PBR Improvement over 1x ETF (2080.T) Price
PBR Improvement over 1x ETF Price
Underlying
PBR Improvement over 1x ETF provides 1X daily exposure to PBR.
PBR Improvement over 1x ETF List of Holdings
Frequently asked questions about PBR Improvement over 1x ETF
PBR Improvement over 1x ETF is offered by Simplex, a leading player in the field of passive investments.
The ISIN of PBR Improvement over 1x ETF is JP3049980000.
PBR Improvement over 1x ETF aims to deliver 1 times the daily return of PBR (long). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because PBR Improvement over 1x ETF rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X 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 PBR Improvement over 1x 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.
PBR Improvement over 1x ETF provides 1X daily long exposure to PBR. When PBR moves +1% in a day, PBR Improvement over 1x ETF targets approximately 1% (before fees).
The total expense ratio of PBR Improvement over 1x ETF is 0.90%, which means that investors pay 90.00 JPY per 10,000 JPY in investment capital annually.
The ETF is listed in JPY.
European investors may incur additional costs for currency exchange and transaction fees.
No, PBR Improvement over 1x ETF does not comply with the EU UCITS investor protection directives.
The P/E ratio of PBR Improvement over 1x ETF is 13.48.
PBR Improvement over 1x ETF is domiciled in JP.
The fund was launched on 9/7/2023.
The PBR Improvement over 1x ETF mainly invests in Total Market companies.
The NAV of PBR Improvement over 1x ETF amounts to 1.79 B JPY.
The price-to-book ratio is 0.98.
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
PBR Improvement over 1x ETF