What does leveraged daily exposure mean for MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF?

MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF aims to deliver 3 times the daily return of US (long). The leverage resets each trading day, so multi-day returns can differ materially from 3X the underlying's cumulative return.

What is volatility decay and how does it affect MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF?

Volatility decay (also called compounding drag) occurs because MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 3X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

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MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF (SOXU.TO) Kurz

Q: Jaký je ISIN MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF?

ISIN MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF je CA54315B4091.

MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF Kurz

— EUR

PRO

TER0,00 %

AUM18,19 Mil. CAD

IndexSolactive US Semiconductor 30 Capped Index - CAD - Benchmark TR Net

MěnaCAD

Zahájení fondu22. 5. 2025

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Základní

US3X Long Daily

MegaLong (3X) US Semiconductors Daily Leveraged Alternative ETF poskytuje 3X denní expozici US.

Leverage & Compounding Risk

This ETF rebalances daily to achieve its 3X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 3X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.