SavvyShort (-2X) COIN ETF (COID.TO) Price
SavvyShort (-2X) COIN ETF Price
Underlying
SavvyShort (-2X) COIN ETF provides 2X daily exposure to COIN.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 2X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 2X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
SavvyShort (-2X) COIN ETF List of Holdings
Frequently asked questions about SavvyShort (-2X) COIN ETF
SavvyShort (-2X) COIN ETF is offered by LongPoint, a leading player in the field of passive investments.
The ISIN of SavvyShort (-2X) COIN ETF is CA54315B6492.
SavvyShort (-2X) COIN ETF aims to deliver 2 times the daily return of COIN (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because SavvyShort (-2X) COIN ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 2X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.
Leveraged ETFs like SavvyShort (-2X) COIN ETF are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.
SavvyShort (-2X) COIN ETF provides 2X daily long exposure to COIN. When COIN moves +1% in a day, SavvyShort (-2X) COIN ETF targets approximately 2% (before fees).
The ETF is listed in CAD.
European investors may incur additional costs for currency exchange and transaction fees.
No, SavvyShort (-2X) COIN ETF does not comply with the EU UCITS investor protection directives.
SavvyShort (-2X) COIN ETF tracks the performance of the Coinbase Global, Inc. Class A.
SavvyShort (-2X) COIN ETF is domiciled in CA.
The fund was launched on 2/3/2026.
The SavvyShort (-2X) COIN ETF mainly invests in Financial titles companies.
The NAV of SavvyShort (-2X) COIN ETF amounts to 9.73 M CAD.
Investments can be made through brokers or financial institutions that provide access to trading ETFs.
The ETF is traded on the stock exchange, similar to stocks.
Yes, the ETF can be held in a regular securities account.
The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.
The ETF is valued on a daily stock exchange basis.
Information on dividends should be requested from the provider's website or your broker.
The risks include market fluctuations, currency risks, and the risk associated with smaller companies.
The ETF is obligated to report regularly and transparently on its investments.
The performance can be viewed on Eulerpool or directly on the provider's website.
Further information can be found on the official website of the provider.
ETF profile
SavvyShort (-2X) COIN ETF