Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 (500077.KQ) Price

Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 is offered by Shinhan, a leading player in the field of passive investments.

The ISIN of Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 is KRG500000770.

Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 aims to deliver 5 times the daily return of VIX (short/inverse). 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 Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 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 Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 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.

Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 provides 5X daily short/inverse exposure to VIX. When VIX moves +1% in a day, Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 targets approximately 5% (before fees).

European investors may incur additional costs for currency exchange and transaction fees.

No, Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 does not comply with the EU UCITS investor protection directives.

Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 tracks the performance of the S&P 500 VIX Short-Term Futures 0.5x Inverse Daily Index - Benchmark TR Net.

Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 is domiciled in KR.

The fund was launched on 3/23/2023.

The Shinhan Securities Shinhan Inverse 0.5X SP500 VIX S/T Futures Exchange Traded Note 77 mainly invests in Volatility 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.