The WisdomTree WTI Crude Oil 2x Daily Leveraged is an Exchange Traded Commodity (ETC) that is fully backed by assets. Its primary objective is to offer investors magnified, or 'leveraged', exposure to the price movements of WTI Crude Oil. The ETC's performance aims to replicate, on a daily basis, twice the return of the Bloomberg WTI Crude Oil SL Excess Return Index (BCLSLER).