WisdomTree S&P 500 5x Daily Short is a UCITS eligible and fully collateralised Exchange Traded Product (ETP) designed to provide investors with a leveraged short exposure to S&P 500 Futures futures contracts. The ETP provides a total return comprised of -5 times the daily performance of the S&P 500 Futures (0930 1600 ET) ER Index (SPXFPE), plus the interest revenue adjusted to reflect fees and costs associated with the product.