What is the ISIN of Simplex Asset TOPIX Bull 2x ETF (1568)?

The ISIN of Simplex Asset TOPIX Bull 2x ETF (1568) is JP3047440007.

What does leveraged daily exposure mean for Simplex Asset TOPIX Bull 2x ETF (1568)?

Simplex Asset TOPIX Bull 2x ETF (1568) aims to deliver 2 times the daily return of TOPIX (long). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Simplex Asset TOPIX Bull 2x ETF (1568)?

Volatility decay (also called compounding drag) occurs because Simplex Asset TOPIX Bull 2x ETF (1568) 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.

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Simplex Asset TOPIX Bull 2x ETF (1568) (1568.T) Price

Simplex Asset TOPIX Bull 2x ETF (1568) Price

— EUR

PRO

TER0.75 %

AUM25.84 B JPY

IndexTOPIX Leveraged (2x) Index - JPY - Benchmark TR Gross

CurrencyJPY

Funds Launch4/5/2012

Simplex Asset TOPIX Bull 2x ETF (1568) Price

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Underlying

TOPIX

TOPIX2X Long Daily

TOPIX

Simplex Asset TOPIX Bull 2x ETF (1568) provides 2X daily exposure to TOPIX.

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.