What does leveraged daily exposure mean for NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units?

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.

What is volatility decay and how does it affect NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units?

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.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units (486780.KQ) Price

Q: What is the ISIN of NH-Amundi HANARO 200 Futures Leverage 1.5X ETF Units?

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 Price

— EUR

PRO

TER0.25 %

AUM4.45 B KRW

IndexF-KOSPI 200 Index - KRW - Benchmark TR Gross

CurrencyKRW

Funds Launch7/9/2024

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

NH5X Long Daily

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.