe Total Market Aerospace & Defense Net Total Return Index falls by 1% over a day, then the ETP will fall by 3%, excluding fees