What does leveraged daily exposure mean for MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79?

MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 aims to deliver 2 times the daily return of ETN (long). 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 MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79?

Volatility decay (also called compounding drag) occurs because MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 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.

Know before the market does.One step ahead of Buffett.Try the Terminal for free

MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 (520064.KQ) Price

Q: What is the ISIN of MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79?

The ISIN of MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 is KRG520000644.

MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 Price

— EUR

TER0 %

IndexS&P Ultra T-Bond Futures 2X Leveraged Index - Benchmark TR Net

Funds Launch6/28/2023

MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 Price

Access this data via the Eulerpool API

Docs Get Free API Key

Underlying

ETN

ETN2X Long Daily

ETN

MiraeAsset 2x Leveraged Ultra T-Bond Futures ETN 79 provides 2X daily exposure to ETN.

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.