NAV as of 15 Oct 2026, 12:00 AM UTC
$1.47 (-8.70%)
Year-To-Date Change
-54.19%
LSE
Xetra
Borsa Italiana
Capital at risk. NAV calculated by Leverage Shares. For more information on the calculation please click here
The Leverage Shares -3x Short Ferrari (RACE) ETP (ISIN XS2595673786) is an exchange traded product (ETP) that seeks to deliver minus three times (-3x) the daily performance of Ferrari NV ADR. It achieves leverage through margin borrowing and has physical ownership of the underlying, so it does not use swaps or other derivatives to achieve its exposure, and it does not have credit risk. Exposure is rebalanced daily, and an intraday rebalance mechanism ("airbag") is designed to cushion the largest intra-day moves, triggering at 16.67%. You cannot lose more than the amount you invest. The Leverage Shares -3x Short Ferrari (RACE) ETP has an annual management fee of 0.75% and is listed on the following exchanges: London Stock Exchange, Deutsche Börse Xetra, Borsa Italiana. It is designed for short term trading and should be monitored daily.
To seek daily investment results, before fees and expenses, that correspond to -300% (-3x) the daily performance of the underlying stock (RACE).
Sophisticated investors and active traders seeking to express short-term bearish views or tactically hedge positions, via inverse exposure and without a margin account.
*However, these are complex products.
Value of Underlying Assets
$-895,244
or -2,248 shares of RACE
AUM
$298,435
or 202,621 shares of RA3S
Liabilities
$1,193,679
Passported Countries:
United Kingdom
Italy
Germany
France
Spain
Netherlands
Ireland
Poland
Belgium
Sweden
Norway
Austria
* The information on this website regarding UK Fund Reporting Status is accurate as of the stated effective date (the "Effective Date"). Leverage Shares makes no representation or warranty that such information will remain accurate, complete or current thereafter, assumes no obligation to update it, and, to the fullest extent permitted by applicable law, accepts no responsibility or liability for any inaccuracies or omissions arising after the Effective Date.
Market Insights
In the first three days of July, volume trends in Leverage Shares’ products across 3 exchanges across Europe – the London Stock Exchange (LSE), the Borsa Italiana (BITA) and Germany’s XETRA – saw divergent volume trends.
Market Insights
Ferrari Earnings Reaffirm the Power of Scarcity as 2026 Profit Growth Comes into View Ferrari’s latest earnings release has provided a timely reminder of the company’s structural strengths.
Market Insights
With the Trump administration’s tariffs on European goods remaining higher than 2024 levels despite arriving at a trade deal with the European Union, European carmakers’ stocks have been under pressure, given that the United States had become a growth mar
Market Insights
Unlike its many contemporaries that operate multiple factories around the world to produce thousands of vehicles, Ferrari N.V., once designated a "small volume manufacturer" (or SVM) by the U.S.
