WisdomTree Palladium 1x Daily Short is a fully collateralised, Exchange-Traded Commodity (ETC) designed to provide investors with a short exposure to Palladium. The ETC provides a total return comprised of -1 times the daily performance of the Solactive Palladium Commodity Futures SL index (SOLWSPA1), plus the interest revenue adjusted to reflect fees and costs associated with the product. For example, if the Solactive Palladium Commodity Futures SL index rises by 1% over a day, then the ETP will fall by 1%, excluding fees. However if the Solactive Palladium Commodity Futures SL index falls by 1% over a day, then the ETP will rise by 1%, excluding fees.