Shinhan S&P Inverse Euro Futures ETN (500079.KQ) Price
Shinhan S&P Inverse Euro Futures ETN Price
Underlying
Shinhan S&P Inverse Euro Futures ETN provides 1X inversedaily exposure to ETN.
Shinhan S&P Inverse Euro Futures ETN List of Holdings
Frequently asked questions about Shinhan S&P Inverse Euro Futures ETN
Shinhan S&P Inverse Euro Futures ETN is offered by Shinhan, a leading player in the field of passive investments.
The ISIN of Shinhan S&P Inverse Euro Futures ETN is KRG500000796.
Shinhan S&P Inverse Euro Futures ETN aims to deliver 1 times the daily return of ETN (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 Shinhan S&P Inverse Euro Futures ETN 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 Shinhan S&P Inverse Euro Futures ETN 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 S&P Inverse Euro Futures ETN provides 1X daily short/inverse exposure to ETN. When ETN moves +1% in a day, Shinhan S&P Inverse Euro Futures ETN targets approximately 1% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, Shinhan S&P Inverse Euro Futures ETN does not comply with the EU UCITS investor protection directives.
Shinhan S&P Inverse Euro Futures ETN tracks the performance of the S&P Euro Futures 1x Inverse Daily Index - EUR - Benchmark TR Net.
Shinhan S&P Inverse Euro Futures ETN is domiciled in KR.
The fund was launched on 6/2/2023.
The Shinhan S&P Inverse Euro Futures ETN mainly invests in Long USD, Short EUR 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
Shinhan S&P Inverse Euro Futures ETN