WOORI WON Short Term Bond Active ETF Units (496020.KQ) Price
WOORI WON Short Term Bond Active ETF Units Price
Underlying
WOORI WON Short Term Bond Active ETF Units provides 1X inversedaily exposure to WOORI.
WOORI WON Short Term Bond Active ETF Units List of Holdings
Frequently asked questions about WOORI WON Short Term Bond Active ETF Units
WOORI WON Short Term Bond Active ETF Units is offered by Woori, a leading player in the field of passive investments.
The ISIN of WOORI WON Short Term Bond Active ETF Units is KR7496020009.
WOORI WON Short Term Bond Active ETF Units aims to deliver 1 times the daily return of WOORI (short/inverse). 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 WOORI WON Short Term Bond Active ETF Units 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 WOORI WON Short Term Bond Active 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.
WOORI WON Short Term Bond Active ETF Units provides 1X daily short/inverse exposure to WOORI. When WOORI moves +1% in a day, WOORI WON Short Term Bond Active ETF Units targets approximately 1% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, WOORI WON Short Term Bond Active ETF Units does not comply with the EU UCITS investor protection directives.
WOORI WON Short Term Bond Active ETF Units is domiciled in KR.
The fund was launched on 11/19/2024.
The WOORI WON Short Term Bond Active ETF Units mainly invests in Investment Grade companies.
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
WOORI WON Short Term Bond Active ETF Units