very interesting. never heard of this. care to share any more info, im using google as well but any info helps

DWTI is the inverse 3x Leverage against OIL if you are bearish.

The following is my understanding of how these work. Basically they closely mimic the percentage increase/decrease in Crude oil but at 3X. So a 5% increase in Crude would be roughly a 15% increase in the price of UWTI and -15% on DWTI.

Here comes the fun math part- this goes by day. SO for example to keep things simple say we are at a point where Oil and UWTI are both at $100.

Day #1 Oil goes up 20% to $120, UWTI will go up 60% to $160

Day #2 Oil goes down 20% to $96, UWTI will go down 60% to $64

Day #3 Oil goes up 20% to $115.20, UWTI will go up 60% to $102.40

ETC ETC, of course this is an extreme example just to bring the point across that over the long term the return wont be 3x the return of oil, it all depends on the Volatility on the way up (or down).

The less volatility the closer it will be to the 3x mark.

Does this make sense?

(Above is simplified, its probably much more complex)