What does leveraged daily exposure mean for Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 aims to deliver 2 times the daily return of KOSPI (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.

What is volatility decay and how does it affect Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

Volatility decay (also called compounding drag) occurs because Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 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.

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Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 (500070.KQ) Price

Q: What is the ISIN of Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

The ISIN of Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 is KRG500000705.

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 Price

— EUR

PRO

TER0 %

IndexKOSPI 200 Futures TWAP Inverse -2X Index - KRW - Benchmark TR Gross

Funds Launch10/7/2022

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 Price

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Underlying

KOSPI

KOSPI2X Short Daily

KOSPI

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 provides 2X inversedaily exposure to KOSPI.

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.

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 List of Holdings

Frequently asked questions about Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 is offered by Shinhan, a leading player in the field of passive investments.

ETF profile

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70

Symbol

ISIN

CUSIP

Asset classStocks

Investment SegmentTotal Market

Tracking IndexKOSPI 200 Futures TWAP Inverse -2X Index - KRW - Benchmark TR Gross

EulerpoolShinhan

Managed Assets0

Average Volume—

DomicileKR

Funds Launch10/7/2022

Currency—

Websiteopen.shinhansec.com/etn/product/ETN_PW_FO_0220_01.jsp?menu_code=1&stbd_code=500070&uasst_code=

Total Expense Ratio (TER)0 %

NAV (Net Asset Value)0 M

P/B—

P/E—

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Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 (500070.KQ) Price

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 Price

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 Price

Underlying

Leverage & Compounding Risk

Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 List of Holdings

Frequently asked questions about Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70

Who is the provider of Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

What is the ISIN of Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

What does leveraged daily exposure mean for Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

What is volatility decay and how does it affect Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

Is Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 suitable for long-term buy-and-hold investing?

What is the underlying asset of Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

What additional costs can European investors incur?

Is Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 UCITS-compliant?

What index is replicated by Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70?

Where is Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 domiciled?

When was Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 launched?

In which segment does Shinhan Securities Shinhan Inverse 2X KOSPI 200 Futures ETN 70 primarily invest?

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