Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN (500051.KQ) Price
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN Price
Underlying
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN provides 2X inversedaily exposure to SPY.
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 S&P500 Futures ETN List of Holdings
Frequently asked questions about Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN is offered by Shinhan, a leading player in the field of passive investments.
The ISIN of Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN is KRG502100511.
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN aims to deliver 2 times the daily return of SPY (short/inverse). The leverage resets each trading day, so multi-day returns can differ materially from 2X the underlying's cumulative return.
Volatility decay (also called compounding drag) occurs because Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN 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.
Leveraged ETFs like Shinhan Securities Shinhan Inverse 2X S&P500 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 Securities Shinhan Inverse 2X S&P500 Futures ETN provides 2X daily short/inverse exposure to SPY. When SPY moves +1% in a day, Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN targets approximately 2% (before fees).
European investors may incur additional costs for currency exchange and transaction fees.
No, Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN does not comply with the EU UCITS investor protection directives.
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN tracks the performance of the S&P 500 Futures 2x Inverse Daily Index - KRW - South Korean Won - Benchmark TR Gross.
Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN is domiciled in KR.
The fund was launched on 7/25/2019.
The Shinhan Securities Shinhan Inverse 2X S&P500 Futures ETN mainly invests in Large Cap 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.