NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units (486780.KQ) Price
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units Price
Underlying
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units provides 5X daily exposure to NH.
Leverage & Compounding Risk
This ETF rebalances daily to achieve its 5X target. Over periods longer than one day, compounding can cause returns to deviate significantly from 5X the underlying's return — especially in volatile, sideways markets (volatility decay). This product is designed for short-term trading, not buy-and-hold investing.
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units List of Holdings
Frequently asked questions about NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units is offered by NH-Amundi, a leading player in the field of passive investments.
The ISIN of NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units is KR7486780000.
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units aims to deliver 5 times the daily return of NH (long). The leverage resets each trading day, so multi-day returns can differ materially from 5X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 5X 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 NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units 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.
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units provides 5X daily long exposure to NH. When NH moves +1% in a day, NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units targets approximately 5% (before fees).
The total expense ratio of NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units is 0.25%, which means that investors pay 25.00 KRW per 10,000 KRW in investment capital annually.
The ETF is listed in KRW.
European investors may incur additional costs for currency exchange and transaction fees.
No, NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units does not comply with the EU UCITS investor protection directives.
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units tracks the performance of the F-KOSPI 200 Index - KRW - Benchmark TR Gross.
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units is domiciled in KR.
The fund was launched on 7/9/2024.
The NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units mainly invests in Total Market companies.
The NAV of NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units amounts to 18.56 B KRW.
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
NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units