JPX-Nikkei 400 Bull 2x Leveraged ETF (1467.T) Price
JPX-Nikkei 400 Bull 2x Leveraged ETF Price
Underlying
JPX-Nikkei 400 Bull 2x Leveraged ETF provides 2X daily exposure to JPX.
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.
JPX-Nikkei 400 Bull 2x Leveraged ETF List of Holdings
Frequently asked questions about JPX-Nikkei 400 Bull 2x Leveraged ETF
JPX-Nikkei 400 Bull 2x Leveraged ETF is offered by Simplex, a leading player in the field of passive investments.
The ISIN of JPX-Nikkei 400 Bull 2x Leveraged ETF is JP3048030005.
JPX-Nikkei 400 Bull 2x Leveraged ETF aims to deliver 2 times the daily return of JPX (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 JPX-Nikkei 400 Bull 2x Leveraged 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 JPX-Nikkei 400 Bull 2x Leveraged 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.
JPX-Nikkei 400 Bull 2x Leveraged ETF provides 2X daily long exposure to JPX. When JPX moves +1% in a day, JPX-Nikkei 400 Bull 2x Leveraged ETF targets approximately 2% (before fees).
The ETF is listed in JPY.
European investors may incur additional costs for currency exchange and transaction fees.
No, JPX-Nikkei 400 Bull 2x Leveraged ETF does not comply with the EU UCITS investor protection directives.
JPX-Nikkei 400 Bull 2x Leveraged ETF tracks the performance of the JPX-Nikkei 400 Leveraged Index - JPY.
JPX-Nikkei 400 Bull 2x Leveraged ETF is domiciled in JP.
The fund was launched on 8/21/2015.
The JPX-Nikkei 400 Bull 2x Leveraged ETF mainly invests in Total Market companies.
The NAV of JPX-Nikkei 400 Bull 2x Leveraged ETF amounts to 19.01 B JPY.
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
JPX-Nikkei 400 Bull 2x Leveraged ETF