3x Long Ferrari
NAV as of 21 Oct 2026, 12:00 AM UTC
$13.39 (-2.33%)
Year-To-Date Change
-11.98%
More Leverage Factors:
Overview
What is the 3x Long Ferrari ETP?
The Leverage Shares 3x Long Ferrari (RACE) ETP (ISIN XS2595673190) is an exchange traded product (ETP) that seeks to deliver 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 Long 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.
ETP objective
To seek daily investment results, before fees and expenses, that correspond to 300% (3x) the daily performance of the underlying stock (RACE).
Who is this product for?
Sophisticated investors and active traders seeking to magnify short-term bullish views or tactically hedge positions, via transparent leverage and without a margin account.
*However, these are complex products.
Value of Underlying Assets
$14,772,164
or 37,187 shares of RACE
AUM
$4,921,722
or 367,531 shares of RAC3
Liabilities
$9,850,442
Listings & Tickers
Key Facts
Index Details
- Index Name
- iSTOXX Leveraged 3x RACE Index
- Index Provider
- STOXX Limited
- Index Bloomberg Ticker
- IX3XRACU
- Leverage Factor
- 3x
Net Asset Value
- NAV (as of 21 Oct 2026)
- $13.39
- Daily Return (% NAV change)
- -2.33%
- Daily Change (of NAV)
- $-0.32
Structure
- Structure
- ETP
- Domicile
- Ireland
- Replication Method
- Physical
- Dividends
- Reinvested
- Underlying Asset
- RACE
- Target Weights
- Rebalance Frequency
Fees
- Annual Management Fee
- 0.75%
- Interest Paid On Cash Balances
- Performance Fee
- Stock Borrow Rate
Tax & Legal
- ISA
- Eligible
- SIPP
- Eligible
- UK Fund Reporting Status
- Yes (effective 15/05/2023)
- US IRS Sec 871(m)
- Not applicable
Passported Countries:
* 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.
Key Services Providers
- Issuer
- Leverage Shares plc
- Arranger
- Leverage Shares Management Company Limited
- Trustee
- Apex Corporate Trustees (UK) Limited
- Issuing and Paying Agent
- U.S. Bank Europe DAC
- Registrar
- U.S. Bank Europe DAC
- Portfolio Administrators
- Flexinvest Limited
- Stock Borrowing Provider and Custodian
- Interactive Brokers LLC, Morgan Stanley & Co. LLC and/or Pershing LLC
- Determination Agent
- Calculation Agent Services LLC
- Initial Authorised Participant
- BNP Paribas Arbitrage S.N.C.,Virtu Financial Ireland Limited, Flow Traders and others
- Sponsor
Frequently Asked Questions about the 3x Long Ferrari (RACE) ETP
- London Stock Exchange: RAC3 (USD), 3RAC (GBP)
- Deutsche Börse Xetra: 3RAC (EUR)
- Borsa Italiana: 3RAC (EUR)